Entrepreneurs are opening businesses everywhere. Image: Small Business Administration. Starting a business is exciting, but it comes with all kinds of decisions to make. On the tax front, many ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

Changing a regular corporation, or C corporation, to an S corporation requires you to make a tax election with the Internal Revenue Service that places the corporation under the tax provisions of ...