Remove post pass-through-taxation
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Types of Business Entities: Pros, Cons, and How to Choose

Fundera

S-corporation: Incorporated business that is taxed as a pass-through entity. C-corporations face double taxation: The company pays taxes on the corporate tax return, and then shareholders pay taxes on dividends on their personal tax returns. There’s no corporate-level taxation for an S-corp. Cons of C-corporation.

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Types of Business Entities: Pros, Cons, and How to Choose

Fundera

C-corporations face double taxation: The company pays taxes on the corporate tax return, and then shareholders pay taxes on dividends on their personal tax returns. An S-corporation preserves the limited liability that comes with a C-corporation but is a pass-through entity for tax purposes. Cons of a C-corporation.

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The 15 Best Books on Tax Planning

Due

This blog post reviews the top 15 books on tax planning to help you optimize your tax situation, minimize your tax burden, and achieve your financial goals. As you flip through the pages, you can expect practical solutions, such as assessment quizzes, money-saving strategies, and possible pitfalls.

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California Freelancing: How AB5 can change the freelancing game?

Due

The AB5 bill establishes a three-part mechanism through which companies must test whether they use their workforce as employees or freelancers. Suppose a freelance content writer crafts blogs for a landscaping company. However, writing blogs doesn’t come under the ambit of the business. How can AB5 benefit freelancers?

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How to Start an Auto Repair Shop: A Comprehensive Guide

Lendio

If you’re not sure where to start with creating a business plan, there are plenty of resources available online to guide you through the process. Advantages – Limited liability, ability to raise capital through selling stocks, perpetual existence. Disadvantages – Complex setup and management, double taxation.

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How Does the Digital Era Impact Financial Literacy?

Due

These decisions include activities related to budgeting , investing, borrowing, tax planning, and taxation. Asset management: Managing assets digitally include dealing with online brokers, carrying out transactions through internet banking, counting on AI advisors, mobile trading, personal finance management, and trading crypto assets.