UBC Law Review

UBC Law Review

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Posts filed under s-corp

Timing an S Corporation Election

Deciding to operate a business as an S corporation is usually a pretty simple decision to make because S status often saves a business thousands of dollars in taxes a year. Unfortunately, business owners often find the S corp timing rules confusing. The basic rule– elect by day fifteen of month three–only sounds simple. Determining… (read more)

LLC Vs S Corp Vs C Corp

When you start any kind of business, you will have to think about the type of business structure that will be right for you. There are three typical forms of incorporating. You can look for example at an LLC vs S Corp and decide from there how your business will work best. Let’s look at… (read more)

C-Corp, S-Corp, LLC? 5 Common Questions Answered

So you want your own business. Or, you have been doing business under a certain name but have not yet incorporated. Often even the savviest entrepreneurs do not understand the basics of setting up a corporation. This article is a quick reference guide to some of the differences in protection, setup and maintenance of a… (read more)