An S corporation is sort of a hybrid between a regular corporation, called a C corporation, and a sole proprietorship or partnership. Unlike a regular corporation an S corporation’s income “passes through” the business and into yours. Meaning it is taxed on the shareholder’s Form 1040 at their personal tax rate and is [...]
Guide to finance companies
Finance Companies come in a variety of forms, under different names and performing a range of financial duties.
In these modern times you come into contact with finance companies almost on a daily basis. Many of these prefer to be called financial institutions. As such we [...]
The Wall Street Journal is a good place to start if you want to get a good financial education. At $99 a year, which is pretty much a standard offer I recieve by snail mail and e-mail, it is cheaper than the local newspaper. The front page contains a digest of current news from around [...]
Finance is the management of assets. Generally, the field of finance involves managing investments.
If you enjoy finance and want to further your business education and raise your salary, you may want to try a Master of Finance. While an MBA focuses on management skills, a Master of Finance will teach you about the technical and [...]
The differences in the tax implications of the corporation and LLC are complex when read from the Internal Revenue Code, but are understandable nonetheless. The choice between these two entities is ultimately the choice that determines how your company will exist and pay taxes in the world.
First time small business owners often dread the [...]