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.
Entries Tagged 'S Corporation' ↓
Tired of Conflicting Advice?
March 9th, 2010 — Delaware Corporation, Incorporation, Nevada Corporations, S Corporation, Small Business Start-Up, Sole Proprietorship
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.
Protecting Your Assets During a Credit Crisis!
September 29th, 2009 — Asset Protection, Business Credit, Nevada Corporations, S Corporation
By Scott Letourneau, CEO of Nevada Corporate Planners, Inc.
As the economy continues to crumble all around us…I like most hope it gets better but with the credit card industry likely to become the next full scale foreclosure crisis, hurting banks even more, and limiting the consumers ability to purchase…I see us in for a long road ahead before any recover happens. Consumer credit card losses alone are expected to be over $100 Billion in 2009 (it was $25 Billion in 2008).
Want to Learn How to Form an LLC Taxed as an S Corporation?
March 18th, 2009 — Business Startup, LLC, S Corporation
If you want to form a Limited Liability Company that will be taxed as an S Corporation, you’ll want to know some basic information before you start a business. Many people choose to form their companies as an LLC but with the S Corporation taxation election. Why?
