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Subchapter S Corporations—What Are They and What Are the Benefits?

May 28, 2025 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Subchapter S Corporations img

What Is Unique About a Subchapter S Corporation | Are There Restrictions on a Subchapter S Corporation? When you're starting a new business enterprise, one of the most important decisions you'll make will have to do with the legal form your business ...

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Filed Under: Business Formation

Factors to Consider When Choosing Your Business Form

April 22, 2025 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Factors to Consider When Choosing Your Business Form

Sole Proprietorships | Partnerships | Limited Liability Companies | Corporations Starting a new business enterprise is often complicated. You need to identify a focus, put together a business plan, secure financing, and put legal measures in place ...

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Filed Under: Business Formation

Can You Lose the Protection Against Liability That a Corporation Provides?

March 26, 2025 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Can You Lose the Protection Against Liability

Is the Protection Against Liability Absolute? If Not, When Can It Be Lost? When you’re starting a new business enterprise and considering the different business structures available, one of the most attractive attributes of a corporation is the ...

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Filed Under: Business Formation

The Benefits and Challenges of Setting Up a Business as a Partnership

January 24, 2025 by Sandra Ighalo - Tax Attorney & Business Law Counsel

The Benefits and Challenges of Setting Up a Business as a Partnership

Reasons Why You May or May Not Want to Enter a Partnership The concept of a business partnership has been around for thousands of years. In fact, the Code of Hammurabi, one of the earliest known sets of laws, provided guidelines for the ...

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Filed Under: Business Formation

Choosing Between a Limited Liability Company (LLC) and a Subchapter S Corporation

December 18, 2024 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Choosing Between a Limited Liability Company (LLC) and a Subchapter S Corporation

The Advantages and Disadvantages of Each Business Form When you're starting a new business enterprise, one of the most important decisions you'll need to make involves the legal form of your company. For many small businesses in particular, that's ...

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Filed Under: Business Formation

Subchapter S Corporations

October 21, 2021 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Subchapter S Corporations

How Do You Qualify for Subchapter S Treatment? What Are the Benefits? When you're establishing a new commercial enterprise, one of the most important steps is the selection of formation of the appropriate legal structure. Among the options for small ...

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Filed Under: Business Formation

Setting Up an S Corporation

April 7, 2021 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Setting Up an S Corporation

Necessary Steps to Protect Your Enterprise An S corporation can provide a number of benefits to a startup business: You can limit liability to the amount of your investment. You can avoid taxation at the corporate level. Ownership can typically ...

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Filed Under: Business Formation

Choosing Between a Corporate Structure and a Limited Liability Company

October 7, 2020 by Sandra Ighalo - Tax Attorney & Business Law Counsel

The Advantages and Disadvantages of the Different Legal Entities When you're planning to launch a new business enterprise, one of the first and most important decisions you must make is the type of legal structure to select. If you want to protect ...

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Filed Under: Business Formation

Shareholder Agreements—An Introduction

March 23, 2020 by Sandra Ighalo - Tax Attorney & Business Law Counsel

The Purpose of a Shareholder Agreement | The Important Provisions of a Shareholder Agreement When you're setting up a new business enterprise, it can be easy, in the excitement of the moment, to assume that you'll always get along with everyone ...

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Filed Under: Business Documents, Business Formation

The Advantages and Disadvantages of Forming a Business Partnership

September 6, 2019 by Sandra Ighalo - Tax Attorney & Business Law Counsel

Forming a Business Partnership

Choosing the Right Form for Your Business Venture If you're planning on starting a new business enterprise, one of the most important decisions you'll have to make involves the choice of business entity. In many respects, a partnership can be one ...

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Filed Under: Business Formation, Business Law

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