S-Corporations Explained: Benefits, Tax Rules, and How to Become One What Is an S-Corporation? An S-corporation (S-corp) is a tax designation that allows eligible businesses to pass corporate income, losses, deductions, and credits directly to members or shareholders for federal tax purposes. Unlike traditional corporations, S-corps generally avoid double taxation while still offering liability protection. [...]
Understanding C-Corporations in Business Law Choosing the right business structure is one of the most important legal decisions you’ll make as an entrepreneur. A C-corporation (C-corp) is a popular option for businesses seeking growth, investment opportunities, and strong liability protection. In this guide, we break down everything you need to know about C-corporations, including advantages, [...]
14 Years Strong: 14 Reasons to Hire Connor & Connor PLLC This year marks 14 years of Connor & Connor PLLC serving clients with dedication, strategy, and results. Reaching this milestone is more than an anniversary, it reflects years of trust, hard work, and standing beside businesses and individuals when it matters most. As we [...]
What Happens When a Business Partner Wants Out? Legal Options for Business Owners When you start a business with a partner, it’s usually with optimism and shared goals, but sometimes circumstances change. A partner may want to retire, pursue another opportunity, or exit due to a conflict. When a business partner wants out, how you [...]
Things to Know When Starting a Business Starting a business can be very exciting, but it’s also can be risky. There are key steps to take when starting a business to help provide the legal framework and protections for the business. Laying the right foundation early can minimize costly mistakes. Here are some important considerations [...]
