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21 hours ago · An LLC can elect to be treated as a S corp for tax purposes, but not vice versa. Because of the lower NYC tax rate, flexibility, and reduced corporate ...
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10 hours ago · The Schedule K-1 is the form that reports the amounts passed to each party with an interest in an entity, like a business partnership or an S corporation.
22 hours ago · Test Your Startup Law Knowledge. 1. What's the main benefit of forming a corporation or LLC? A) Tax savings B) Limited personal liability C) No paperwork D) ...
18 hours ago · The American Rescue Plan extends a number of critical tax benefits, particularly the Employee Retention Credit and Paid Leave Credit, to small businesses.
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20 hours ago · LLC's are for protection only! If you're trying to save on taxes, your typically looking for an S-Corporation! #business #finance #taxes #LLC #Scorp.
17 hours ago · Customer benefits include unlimited transactions with no fees, including free ATM withdrawals (it rebates any incurred surcharge) and bill pay. Pros & Cons.
8 hours ago · Associated Builders and Contractors (ABC) is a national trade association that advances and defends the principles of the merit shop in the construction ...