Corporations
Learn the ins and outs of corporations, and get guidance on forming and managing your own.
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Overview of a Close Corporation
A close corporation is a type of corporation with a limited number of shareholders and typically more informal operations. Find out about this business entity and whether it's right for your small business.
· 3 min read
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How to Form a Corporation in 11 Steps
Starting your business is an exciting time. Knowing how to form a corporation will get your new business venture off to a good start.
· 13 min read
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Who Legally Owns a Corporation?
Corporations are owned by shareholders—but ownership may not be what you think. Learn more about who owns and controls a corporation at every level.
· 7 min read
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Can a Trust Own an S Corp?
Gain clarity on which types of trusts can own S corporation stock to ensure that the business retains its favorable tax status.
· 7 min read
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What Does Inc. Mean?
When you see "inc." after a company name mean and what does it tell you about the company? There are several abbreviations that companies include in their official titles.
· 3 min read
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What Is an S Corp Election?
If you choose to have your corporation taxed as an S corporation, or S corp, by the IRS, here's what you need to know.
· 3 min read
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Should You Convert Your LLC to a Corporation?
If your business goals are incompatible with the structure of an LLC, it might be time to consider converting into a corporation—but it's important to first weigh the implications of this new business structure on your operations and tax liability.
· 3 min read
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Can You Switch from an LLC to a Corporation?
Changing an LLC to an S-Corporation may offer tax and business advantages. It's also possible to file differently without changing entities.
· 4 min read
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Using a Subchapter S Corp. to Grow Your Business
Switching your business structure to an S corp. may help you attract new investors, obtain loans, and lower your taxes.
· 4 min read
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Ins and Outs: The Basics of Having an Outside Director
From offering outside perspective to expertise, there are many ways independent board members can be a boon for your business.
· 3 min read