Now let’s take some time to consider the tax treatment for each one of the corporate entity structures discussed in the last article. Some tax issues affecting the choice of the entity involve tax years; pass-through issues; and compensation and payroll taxes....
In our first article, we discussed different forms of partnerships. Now let’s focus on corporations. A corporation, unlike the other structures, results in the formation of a completely independent legal entity and is created under the authority granted by state law....
When I talk to my clients that are new business owners or clients who are considering starting a business, a major question I get is: How should I operate and structure my business? Well, simply put, how you set up your business and whether you plan on going it alone...
