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Limited Liability for your corporation

The limited liability afforded to a corporation is the same as that of a corporation.  It means that the owners of the corporation are not responsible for the debts and obligations of the corporation.  There are cases where the owners have been held personally liable.

  • Properly maintain your corporate status.
  • Keep the assets of your business separate from the assets of your corporation.
  • Follow all government regulations and meet all filing deadlines.
 


 

An S-Corp is a form of a corporation that has been granted S-Corp status by the IRS. [ more ]

A corporation is designed have a life that is not dependent on its owners.

 
 
 
 
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