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Key differences between C-Corps, S-Corps and non-corporate business structures have profound implications on taxes and business owner’s liability.

A corporation is a type of business entity created by filing Articles of Incorporation with the state. A corporation’s owners are known as shareholders, and a corporation also has officers and directors who run the business. As a legal entity, a corporation is considered separate from its shareholders, meaning shareholders aren’t personally responsible for debts […]

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Limited Liability Companies (LLC’s)

Limited Liability Companies (LLC’s) straddle the border between the corporate model and the partnership model. LLCs can be taxed like a C-corp or an S-corp if so elected and owners (known as “members”) enjoy limited liability protection but are not bound to the same regulations and administrative requirements as a corporation. While LLCs are easier […]

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Starting a New Business

Starting a business involves some essential steps, including funding, choosing a business structure, tax election, and building your brand.  An attorney can assist you with this.

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