An S corp and C corp share a number of similarities. They are both types of corporations recognized by the IRS. They can also both raise funds by issuing stock to shareholders. However ...

Similar to S corps, personal guarantees signed on behalf of a C corp by the owner don’t increase their basis in the company. But, with other funding options available for C corps, it’s much ...

Although many view S corporations (S corp) and C corporations (C corp) as very different from each other, that isn’t fully accurate. In the eyes of most states, they’re basically the same thing.

Notably, an LLC can opt for S-corp classification for tax purposes. Therefore, it’s essential to compare LLC vs. S-corp options when forming your business or reaching a certain profitability level.

Can you deduct S Corp losses? It is not possible for taxpayers to deduct losses and deductions from S corporations if their stock and debt basis in the corporation exceed the sum of those two bases.

Work out a proposed household budget by inputting your sources of income and projected expenses into Kiplinger's exclusive worksheet below. You can add and delete rows as necessary to reflect your ...

Employees in Kohl's Corp.'s credit and customer service departments have been told their jobs are changing or being ...

It's been almost ten years since Congress decided to make most home sale profits tax-free. When the law changed in 1997, most tax advisers thought it would be safe for most homeowners to stop ...

We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished ...

Profit is the signal from the marketplace that corporations are using society’s resources well. Corporate management are ...