Say the word “corporation” to the average person and they’ll probably make the association of a substantial business: office buildings, boardrooms, stock deals, factories, an army of employees, and so on. In making that association it may never occur to someone who owns a business, no matter how small, whether already up and running or still in the planning stages,…
Tag: Entity
Business Entities A Quick Guide
Business entities comes in so many types that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The shares of the corporation may…
California Limited Liability Company An Overview
Many people are surprised to learn that the LLC business entity is a fairly recent phenomenon. Wyoming was the first state to legislate the creation of LLCs in 1977. Most states didn’t jump on the LLC bandwagon until 1988 when the IRS classified the LLC as a pass through entity for tax purposes. This ruling turned LLCs into the popular…
Free Income Preparation Tax Software In The Internet
An income tax is a financial charge imposed on the financial income of entities like persons and corporations. In short, any legal entity who has a value can be taxed which somehow makes sense. To see it in a positive light is to view tax as a contribution to society. You give offerings and tithings to respective churches so why…
3 Reasons To Form A Legal Entity Structuring Your E Biz The Smart Way
Like many other E-Biz owners, you may not feel inclined to structure your online business as a legal entity. Maybe you argue that your business is too small or that you only sell on eBay. Or perhaps you feel the process is too expensive. But the real question isn’t the size of your business, or how much it’s worth. The…
Html Character Entities Problems For Rss Readers
It appears that HTML entities can cause RSS/syndication readers to fail when trying to read WordPress comment RSS feeds. Fortunately, a plugin has been written to resolve the issue. Entity 2NCR has a confusing name, but has a purpose that is easy to understand which is to convert various HTML Character Entities to their numeric equivalents. HTML Explained The Hypertext…
Forming A Business Entity Why Size Doesn T Matter
Say the word “corporation” to the average person and they’ll probably make the association of a substantial business: office buildings, boardrooms, stock deals, factories, an army of employees, and so on. In making that association it may never occur to someone who owns a business, no matter how small, whether already up and running or still in the planning stages,…
California Limited Liability Company An Overview
Many people are surprised to learn that the LLC business entity is a fairly recent phenomenon. Wyoming was the first state to legislate the creation of LLCs in 1977. Most states didn’t jump on the LLC bandwagon until 1988 when the IRS classified the LLC as a pass through entity for tax purposes. This ruling turned LLCs into the popular…