There isn’t a simple guide to follow because an LLC can take many different forms. Luckily, there are some aspects that every ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

Despite the potential for significant tax savings, only 4% of solopreneurs operate as an S Corp, while the majority default to sole proprietorships (69%) or LLCs (26%) . One of the simplest ways ...

If you’re a middle-class business owner, you could potentially qualify for a tax break by switching from an S-Corp to a C-Corp. “Since the [Section] 199A deduction hasn’t really kept up with ...