Business Entities: Nonprofit Corporations 101
Our business entities series has explored what it is like to form a limited liability company (LLC) and form a partnership. We’re shifting gears to discuss another popular entity formation: a nonprofit corporation. In this post, we will explore the following topics that pertain to…
Business Entities: Partnerships 101
As you’re starting a small business, you’ll need to decide what business entity works best for you. Learn everything you need to know about Business Entities: Partnerships here.
LLC 101 – What You Need to Know About Limited Liability Companies
What does it mean to form a limited liability company (LLC)? How do you know if this formation is right for your business? Many entrepreneurs have plenty of questions about LLC formations. If you decide to form an LLC for your business, it’s important to…
What is Double Taxation for C-Corps? The Exciting Secrets of Pass-Through Entities
When you hear about C-corporations (C-corps), you’ll almost always hear the words ‘double taxation’ in the same sentence – often punctuated with a shudder. But what exactly is double taxation, and why does it elicit such a negative response? Double taxation occurs when a C-corp…
What’s A Business Entity?
What is a business entity? Where do entities exist? What types of business entities are currently in existence? These answers, and more.
C Corporation Series Part Three: C Corp Comparisons
Over the last few months, we have defined C Corporations and what entrepreneurs need to know about registering as a C Corporation. As our series on C Corps draws to a close, there are still a few odds and ends left to cover about this…
C Corporation Series Part Two — How to Register as A C Corporation
Key Takeaways: To file as a C Corporation, you’ll need a business name and a filled out Form 1120. Depending on your state, you’ll also need to pay a filing fee and publish a notice of intent. You can learn state requirements on your Secretary…
C Corporation Series Part One — What Is A C Corp?
A few months ago, we introduced a three-part series to Guidant Financial all about Employer Identification Numbers (EINs). We’re bringing this series back with an in-depth look at the C Corporation entity. What are C Corps, how do you file as a C Corp, and…
6 Little-Known Advantages of C Corporations
C corporations, which are required for 401(k) business financing, have many benefits that make them the business entity of choice for some tax professionals, including a lowered corporate tax rate under the 2018 tax reform legislation. In the process of using your retirement funds to…