WHAT IS AN S CORP AND IS IT RIGHT FOR YOUR BUSINESS? An S corporation is established under state law. To be an S Corporation, the entity must qualify under Subchapter S of the Internal Revenue Code. These Code sections provide that the S Corporation is not taxed as a corporation for federal income tax
Who will manage your everyday affairs, such as paying the bills, if you cannot do so? In cases of illness or injury, many people assume that a spouse or child can take over for them. Unfortunately, this is not the case. When an individual is stricken with a severe illness or an injury leaving him
1. An Overview of Trademarks a. A trademark is a designation given to a product or service to indicate the source of the product or service. In choosing a trademark, the owner must choose a name that is distinct and unique and will be solely associated with the owner’s goods or services. For example, EXXON
