OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...

The key insight across all models is that regular organizational reviews can help drive better results. While 60.2% of ...

Changing the legal structure of a business is a pivotal moment in an entrepreneur’s journey, requiring both careful planning and a deep understanding of the potential legal, financial and operational ...

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

A decentralized company business structure is one in which company executives place important decision-making authority in the hands of front line and local managers versus reserving all critical ...

The type of business entity you choose impacts key areas of your operations. Choosing an appropriate structure is critical for several reasons: Tax Implications: Some businesses experience ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. David Kindness is a Certified Public Accountant (CPA) and an expert ...

The task of choosing the correct organizational structure for your newly forming business should not be taken lightly. In fact, the office of the Texas Secretary of State recommends consulting with ...

Choosing a business structure for a farming business can be difficult because entities differ in tax and legal implications. Choosing a business structure for the farm operation could result in either ...

Lili’s data reveals that most queries relate to tax matters, with business owners seeking guidance on selecting the ...