Now Is the Time: Converting a C Corporation to an S Corporation or LLC
EXECUTIVE SUMMARY Current historically low tax rates, scheduled to expire at the end of 2012, plus correspondingly low values for assets like real estate caused by the recession, make converting C...
View ArticleWhy Not An LLC?
Limited liability companies are increasingly the entity of choice for new businesses of fewer than 50 employees. Appropriately so, for LLCs offer great flexibility and many advantages. However, an...
View ArticleTax group releases state-by-state rankings
A string of low-tax states top the list for best business climates in the country, according to a new study from the Tax Foundation. Wyoming, South Dakota, Nevada, Alaska and Florida have the top five...
View ArticleWhen does it make sense to put property in LLC?
Q: I recently purchased a rental property in Illinois. The title is held jointly by my wife and me. We got an investment mortgage for 80 percent of the value of the property. I have set up an LLC and...
View ArticleProtect real estate investments with an LLC
You’ve got things flipped around a little here. If you’re a business owner, a limited liability company, or LLC, structure can protect your home and other personal assets from court judgments. But the...
View ArticleHow Families Can Invest Together with an LLC
One of the best uses of a limited liability company is as a vehicle for families to pool their money together to invest alongside one another. The benefits of a family pooling their money through a...
View ArticleLimited Liability Companies for Beginners
Over the past fifteen years, limited liability companies have become one of the most popular ways for investors to structure their holdings, beating out limited partnerships. From families that pool...
View ArticleLimited Liability Company 101
As a business owner, you will be faced with many important decisions, including what business structure to use in your company formation. While many countries allow the typical structures of...
View ArticleInvesting in Real Estate? Consider an LLC
Creating an LLC can save rental property owners a great deal of money and headache, provided that the owners take proper precautions. For more information, read the following article from JD Supra by...
View ArticleWhat are the tax implications in California between an LLC and a Corporation?
It’s probably best to understand the difference between LLC, S Corporation and C Corporation first before we can sort out the tax implications between LLC and Corporation. There are two legal business...
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