- Companies Act 2006: Note On Changes
Companies Act 2006: note on changes implemented on
- The Charitable Incorporated Organisation (Cio)
The Cabinet Office has recently held a consultation on this new legal form for charities. It will be the first incorporated legal form designed specifically and exclusively for charities. It is intended that the new CIO structure will be available late 2009.
- Purchasing Your Home With Just 3 Character References? And No Credit Check? You Bet
On a recent trip to Oklahoma to vist a good friend of mine from business school, all he could talk about was how lucky he was to find a way to buy the home he had his eye on for 2 years. Charles and I have known each other for years. We met in an accounting class years ago and have kept in touch.
- Keys For Using An S Corporation
If you have been considering forming a corporation or other business entity to provide yourself with limited liability and financing options in your business venture, you have made an important first step. You may have compared the tax benefits of corporations and limited liability companies or limited partnerships. If you have done so, you likely realized that corporations are taxed twice, while limited liability companies and limited partnerships are taxed once. While a corporation's profits are taxed once as the corporation's income and again when the profits are distributed as dividends, a limited liability company or limited partnership's profits flow through the entity and are only taxed once as personal income to the individual member of the limited liability company or partner in the limited partnership. This is referred to as flow-through taxation. Based solely on the tax treatment of corporations, you may be prepared to use a limited liability company or limited partnership for your business.
- Types of Ceramics - Engineered, Metallized & Customised Ceramics
CUMI pioneering efforts & ethical practices have earned a renowned name for the group in India. Their Ceramics Division has established itself as a trader of reputation for high-end refractories and advanced ceramics. Added CUMI excel in carrying out turnkey projects for ceramics wear resistant lining and refractory lining for high temperature applications.
- C Corporation Considerations
A C Corp has the widest range of deductions and expenses allowed by the IRS, especially in the area of employee fringe benefits. A C Corp can set up medical reimbursement and other employee benefits, and deduct the costs of running these programs, including all premiums paid. The employees, including you as the owner/shareholder, will also not pay taxes on the value of those benefits. This is not the case in a flow-through entity, such as an S Corp, LLC or LP. In each of those cases the entity may write off the costs of the benefits, but any employee/shareholder who owns more than 2% of the entity will pay taxes on the value of their benefits received. So, if having the maximum deductions and all of the employee fringe benefits on a tax-free basis is important to you, a C Corp may be your entity choice.
- Series Llc: Where Angels Fear To Tread
There's a lot of talk about Series LLCs. More and more people are wondering if they're a smart idea. The short answer is that they aren't - they haven't been tested, giving them limited applications if they have any at all.
- The Impossibility Of Making Everyone Happy
Introduction
- The Role Of Corporate Social Responsibility In Your Company'S Initiatives
Is your company's Corporate Social Responsibility (CSR) spotlight focused squarely on the corporate travel program? If it isn't already, it will be soon.
- Polystyrene In Packaging
Polystyrene compounds are a thermoplastic polymer made from the aromatic monomer styrene, a hydrocarbon that is commercially manufactured from petroleum. Polystyrene is one of the most widely used plastics and is the base for foam plastic as well as PVC.