An S Corp guide to ownership requirements and restrictions.
Sep 05, 2019
S Corps have been around since the 1950s, and are a popular way many small, mid-size and even large businesses, choose to legally structure their business organizations. However, a great deal of confu...
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What are the 3 main differences, between an S-Corporation and a General Partnership?
Sep 05, 2019
There are a lot of differences, between an S-Corp. and a General Partnership. This article gives a broad overview of the 3 main differences, between 2 ways to legally structure a business organization...
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What are the similarities between S-Corps and General Partnerships?
Aug 25, 2019
S Corporations and General Partnerships possess the following 3 similar traits: 1. They both receive pass through tax treatment, for federal tax purposes. This means that both S Corps and General Part...
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What are the relevant facts per IRC 704(b) property distributions to partners, for tax purposes?
Aug 25, 2019
The most relevant facts are: Is there substantial economic effect? Is there economic effect? Is that effect substantial? Do the facts and circumstances support, that the taxpayer participated in the a...
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A Guide to a Federal Employer Identification Number (commonly known as EIN)?
Apr 29, 2019
One of the biggest issues, when dealing with new businesses, start ups and entity structuring, revolve around Federal Employer Identification Numbers (commonly referred to as FEINs, or more simply as ...
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