Buying and selling real estate in a corporation gives you limited liability against lawsuits. This makes the corporation responsible for paying any judgments or settlements. In addition, your personal ...
The United States Census Bureau announced that it has received 52,151 business applications to form corporations for July 2021. This indicates a 1.2% increase in application volumes from the previous ...
So, you want to form your own not-for-profit corporation and you're hoping that wealthy Aunt Hilda will give your new corporation some tax-deductible dollars? "How do I accomplish this?" you ask, and ...
I blame Stranger Things for kicking off this recent wave of 80’s nostalgia. And while like most people my age, the show’s references to Ghostsbusters and New Coke brought me back to a happier time, ...
An S-corp is a special designation in the U.S. tax code for small businesses. Pros include less personal liability. Many, or all, of the products featured on this page are from our advertising ...
Your nonprofit company reports the money you pay your employees on their W-2 forms. If you pay at least $600 to a non-employee during the tax year, you report it to them and the IRS on Form 1099-NEC.