What the New Tax Bill Means for Small Businesses, Startups, LLCs, S Corps, and Sole Proprietors

*** Last Updated:  12/6/2017  The U.S. Congress is currently in the midst of attempting to pass sweeping tax reforms for businesses of all sizes. Our coverage is primarily focused on how the new tax bill will affect small businesses, LLCs, S Corps, and startups, including service-based businesses. Quicklinks:  The Latest Events |  Summary of Business [...]

Could Your LLC Save on Taxes by Converting to an S Corp?

As an LLC owner, one of the things that you should think about is whether the business should remain an LLC, or whether your business would benefit from changing its corporate structure to something else, such as an S Corp. If you’re thinking of the disadvantages and advantages of changing the corporate structure of your [...]

Is an Officer of a Corporation An Employee?

► Business & Startups FAQs | Knowledge Base One of the top questions we get in the area of corporate governance is whether an officer of a corporation is an employee. Such a common question should have a very easy answer, right? So why is it so hard to get a straight answer on this? The [...]

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