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S-Corps and New York
If you form a Limited Liability Company (LLC) which has elected to be taxed as a sub-chapter S or S-Corp or you form a corporation which has elected to be taxed as a sub-chapter S or S-Corp at the federal level, keep in mind the following as it relates to New York.
Business Entities
When starting a new business, small business owners need to consider the type of business entity to form.
New York’s LLC Publication Requirement
Did you know New York is one of three states that has an LLC Publication Requirement?
The Corporate Veil
Avoid co-mingling personal & business income and expenses or risk piercing the corporate veil.