Due to the leak of a C-Corp`s double taxation issues, S-Corporations have become the most common small business unit in the United States. Large companies are not allowed to choose Sub-S status because no more than 100 shareholders can own an S-Corp. Double taxation is when you pay twice the income tax on the...Read More

First and foremost, let`s talk about what lenders are looking for when they lend people money for a mortgage. Ultimately, lenders look for two things when analyzing a mortgage application: security and the ability to service the debt. The other concern that appeals to lenders` tax obligations is the borrower`s ability to service the...Read More