Here is Part II of my answers to top ten questions I get asked by a clients or a colleagues. 6. I understand that if I organize my business as an LLC, I will not be able to provide my employees with options or some other form of equity participation. Is that correct? No. LLCs [...]
As I have practiced over the years, I have heard some of the same questions over and over again from both colleagues and clients relating to business entities; that is, how do they differ and why when to use one type of entity over another. Here are some answers to top ten questions I get [...]
Ask yourself if you really want to depend on the IRS’s good graces and discretion to reinstate your S-status.
When starting a business the legal form you choose will have a significant impact on how your company will run, be taxed and protect you from liability.