business law

An S corporation offers the benefits and removes some of the drawbacks of incorporation. Discover what makes this option so attractive to many small businesses. Your business structure determines how much you pay in taxes and what creditors can come after. Your ability to raise capital depends largely on how you set up your company. […]

Is a sole proprietorship right for you? Learn about the advantages and disadvantages and what to consider when establishing this type of business ownership. Business Basics: How Sole Proprietorships Work There are more than 32 million businesses in the United States and over 75 percent of them don’t have any employees, according to the U.S. […]

The FEIN acts as a taxpayer ID number for your company. Find out whether your LLC needs to get a Federal Employer Identification Number (FEIN) and how to do it. The Internal Revenue Service (IRS) assesses and collects taxes from both individuals and businesses. When people pay their taxes, the IRS identifies them by their Social […]

Choosing a lawyer can be tricky for business owners, but they’re necessary for maintaining proper business operations. Learn about what business lawyers do for their clients. Starting a small business seems fairly straightforward: Open up shop, advertise your products or goods and hire employees as things get busier. But the nuances of operating a business […]