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