Tag Archives: Small Business Owners
The Basics of an S Corporation
When you are thinking of forming your business, you will probably hear about an S corporation and wonder how it differs from any other type of corporation. Unlike an LLC or partnership, an S Corporation is not its own unique type of entity. It is actually a type of tax election a small corporation… Read More »
Passing on the Family Business
In starting a small business, some people have a long-term goal of making it the family business and passing it on to their children or other heirs upon death. Passing on the family business to heirs can be a challenging thing depending on how the business is structured, and expensive depending on how much… Read More »