What is the difference between an LLC and a S Corporation
Both Limited Liability Companies (LLCs) and S Corporations are popular business structures in the United States, each with its own set of advantages and disadvantages. Here are some key differences between an LLC and an S Corporation: Taxation: LLC: By default, an LLC...The Dangers of a General Partnership
When two or more people agree to share profits and losses, a partnership has been formed. The business may have as many partners as agreed upon, with nothing more than a handshake or an oral agreement. In fact, state law provides that under such circumstances you have...The Advantages of an S Corporation Election
S corporations have certain tax advantages that you might consider for your small business. An S corporation is a regular corporation that has opted for the IRS Small Business Election to have all income or loss passed down to the personal tax returns of its...Forming Corporations in Delaware
The legal process for forming corporations can be complicated, so you should seek out professional services to help. Advantage Delaware LLC has the experience and qualifications to help with starting a corporation. Our team works personally with you to handle all... Nancy J. Wolf, MBA Managing Member |
 Vincent J. Creo Managing Member |
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