S corporations are a unique business form. Named after Subchapter S of Chapter 1 of the Internal Revenue Code, these corporations mix the benefits of a partnership with the benefits of being a corporation to create a flexible business. Here are a few quick facts about the S Corporation. For example, there usually is no...Read More
Whether it is an established firm or a budding enterprise looking to bring on additional help, a business needs to consider how its workers will be classified. Worker classification is important when determining if it is the duty of an employer to withhold and pay Social Security, Medicare, unemployment tax, and state taxes from wages...Read More