Forming a C corporation to take advantage of fringe benefits when your business doesn’t fit the C corporation model. (Can you spell nightmare?)
Asset Protection and Business I.Q.
Entries Tagged 'S Corporation' ↓
Costly Mistakes 6-10 – in Business
July 7th, 2010 — Business Credit, Business Credit Builder, Business Financing, Business Promotion, Business Startup, IRS, LLC, Nevada Corporations, Other Business, Podcasts, S Corporation, Small Business, Small Business Start-Up, Sole Proprietorship, State Incorporation, Taxes, U.S. Company, Why Us, Work and Family
10 Costly Mistakes Before Entity Formation
July 7th, 2010 — Business Financing, Business Startup, Credit Bureaus, S Corporation, Small Business Start-Up, State Incorporation, Taxes, U.S. Company, Why Us
Costly Mistake Number 1:
Forming an LLC and NOT knowing how it’s taxed (Are you a single or multi-member LLC? Will you be disregarded for tax purposes, taxed as a partnership, a C-, or an S-corporation?)
Asset Protection and Business I.Q.
Creating A Foundation For Success
July 7th, 2010 — Business Credit, Business Startup, Incorporation, LLC, Nevada Corporations, S Corporation, Small Business, Small Business Start-Up, State Incorporation, State Incorporation Video, Why Us
Fast Business Start up
Tired of Conflicting Advice?
March 9th, 2010 — Delaware Corporation, Incorporation, Nevada Corporations, S Corporation, Small Business Start-Up, Sole Proprietorship
Did you go to your CPA and get one answer on the best entity for your new business? Perhaps you spoke to another CPA and received another view of point? Add to the frustration if you visited an attorney and may have received a third approach to your new business.
Social Security Wage Base for 2010-Unchanged!
October 19th, 2009 — Business Startup, S Corporation
The Social Security wage base will remain $106,800 for 2010, the first time the index hasn’t budged since 1971. The tax rates will not change, either:
6.2% for FICA and 1.45% for Medicare. Self-employed taxpayers will pay 15.3% on the first $106,800 of their net earnings and 2.9% on any amounts above that.
