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LLC Taxed as S Corp Disadvantages Explained

Free Legal Article5 min read
Learn the major disadvantages of an LLC taxed as an S corp, including ownership limits, compliance costs, and loss of flexibility in profit distribution. read more
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LLC Number of Owners: Rules and Options Explained

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LLC number of owners has no legal maximum. Learn how single- and multi-member LLCs work, ownership rules for spouses, and why operating agreements matter. read more
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What Happens When a Single-Member LLC Owner Dies: Your Essential Guide

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Learn what happens when a single-member LLC owner dies, including legal impacts, state rules, and succession planning to protect your business and heirs. read more
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Limited Company Structure Explained: Key Features and Setup

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Discover how a limited company structure works, its types, advantages, taxation, and compliance requirements to decide if it’s right for your business. read more
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Independent Contractor Salary: Hiring, Pay & Compliance

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Understand how independent contractor salary works, how to hire and pay contractors legally, and what makes their compensation different from employees. read more
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How to Incorporate Yourself Legally and Effectively

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Learn how to incorporate yourself to protect assets, lower taxes, and gain legal benefits. Explore steps, pros, cons, and business structure options. read more
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Importance of Company Law in Business Success

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Discover the importance of company law in business success, from corporate governance and compliance to legal protections and operational efficiency. read more
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How to Find a Company's Date of Incorporation?

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Learn how to find the date of incorporation of a company through state websites, online databases, and company records. Ensure legal and financial accuracy. read more
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Comprehensive LLC Bookkeeping: From Basics to Best Practices

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Master LLC bookkeeping with clear steps, tax options, and best practices. Learn how to maintain financial health and ensure compliance for your LLC. read more
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Corporation Lifespan: How Long a Corporation Can Exist

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Learn how the corporation lifespan is determined, extended, or ended, and what factors affect a business's long-term survival and dissolution. read more
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