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"S Corporation or LLC?" is a common question for new business
owners. I have several people call me each week asking this.
I always tell them the question is impossible to answer. And
here's why. An LLC is chameleon for income tax purposes.
Therefore, an LLC can be anything the owner or owners (who are
called members) want the LLC to be--including an S corporation.
An LLC
Read more . . .
There are several advantages to establishing a limited liability
company and many of these compensations revolve around the tax
advantages. A limited liability company if often sought as a
third alternative to forming a corporation or a partnership.
Many corporations are formed because they offer attractive
limits on the personal liability that the business may suffer
due to debts or liabilities. Partnerships don't offer the same
kind of
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Author's Note:This article is the third in a series by Tax ExpertWayne Davies on the advantages of incorporating your smallbusiness or self-employment activity. Article #1:It Can Happen To You:Why Any Sole Proprietorship Is A Risky Businesshttp://www.YouSaveOnTaxes.com/happen-to-you.txtArticle #2:How To Avoid Double The Trouble:Why A Partnership Can Be Twice As Dangeroushttp://www.YouSaveOnTaxes.com/double-the-trouble.txtArticle #3:Three's Company: How To Move From Unlimited Liabilityto Limited Liabilityhttp://www.YouSaveOnTaxes.com hree-is-company.txt------------------------------------------------------------For the
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Forming An LLC In California News Updates
The California Air Resources Board unanimously approved the new rules that require that one in seven of the new cars sold in the state in 2025 be an electric or other zero-emission vehicle.
Fri, 27 Jan 2012 12:42:32 -0800
Seeking to influence other states, California air regulators have passed sweeping auto emission standards.
Sun, 29 Jan 2012 02:13:52 -0800
SAN FRANCISCO — California air regulators passed sweeping auto emission standards Friday that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
Fri, 27 Jan 2012 13:12:19 -0800
Seeking to influence other states and Washington, California air regulators passed sweeping auto emission standards Friday that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
Fri, 27 Jan 2012 22:37:10 -0800
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