Buying and selling real estate in a corporation gives you limited liability against lawsuits. This makes the corporation responsible for paying any judgments or settlements. In addition, your personal ...
Your nonprofit company reports the money you pay your employees on their W-2 forms. If you pay at least $600 to a non-employee during the tax year, you report it to them and the IRS on Form 1099-NEC.
Opinions expressed by Entrepreneur contributors are their own. Q: Someone told me that having an S corp has many advantages as well as disadvantages. Can you explain to me exactly what this type of ...
A professional corporation is a variation of the corporate form available to entrepreneurs who provide professional services—such as doctors, lawyers, accountants, consultants, and architects.
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