LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from our ...

What is an S corporation? An S corporation is a legal entity used to form and operate a business, and which offers the benefit of “pass through” taxation. Either an “Articles of Incorporation” or ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...