What is Entity Management?

What is Entity Management?

If you have a business that is growing, you may be thinking about adding an entity. Also known as a subsidiary, companies will add multiple entities for various reasons. However, it is important that you have an entity management plan in place. Companies without...
2 Legal Tips for Forming an LLC

2 Legal Tips for Forming an LLC

The term LLC stands for “limited liability company.” As the name suggests, there are definite legal and financial benefits to forming an LLC. However, creating a new LLC must be done properly in order for your business to remain compliant with federal and...
2 Signs It’s Time to Form an S-Corp

2 Signs It’s Time to Form an S-Corp

If you hate paying corporate income taxes and then paying personal income taxes on business profits, now may be the right time for you to form an S-Corp.  However, there are consequences, such as IRS scrutiny, that you must consider carefully before you make the...