Why an LLC Might be the Best Choice of Entity for Your Business By: David M. Reape The business entity you choose can affect your taxes, personal liability, and other issues. A limited liability company (LLC) is somewhat of a hybrid entity in that it can be […]
S Corporation Vs. LLC: The Way a Manufacturing Company Is Structured Affects Taxes and More By: Cheryl Lanese For decades, owners of small to midsize manufacturing companies have opted for the S corporation form of ownership, rather than being subject to the double taxation of C corporations. However, […]
Is an LLC the right choice for your small business? By: David M. Reape Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or maybe you are launching a new […]
Beware the Ides of March — if you own a pass-through entity By: David M. Reape Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes. […]