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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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Nonprofit Incorporation and Tax Advantage

By admin Posted on April 5, 2011 Posted in Business Finance, Doing Business No Comments Tagged with 501c3, asset protection, forming a nonprofit, nonprofit company, Nonprofit Corporation, nonprofit incorporation, nonprofit incorporations, nonprofit organization, perpetual existence, property taxes, small business tax package, tax deductible, tax exempt, tax package

Corporations involved in areas like education, scientific research, religion, or charity can apply for a special type of nonprofit business incorporation. Such incorporation provides limited liability to the members of management. Forming a nonprofit company helps in its legal protection …

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Pros and Cons of Starting an LLC

Nonprofit Incorporation and Tax Advantage