FAQ
FAQ
The biggest difference between C and S corporations is taxes. A C corporation pays tax on its income, plus you pay tax on whatever income you receive as an owner or employee. An S corporation doesn't pay tax. Instead, you and the other owners report the company revenue as personal income.
What's the difference between c-corp and s-corp?
The biggest difference between C and S corporations is taxes. A C corporation pays tax on its income, plus you pay tax on whatever income you receive as an owner or employee. An S corporation doesn't pay tax. Instead, you and the other owners report the company revenue as personal income.
typically do this years before there are actual unpaid debts or judgments. Certain property, such as your primary residence and money in retirement accounts, may be automatically protected from creditors.
How does the company protect my personal assets?
typically do this years before there are actual unpaid debts or judgments. Certain property, such as your primary residence and money in retirement accounts, may be automatically protected from creditors.
There are two major reasons for Delaware's dominance of the corporate incorporation business. ... The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.
Why do so many choose to form companies in Delaware?
There are two major reasons for Delaware's dominance of the corporate incorporation business. ... The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.
The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States for the purposes of identification.
What is EIN?
The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States for the purposes of identification.
A limited liability company (LLC) is not a separate tax entity like a corporation; instead, it is what the IRS calls a "pass-through entity," like a partnership or sole proprietorship. The LLC itself does not pay federal income taxes, although some states impose an annual tax on LLCs.
How is a limited liability company (LLC) taxed?
A limited liability company (LLC) is not a separate tax entity like a corporation; instead, it is what the IRS calls a "pass-through entity," like a partnership or sole proprietorship. The LLC itself does not pay federal income taxes, although some states impose an annual tax on LLCs.
In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons.
What is a registered agent?
In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons.
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