Category Archives: General

What Are the Benefits of an S Corporation?

When you are in the process of forming your business, there are many important questions you need to consider with regard to the structure you will select for your new company. Many business owners make the mistake of assuming that planning for and structuring a new company will be too time-consuming or costly, but this is not true. Furthermore, there are many advantages associated with choosing a business formation structure that meets your needs and supports your goals. One of the most important advantages of an S Corporation is the assets are protected. Other than situations where a shareholder personally signs for or makes an express personal guarantee, or where personal services are involved, shareholders are not generally personally responsible... Read More