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Why You Might Choose S Corp Taxation for Your LLC
A limited liability company – or LLC – is a legal entity formed under state law to run a business. It provides many of the advantages of a corporation but is easier to form and operate. The way that business is subsequently taxed may need some explanation. A...
What is a DBA – And Do I Need One?
DBA simply means "doing business as." And is any registered name that a business operates under that isn't its legal business name. A DBA is sometimes called a trade name, fictitious name, or assumed name. Registration of a DBA requires a fee and yearly renewal for as...
S Corp Vs C Corp: What’s the Difference?
Corporations are probably the most widely talked about business types in the United States – if not the world at large – and yet, also the most complex and yet easily misunderstood. Many new business owners who would otherwise be in sole proprietorships or even...
To LLC or Not to LLC: That is the Question
A previous post discussed the pros and cons of sole proprietorship in business. However, it may be the right fit for your business to form a Limited Liability Company – or LLC – which is a legal form of a company that provides protection and limited liability to its...
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