Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...

Electing to establish an S corporation could unlock the tax benefits enjoyed by millions of small business owners — as long as financial advisors and clients avoid some pitfalls. Those include the ...

When you’re setting up a business, choosing the right corporation type can feel like a big deal. It’s not just about the name; it’s about how your business will be taxed, how you’ll handle ...

There are three main options: salary, distributions or both. The best choice depends partly on your role in the S-corp. Many, or all, of the products featured on this page are from our advertising ...

Another distinction lies in flexibility. LLCs allow owners to reinvest profits or distribute income in a variety of ways, while S-Corps must distribute earnings based strictly on ownership percentage.