Author Archives: admin

The Difference Between S Corporations and C Corporations

| April 18, 2022

S corporations and C corporations’ business structures derive their names from the sections of the Internal Revenue Code under which they pay taxes. S corporations pay taxes under Subchapter S while C corporations pay taxes under Subchapter C. Common qualities of both S corporations and C corporations Structure: C corps and S corps have directors, officers, and shareholders. […]

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The Difference Between a Will and Inherited Trust From a Tax Stand Point

| April 4, 2022

When it comes to the death of a loved one, it can be difficult to understand what is going to take place with their property and how to count it when paying taxes. It’s difficult understanding the differences between a will and a trust. The difference between wills and trust from a tax standpoint varies from state […]

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