It is also a tax status for other business entities; for example, limited liability companies may elect to be taxed as S corps, even though their entity type is LLC. Like a sole proprietorship or partnership, an S corp is chiefly defined by its pass-through tax status—it passes ...
Forming an LLC, limited partnership (LP), limited liability partnership (LLP), or corporation (whether it is a C corporation or S corporation for income tax purposes) grants the owner or owners of that business entity limited liability protection. The corporation, LLC, LP or LLP owns ...
My last article describedwhy I think everyone should start a businessand this post explains the benefits of forming an S Corp once your business becomes more profitable. To assist me with this article, I brought back the tax mastermind who helped me switch my own business over to an S Corpo...
but registration was refused because an Atlanta-area restaurant operated by Great Concepts LLC, had registered DANTANNA’S for restaurant services in 2003. An aggrieved Mr. Tana sought to cancel this registration, and he also sued Great Concepts for trademark infringement in 2008 in...
Although a digital scan of your signature pasted into a Word document can make an agreement legally enforceable, you still need to deal with file security itself. That's where secure e-signatures can offer an extra layer of protection, especially as part of your website management if you use...
Here’s an example from Harry’s, a shave kit company who sent an upsell email to their customers to try their new and more expensive shave gel and aftershave moisturizer: Nordstrom use cross-selling as part of their email marketing strategy. In the email below they have created ...
@Liquid Controls - an IDEX Energy business 4 weeks ago Show More LC SALUTES: “DAY IN THE LIFE” DOCUMENTARIES LC Salutes is a campaign by Liquid Controls that honors thehard working men and womenof our industry who keep the world fueled. We are honored to have spent some time on the ...
LLCs don’t offer stocks for employees or outside investors. Instead, they offer membership to individuals with an ownership stake. Members can manage the day-to-day business operations of an LLC themselves, or they can function more like a corporate board of directors overseeing the activities...
At various points in my presentation, I said “talk to your attorney about this.” For example, when talking about LLC vs corporation, I talked about the tax consequences but also warned that people should talk to an attorney about the legal considerations. ...
Businesses require something different altogether, depending on how you decide to run your business. If you are the only employee and choose not to create a separate business entity like an LLC or an S-Corp, you will file your taxes the same as anyone with a side hustle would. This is ...