by cdaaccounting | May 29, 2022 | Business
Yes. A Coeur d’Alene LLC is a favorite vehicle for owners of income-producing real estate seeking to establish a level of personal liability protection. Because the Idaho LLC is a separate legal entity, the objective is to transfer title from the individual to...
by cdaaccounting | May 27, 2022 | Business
Yes. A Coeur d’Alene S-Corporations can own real estate and is the best at protecting shareholders limited liabilities. However, real estate that goes into either type of corporation typical does not come out tax-free. This is a significant disadvantage for real...
by cdaaccounting | May 22, 2022 | Business
No. After a reasonable wage has been met, all other profits will be disbursed to Coeur d’Alene S Corporation owners/shareholders through a K-1 form. This money will not be subject to self-employment taxes but taxed as ordinary income on owners/shareholders tax...
by cdaaccounting | May 15, 2022 | Business
Who doesn’t remember when they receive something for free? It makes people feel like they won something. I’m sure we can all recall something a retailer or service provider has given us a product or service at no charge, and I will bet you felt special and...
by cdaaccounting | May 5, 2022 | Business
Yes. If you are a Coeur d’Alene LLC with two or more owners, then you will be a partnership unless otherwise elected. Since LLC’s offer flexible tax structures, you can be a single member LLC, multiple member LLC, LLC taxed as an S-corporation and or...
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