We are sometimes asked to form a limited liability company for a new North Carolina business that wants to be taxed like an S-corporation.  Yes, we can do that, but why?

Martin Luther King Day has become a day of service for many communities and individuals.  It made me think: what are businesses doing to give back? One strong Triangle trend is social entrepreneurship and its related focus on the triple bottom line.  

A recent blog at The Entrepreneurial Mind discussed  when extreme bootstrapped startups need to spend money on their first big-ticket items: office space and employees.  While I appreciate a controlled burn rate and spending as much as anyone,  entrepreneurs who are most likely to succeed establish relationships with their business attorney, CPA, banker, and commercial [...]

Anyone who is at all active in the Triangle business community knows we are a breeding ground for social enterprise – companies that are formed to achieve a social purpose as well as make a living for the founders.  Social entrepreneurs have two cutting edge resources to available to them in North Carolina  — the [...]

The final entity we will explore is the corporation. Today we will look closely at C-corporations and we will discuss the S-corp in detail another day.

We continue our tour of entities with the limited liability company (LLC).