An S Corporation can provide retirement contributions to its employees of up to 25% of their compensation. However, this is capped at $56,000. An S Corp without any other employees can set up a Solo401(k) plan.
What are the advantages of a corporation? What is a disadvantage for a company that goes public? What are the disadvantages of a sole proprietorship? What are the disadvantages of a partnership? What is a major drawback of Sole proprietorships?
Page 6 of 50 - About 500 Essays Advantages and Disadvantages of a Corp. AdvantagesandDisadvantagesof a corporation-Advantages: * Separate legal entity * Limited Liability * Ease of capital generation * Lack of mutual agency * Continuous existence * Centralized authority and responsibility * Profession...
Advantages and Disadvantages of a Corp. AdvantagesandDisadvantagesof a corporation-Advantages: * Separate legal entity * Limited Liability * Ease of capital generation * Lack of mutual agency * Continuous existence * Centralized authority and responsibility * Professional managementDisadvantage...
If you start a business, you may find your legal or financial advisor recommending that you incorporate the business as a limited liability company. LLCs provide you with legal and tax advantages. An LLC also generates disadvantages in terms of how you r
Here are the advantages and disadvantages of different types of corporations so you can decide which one to set up: C corp, S corp, LLC - plus how to file.
The corp can retain earnings without income tax. Colleen posted on 12/21/2010 I am a managing member of an LLC. We filed the paperwork in Florida, but never did anything with the business. Basically we have a name of a company and that is it. I filed for unemployment four weeks ...
The city of San Antonio, Texas is a fast-growing metropolitan city that has a very tremendous amount of people. It has been estimated that the city will grow by another million people in the next ten to twenty years. San Antonio’s traffic is becoming a huge issue and is quickly approach...
Benefit Corporation vs. B Corp A benefit corporation, sometimes referred to as a B corporation, is a type of company, officially recognized in most states of the U.S., that operates for the benefit of stakeholders such as employees and the larger community rather than simply for its sharehold...
Toyota Motor Corp. in Mexico In 2015, Toyota Motor Corporation announced plans to establish a new manufacturing facility in Mexico through an investment of about US$1 billion. Slated to open in 2019, the facility is expected to produce up to 200,000 units per year in conjunction with the cu...