Entity/Structure

Entity Choice

Five Advantages to Incorporating Your Business

Should You Incorporate Your Business?

What Are Some of the Benefits of Incorporating Myself?
Most business owners who incorporate are seeking limited liability.

What Are the Benefits of Converting To An S Corporation?
The most common benefits are limited liability, reduction of self-employment tax, and no double tax on profits.

Should my real estate franchise be an S Corporation?
There are many differences in the rules under which S Corporations must operate that do not affect LLCs. Following is a partial list. 

S Corps

Must an S Corporation Pay Wages to Its Shareholders?
If you treat the officers as employees for employment tax purposes, then, yes, you must pay the officers a wage. 

Dissolution

How can I dissolve a California corporation?
You should file corporate resolutions dissolving the corporation with the Secretary of State and complete Form 3555 Request for a Tax Clearance certificate with the Franchise Tax Board. 

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