What is an S Corporation?
There are several different types of corporations from which business owners can choose when they initially set up their business. One type of corporation is an S corporation. The …
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What is a C Corporation?
A C corporation is the most common type of corporation. The “C” refers to the subchapter of the Internal Revenue Code which explains the rules of taxation for this type of business …
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What steps are required to form a corporation?
A corporation is a legal entity with a corporate charter from a state. To form a corporation, the following simple steps are required: 1. Select a name for your business. State laws …
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Due Diligence in Business Mergers and Acquisitions
Business transactions often require that many people trust a few people to make important decisions about investing money, buying or selling businesses, or pieces of businesses, and other complicated matters. The law protects all of the people affected by the business decision by requiring those charged with making the decision to exercise due diligence. Due diligence is a legal …
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Buy Sell Agreements
People enter business ownership relationships with the hope that the relationship will continue for as long as the business operates. However, despite the excitement of a new business, it is important to be realistic. A co-owner may want to leave the business in the future and all of the business owners must protect themselves for that possible, or probable, occurrence. For example, …
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