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Can a Professional Corporation be Taxed as an S Corp?
Jan. 23, 2020
When a professional corporation is successfully formed, the C Corp is oftentimes the default, but certain P.C.s may elect S Corp status.
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- Small Business
![Can a Professional Corporation be Taxed as an S Corp?]()
Can a Professional Corporation be Taxed as an S Corp?
When a professional corporation is successfully formed, the C Corp is oftentimes the default, but certain P.C.s may elect S Corp status.
Jan. 23, 2020 - Small Business
![Who Should Form a Professional Corporation?]()
Who Should Form a Professional Corporation?
While almost any type of business can form a corporation, only certain businesses can form professional corporations. Here's who should form a P.C.
Jan. 16, 2020 - Professional Corp/LLCs
![What is a Professional Association?]()
What is a Professional Association?
The three major categories of professional entities are professional corporations (PCs), professional LLCs (PLLCs), and professional associations.
Jan. 15, 2020 - Professional Corp/LLCs
![PLLC vs. Professional Corporation: What’s the Difference?]()
PLLC vs. Professional Corporation: What’s the Difference?
Professional LLCs (PLLCs) and professional corporations are two types of business entities for professionals. Here are the differences.
Jan. 14, 2020 - Professional Corp/LLCs
![Special Requirements for Professional Corporations]()
Special Requirements for Professional Corporations
Individuals that belong to “professional” occupations generally cannot form the traditional corporations, but professional entities instead.
Jan. 14, 2020 - Small Business
![5 Things to Know before Forming your Professional Entity]()
5 Things to Know before Forming your Professional Entity
The rules for incorporating are slightly different for “professional” occupations, than for other types of companies. Here's what you need to know.
Jan. 14, 2020 - Small Business
![How to Pay Yourself as a Business Owner]()
How to Pay Yourself as a Business Owner
Although it seems easy to misrepresent your shareholder income, the IRS invests a lot of manpower in reviewing returns to ensure accuracy.
Nov. 21, 2019 - Small Business
![The Tax Advantages of S Corps: Can My Business Really Save $15,000 per Year?]()
The Tax Advantages of S Corps: Can My Business Really Save $15,000 per Year?
Many business owners are astounded when they hear about the potential tax savings associated with S Corps. Here's what you need to know.
Nov. 14, 2019 - Small Business
![Can I Turn my LLC into an S Corp?]()
Can I Turn my LLC into an S Corp?
The short answer: usually yes. In-fact, this is rather common for today’s small businesses, as the tax benefits with S Corps are hard to ignore.
Nov. 5, 2019
