A C-corporation is a tax term referring to one of two ways a corporation can be taxed.
This post will attempt to answer answer two questions: what is a B-corp, and how are they taxed.
Can a corporation use a spreadsheet instead of a traditional general ledger to keep the corporate books? There are certainly corporations that think they can. I know many of my tax and accounting brethren are shouting “NO!” In response to this question. My answer is more on the fence. It depends on what your corporation is up to.
This series on choosing a business entity started last June and covered 10 parts. Here’s a listing, with links, of all the parts in this series.
There’s no magical checklist for deciding on a business entity. But here are a few considerations.
This is an excerpt from a presentation I give to college students and to prospective entrepreneurs about types of business entities. A college professor (who’s also an attorney) told me that my presentation on this subject is the best, clearest and most-concise overview of the topic that she’s ever seen. I’m flattered by the compliment, […]
For people unfamiliar with tax law the terms S-corporation and C-corporation can be confusing. Here’s the best way to look at what these terms mean.
S-corporation is a tax term that refers to a corporation or an LLC that elects to be taxed under the rules of Subchapter S of the Internal Revenue Code.
The federal due date for partnership and corporate tax returns has changed, but the Iowa due date has not.