Should a tech startup incorporate as an LLC, a C-Corp, or an S-Corp? If so, why?

Should a tech startup incorporate as an LLC, a C-Corp, or an S-Corp? If so, why?

In general, majority of tech startups choose C Corporation if they plan on raising venture capital. They are incorporated in Delaware and also have another entity in CA or the state they are physically located. We also see many S Corporations especially technology consulting businesses. Overall, there is no single answer to the best businessRead more about Should a tech startup incorporate as an LLC, a C-Corp, or an S-Corp? If so, why?[…]

Can someone claim an allowable deduction for expense to secure a special seat of the flight during a 100% business trip?

Can someone claim an allowable deduction for expense to secure a special seat of the flight during a 100% business trip?

It depends on various factors- If you are an employee, your employer should cover all variations & upgrades as part of their travel policy. If you are an independent business owner, then there are so many other factors to consider. In general, if they are reasonable, justifiable, necessary for your comfortable and safe travel toRead more about Can someone claim an allowable deduction for expense to secure a special seat of the flight during a 100% business trip?[…]