S Corp Questions

Sorry for the California specificity of my question, but that is where I am located. I want to close my S-corp (I'm taking a full time job). Ideally, I'd like to do it before the end of the year...

California USA S Corp

asked Nov 9 '13 at 06:02

Dave
160 points

I'm starting a self-employed S-Corp to perform software development services for which I will charge an hourly rate. I'm setting myself up as the sole employee of the S-Corp and will pay myself...

Health Insurance Salary Payroll S Corp

asked Mar 1 '13 at 08:46

User25256
6 points

A few friends and I have started building small apps and WordPress plugins in our spare time, and I'm wondering what would be the best business structure (LLC, S-Corp, etc) as I think it's almost...

LLC Partner Equity Part Time S Corp

asked Feb 20 '13 at 06:14

Jeremiah Prummer
441 points

I run a business where sells certain ebooks and pdfs online. I want to form an official business entity just to be able to operate under that name, protect myself from liability as well as get any...

LLC Business Sole Proprietorship S Corp

asked Dec 30 '12 at 14:47

Clifgray
200 points

I am starting a technology business with my 50% partner. We are trying to decide between an LLC and a C-Corp. (We are in Michigan) In our case an S-Corp probably won't work too well. I've read a...

LLC Incorporation Legal Company S Corp

asked Dec 5 '12 at 10:00

Thread7
11 points

My understanding is that an S corporation is the easiest for a new firm, and can always be changed to a C corporation later. What are the reasons not to do it this way? The firm under...

Incorporation Legal Tax S Corp

asked Nov 3 '12 at 03:29

Math Attack
106 points

Are there any ways to defer taxation on S-Corp profits in a year?

Tax Profitability S Corp

asked Aug 21 '12 at 09:46

N L
18 points

I recently registered a S corp in CA. At this time I do not have any transaction. Income is 0, hoever I have made some expenses with my Biz account for small items like computer, desk etc. From...

Tax California S Corp

asked Aug 11 '12 at 03:15

User19188
6 points

I run a small US-based startup, (an S Corp), I am also a contractor of this business. Am I able to withdrawl money from the main business banking account and pay myself (a contractor) without...

Independent Contractor Accounting S Corp

asked Jul 16 '12 at 06:22

User1062058
22 points

My company (or soon to be) is looking at becoming an S-Corp. Right now most of our funds are tied up in the company and we can't really afford to hire an attorney to do the work for us. Can we get...

Incorporation Legal S Corp

asked Jun 29 '12 at 04:58

Mike
19 points

I live in California USA. I have a client in Toronto Canada. They are paying me in US dollars and require a corp-to-corp realationship. Should I create an LLC or S-corp?

LLC California S Corp

asked Jun 15 '12 at 16:38

Mitch
1 point

In this publication, the IRS lists a number of fringe benefits that you can provide employees and details when/why they would be considered taxable vs. non-taxable. However, at the start of the...

Tax Benefits S Corp

asked May 3 '12 at 01:56

Jeffrey Blake
115 points

After asking about the taxation of fringe benefits for shareholders in an S Corp, it occurred to me that there could be two types of shareholders. Those who are silently collecting whatever profits...

Tax Benefits S Corp

asked May 3 '12 at 23:43

Jeffrey Blake
115 points

I want to start a S-corp. The company will not generate any income atleast of for 1 year. Probably after a year the company may start generating some income. I also have a fulltime job. When the...

Salary S Corp

asked Apr 15 '12 at 00:28

Ragha J
4 points

Do you think is safe to send a copy of the certificate of corporation (Articles Of Incorporation) to a very interested investor? I think this investor wants to verify that my startup company is...

Corporate Structure Corporation S Corp

asked Mar 23 '12 at 12:47

Zapoo
303 points

I was working for quite a time with US company which is S Corporation. Now we are planning to continue as partners and I should get 10% of the company. As far as I understand I cant be a...

Incorporation Equity Shares S Corp

asked Feb 13 '12 at 01:59

Igor Romanov
118 points

My startup is at the stage where I'm considering forming an LLC, S-Corp or C-Corp. I've been reading a lot, on this site and others, about the various advantages and disadvantages of the 3 main...

Incorporation Salary S Corp

asked Jan 12 '12 at 02:14

Paul Cezanne
649 points