Q:What are the advantages to a Corporation? A: There are several advantages to organizing your business as a formal corporation. A corporation is a separate legal entity that is distinct from its individual …
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Q:What are the advantages to a Sole Proprietorship? A: A sole proprietorship is a business that is owned by an individual and that is not formed pursuant to any special legal construct, such as a limited liability …
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Q:What is an S Corporation? A: There are several different types of corporations from which business owners can choose when they initially set up their business. One type of corporation is an …
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Q:What is a C Corporation? A: A C corporation is the most common type of corporation. The “C” refers to the subchapter of the Internal Revenue Code which explains the rules of …
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