So, you’ve got an idea for a piece of software that will change the world? How do you best monetize your product so that you can get the well-deserved reward for your efforts? Fortunately, we’re here to layout a few options and explain what their tax treatment looks like. There will be a lot of […]
Treatment of Startup Funds: LLC vs Corp
Sometimes a small concept can make a huge difference. Because of the difference between Limited Liability Companies (LLCs) and Corporations, the money you put in to start them is treated in very different ways. Overview of Corporations A corporation is a distinct legal entity from the owners. It was created to separate management from ownership […]