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Tricky Corporate Terminology Tripping You Up?

By admin Posted on August 29, 2012 Posted in Start a Business No Comments Tagged with business license, C-Corporation, corporate definitions, corporate minutes, corporate terminology, double taxation, Incorporate, Limited Liability Company, LLC, notarized signature, notary, notary public, organize

What the heck is an operating agreement? What’s the difference between a member and a manager? What is double taxation, and how can I avoid it? Corporate terminology can be tricky, but it’s important that you understand all the lingo …

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Pros and Cons of Starting an LLC

By admin Posted on April 26, 2011 Posted in Start a Business No Comments Tagged with corporate veil, double taxation, forming an llc, Limited Liability Company, LLC, pros and cons, small business tax, starting an llc, tax package

As the name suggests, an LLC is a limited liability company, and those companies forming under the umbrella of this type of organization are afforded limited liability. This company design helps to keep the personal liability of a business owner …

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Tag: double taxation

Tricky Corporate Terminology Tripping You Up?

Pros and Cons of Starting an LLC