Sweat equity and the S corporation

Sweat equity—in the form of valuable services—is a time-honored way to contribute capital to an S corporation. But be sure all agree on its actual value.

Find out more about Business Accounting with LZ Books

Belle Wong, J.D.

by Belle Wong, J.D.

Belle Wong, is a freelance writer specializing in small business, personal finance, banking, and tech/SAAS. She ...

Read more...

Contents

Updated on: October 27, 2023 · 4min read


Twitter logoFacebook logoLinkedIn logoReddit logo
This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

You may also like

Starting a Business

What does 'inc.' mean in a company name?

'Inc.' in a company name means the business is incorporated, but what does that entail, exactly? Here's everything you need to know about incorporating your business.

October 9, 2023 · 10min read

Starting Your LLC

How to get an LLC and start a limited liability company

Considering an LLC for your business? The application process isn't complicated, but to apply for an LLC, you'll have to do some homework first.

March 21, 2024 · 11min read

Power of Attorney

What is a power of attorney (POA)? A comprehensive guide

Setting up a power of attorney to make your decisions when you can't is a smart thing to do because you never know when you'll need help from someone you trust.

February 8, 2024 · 15min read