A step-by-step guide for start-up businesses in the state of California Starting a business includes a lot of paperwork to be filed and government guidelines to follow. This can be overwhelming for many new entrepreneurs. The guide that follows can assist any prospective business owner with successfully establishing an LLC in California. Step 1: Define the business niche The first ...

S corporations, or S corps, are an Internal Revenue Service (IRS) tax designation that is often confused as a business entity. Instead, it is an option that certain business entities (namely LLCs and corporations) are free to elect by submitting Form 2553 to the IRS. As such, it is recommended for businesses to start an S corp by forming themselves ...