Business Planning

LLC vs S Corp: Which Tax Filing is best for your Small Business?

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January is the start of tax filing season, and for small businesses, this means sending out their W2s and 1099s and getting all their paperwork and receipts together to send over to their accountant. There is another issue for entrepreneurs to consider at the beginning of each year; which entity structure is best for tax […]

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Minimizing your Tax Burden: The Top 5 Most Tax Friendly States to Locate a Corporation

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When you incorporate a business, the federal corporate tax rate tops out at 35% (depending on the company’s taxable income). State and local corporate taxes can bring that number up close to 50% depending on which state you decide to incorporate in. If you are looking to keep your business tax burden to a minimum,

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