Tag: S Corporation

Guest Author Steven Enwright: Choosing the right corporate structure for your business

Selecting a type of business entity is often the first step in the business establishment process. The choice is often dictated by the short and long term goals of the owners and the eventual operation plan for the business. The...

IRS issues final regulations under section 199A (20% deduction)

The U.S. Department of the Treasury has issued final regulations and other guidance on a substantial provision of the Tax Cuts and Jobs Act, which allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20...

Choice of entity considerations: LLC or Corporation?

Are you considering whether to set up your company as an LLC or corporation? Here are few insights to help you make your decision. As a practical matter, the protection for LLCs might be stronger than that for corporations. While...