Results for: Can_a_Limited_Liability_Corporation_function_without_insurance_and_have_some_sort_of_contract_signed_by_its_client_in_its_place_to_protect_the_Corporation

In Financial Statements

How do you calculate corporate tax liability?

The Talley corporation had a taxable income of $365,000 from operations after all operating costs but before 1. interest charges of $50,000, 2. dividends received of $15,000, (MORE)
In Business & Finance

Do Limited Liability Corporations need to publish their business to the public?

Depends on the laws of the state to which the LLC is being formed. I know for a fact California and New York require publications of intent to file and LLC with two approve (MORE)
In Child Support

If you own a Limited Liability Corporation do you pay child support?

If you have been ordered to pay child support, it does not matter where that income comes from. In Texas, when determining child support, if a judge determines that you are un (MORE)
In Incorporation

What is limited Liability of corporations?

The maximum liability of the owners - stockholders - of a corporation is the amount they invest in it. They are not liable for any of the debts of the corporation even if the (MORE)
In Taxes and Tax Preparation

What limits are placed on the selection of a tax year of an S corporation?

Usually the same as the shareholder holder calender year or other wise. Go to the IRS.gov website and use the search box for S-corp S Corporations irs.gov/businesses/s (MORE)
In Small Business Loans

Can a corporation have personal liability?

Yes. Generally, when an individual creates a corporation they then shield themselves from personal liability. However, if directors, officers or shareholders engage in any sor (MORE)
In Small Business and Entrepreneurship

How would you describe a limited-liability corporation?

There is no such thing as a 'limited-liability corporation'. A 'limited liability company' is an unincorporated organization that is treated as a separate entity from the memb (MORE)
In Uncategorized

Does the web have info on limited liability corporations?

"A Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because, similar to a corporation, owners have limited personal liability (MORE)
In Uncategorized

What are some ways you can protect your corporate identity?

"One of the best ways to protect corporate identity is through IT security. Make sure your IT security is up to date and you can even buy software to assist in that. Also, con (MORE)
In Insurance

What does Federal Deposit Insurance Corporation protect?

The FDIC is not an insurance company in the usual sense of the term. It is a federal entity the purpose of which is to reimburse bank depositors, to a maximum amount specified (MORE)