#business-structure
Choose and optimize your business entity for tax and legal advantages
Pennsylvania LLCs faced a September 30 annual report deadline; corps June 30, LPs December 31. A missed 2027 report triggers dissolution six months later.
Colorado HB26-1088 voids unpaid filings, bans fraudulent registered agents, and fast-tracks scam-entity dissolution — effective August 12, 2026.
US branches pass foreign losses to your return but expose the parent to liability; subsidiaries ring-fence risk but trigger CFC rules.
Delaware's high court upheld SB 21: shareholder inspections now cover only formal records — minutes, board materials, financials. What founders must do.
Most states let a dissolved LLC reinstate by filing missed reports and paying back fees, but the gap can expose owners personally and free up your name.
A charging order diverts your LLC distributions to a personal creditor — but can't force payouts or seize company assets. Solo owners get less protection.
An MSO lets investors own a law firm's back office; an ABS lets them own the firm. Illinois HB 5487 now curbs both for contingency-fee practices.
Paraguay's IRE Simple taxes sole proprietors at 3% of gross up to G. 2 billion; if your margin is under 30%, the 10% actual-profit option costs less.
States set LLC annual reports on a fixed date, your anniversary month, or a two-year cycle — miss one and Florida alone adds a $400 late fee before dissolution.
A loan-out corporation restores the business-expense deductions the IRS permanently denies W-2 performers — at $3,000 to $6,000 a year to run.
Shareholder advances survive IRS scrutiny on behavior, not labels: a written note at or above the AFR, unsubordinated terms, and payments you actually make.
North Carolina's corporate rate hits 0% in 2030, but S corporations never paid it — and the state imposes no built-in gains tax. Here's what actually changes.
