The LLC, S-Corp, or iCorp question is one of essential importance: Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees. Make the wrong decision, and you'll be throwing away money to Uncle Sam; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets. Find the following, explained in plain-English with no legal jargon: The basics of sole proprietorship, partnership, LLC, S-Corp, and iCorp taxation. How to protect your personal assets from lawsuits against your business. When the protection offered by an LLC will work. (And more importantly, when it will not ) Which business structures could reduce your Federal income tax or Self-Employment Tax. Which structures can reduce your chances of getting audited. Why LLCs are so popular recently (and why-perhaps-they shouldn't be).
Designed with the AICPA model tax curriculum in mind, this text presents the advanced federal taxation course from a business entity perspective.
This book from CCH provides a comprehensive single source for law, legal and procedural analysis, as well as useful compliance and planning tips. It's essential for CPAs, tax attorneys and corporate tax departments.
Taxation of Business Entities
... I. Osterdahl, “The ECJ and Soft Law: Who's Afraid of the EU Fundamental Rights Charter?”, in Mtirth 2004, pp. 37-60, at p. 58. This Code of Conduct on public access to Commission and Council documents (93/730/EC; OJ 1993, ...
Taxation of Business Entities
McGraw-Hill's Taxation of Business Entities