Latest Articles from Jeramie Fortenberry
-
Tax Consequences of Distributions from S Corporations
The tax consequences of distributions from S corporations are intended to tax S corporation income only once, when it is earned.
-
What is an S Corporation?
An S corporation is a corporation that is not taxed separately from its owners.
-
Tax Consequences of Distributions from C Corporations
The tax consequences of distributions from C corporation depends on the type of the distribution. Distributions are taxable to the shareholder.
-
Tax Consequences of Contributions to S Corporations
The tax consequences of contributions to S corporations are similar to the rules governing C corporations.
-
Tax Consequences of Contributions to C Corporations
The tax consequences of contributions to C corporations depends on whether the contribution meets the Internal Revenue Code’s strict requirements.
-
What is a C Corporation?
Learn about the rules that apply to corporation that is taxed separately from its owners under Subchapter C of Chapter 1 of the Internal Revenue Code.
-
Sole Proprietorship
A sole proprietorship is a type of business that is managed by one individual. There is no distinction between the business and the owner.
-
Why LLCs Are the Right Choice for Most New Businesses
Compared to corporations, limited liability companies (LLCs) usually accomplish the founders’ goals in the most tax-efficient manner.
-
Corporation or LLC? Start with the Purpose
Should you form a corporation or an LLC? Find out how to make the choice-of-entity decision and the pros and cons of each option.
-
Tax Consequences of Contributions to LLCs and Partnerships
No gain or loss is recognized by a partnership or any of its partners as a result of a contribution of property by a partner to the partnership in exchange for a partnership interest.
