A friend and I started a c-corp in 2017 for which we filed taxes the following year (State and Fed income tax was paid in full). There were never any salaries paid or employees. We had some small success, but due to poor management and personality differences, we decided to stop doing business...
This is an interesting scenario where I would like some advice on whether to incorporate, and if so, as what, given a complicated scenario.
A group of students (the 'old students') submitted work to an academic/research competition and won an amount of money. There is a also a group of 'new...
What is a corporation and why do people choose to file them instead of a partnership or a simple sole proprietorship? This article will give you a basic primer on corporations and understand what they are, why they are desirable and what is required to incorporate your business.
What is a...