LLC or S Corp: What’s the Best Way to Pay Yourself?
| |

LLC or S Corp: What’s the Best Way to Pay Yourself?

ByMario Cazombo

Fact checked by Betsy Petrick VioletaStoimenova/Getty Images If you operate a business where you’re responsible for paying yourself, you’ll probably have to choose between two business structures: a limited liability company (LLC) and an S corporation. These are both considered to be pass-through entities, meaning they pass the business’s profit or loss through to the…

| |

Small Business Employee Gifts: Tax Rules and Other Considerations

ByMario Cazombo

Some gifts are taxable; others aren’t Fact checked by Vikki VelasquezReviewed by David Kindness As a small business owner, you may want to reward your employees with a gift for a holiday or on other special occasions. Before you do, however, you’ll do yourself and your business a favor if you acquaint yourself with the…