by Joan Buchman Miller | Nov 8, 2021 | Accounting, C Corporation, LLC, S Corporation
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company... 
by Joan Buchman Miller | Aug 16, 2021 | Accounting, C Corporation, tax planning
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax consequences. If your corporation defaults... 
by Joan Buchman Miller | Jul 26, 2021 | C Corporation, tax planning
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being nondeductible both by an officer and the corporation unless proper steps are taken. This issue is more likely to arise in... 
by Joan Buchman Miller | Feb 6, 2017 | C Corporation, tax planning
Is a C corporation the best entity for your business? What are some of the major advantages and disadvantages of doing business as a C corporation? A C corporation allows the business to be treated and taxed as a separate entity from the owners. A properly structured...