While personal and most corporate taxes are due each year on April 15, the S-Corp is a notable exception. I suppose the IRS probably wanted to stagger the paperwork a bit and so they chose the S-Corp to file a little early, figuring it would cause the least amount of burden on taxpayers since the …
Remember when you incorporated there was a step for entering the directors of your company? In that step (https://www.johnonbusiness.com/form-a-corporation-in-7-easy-steps/#Directors) you could list out the primary people at the head of your organization if you wanted to disclose it even though it wasn’t required. I said not to bother since you’d have to do it again …
It’s been about a month since you submitted your incorporation papers and today you received your official number and approval. Congratulations! You are now a CEO and a Chairman of the Board! If you’ve decided to be an S-Corp then one of your first orders of business should be to fill out the application and …
If you’re forming a C-Corp and don’t plan on having any employees or taking any money out of the business then I suppose technically you don’t need a Federal Employer Identification Number (EIN), but if you are forming an S-Corp or any company where you plan on pulling any money out then one of the …
Thirty years ago when I first started my business I didn’t even think about forming a corporation. The paperwork seemed daunting, the internet barely had any useful information on how to do it and the price to incorporate was a bit steep for a new company that hadn’t even billed for its first job yet. …
So you want to start a company and you’re not sure how to structure it. The internet is full of descriptions that make your head spin and plenty of comparisons but you still have no idea what’s best for your situation. Well read on and I’ll give you the real scoop based on experience. Choosing …