LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Not much, really. While the entity’s form and structure morph to an LLC, the rights and liabilities of the entity are generally unaffected. Under California’s statutes governing the conversion of an ...

Sometimes, an accountant’s error is open for all the world to see, as in the wrong envelope handed over by the PwC accountant at the Oscars on Sunday night. At ...

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

Whether you, and your business associates, are forming a local coffee shop or the next big Silicon Valley tech company, most entrepreneurs will have to decide on the type of operating entity that they ...

As an accounting professional, you know there are potential tax-related upsides and downsides for every type of business entity. It’s important to communicate those considerations to your clients to ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...

Every day, we see clients choosing to incorporate a company limited by shares, often just referred to as a company. A Bermuda company is a well-established choice for those looking to form businesses, ...