The Wisconsin Economic Development Corp. this week announced that the communities participating in the Thrive Rural program will have access to up to $25,000 in grants, as well as two years of technical assistance in planning and grant writing.Missy Hughes, secretary and CEO of WEDC, said the...
About Wisconsin Economic Development Corp. Wisconsin Economic Development Corp. aims to elevate the Wisconsin economy to be the best in the world by providing a positive business climate, world-class support services, and economic development tools to accelerate business start-up, attraction, and growt...
An LLC lets an entrepreneur conduct business with greater personal liability protection and tax benefits than they’d get from a sole proprietorship or partnership. Corporations (both S corp and C corp) provide their own tax benefits and personal asset protections, but with more organizational struct...
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Just the same, Wisconsin is continuing to pay serious incentives for its high tech aspirations. According to the Wisconsin Economic Development Corporation, Foxconn has already been approved for nearly $44 million in subsidies under the scaled back incentive deal. The company is eligible to increase...
Once this process is completed and after any tax-deductible expenses are taken out, the LLC members pay self-employment taxes and income tax on their portion of the business income. Alternatively, Wisconsin LLCs can choose to elect to be taxed as an S corporation (S corp) or C corporation...
An interview with Paul Jadin, chief executive officer of the quasi public Wisconsin Economic Development Corp. is presented. When asked about company's business expansion he mentions agreement between quasi public Wisconsin Economic Devel...
[maize], soybeans, tobacco, and livestock). Food processing is a major industry, and the city is the headquarters for Oscar Mayer Foods Corp. Services (health care and insurance), printing, and manufacturing (truck trailers, medical equipment, and agricultural equipment) are also important. The...
S corp is short for “Subchapter S Corporation.” It’s a tax status geared toward a small business. Having your LLC taxed as an S corp has pass-through taxation like a standard LLC, but there’s another potential advantage for some LLCs: It could reduce your self-employment taxes. Se...
Dave Armstrong, the executive director of the Barron County Economic Development Corp., said he has spoken with the liquidator who was hired to dispose of the properties, and they are looking at the property’s value and whether any environmental issues need to be addressed. ...