Are you considering forming an LLC in Delaware? Learn about the requirements.

Learn the requirements for forming an LLC in Texas.

Are you considering forming an LLC in Pennsylvania? Learn about the requirements.

Considering LLC formation in New York? Learn the requirements for forming a NY LLC.

Florida honors the federal S corporation election and does not impose entity-level tax.

Illinois treats S corporation income as pass-through income to the shareholders. However, it does impose a 1.5 percent tax at the entity level.

Bylaws provide the rules that govern the operation of an S corporation.

The federal government purchases over $600 billion of goods and services per year. By law nearly a quarter of that spending is ear-marked for small business contracts. Here are three steps to take if you are interested in having the federal government as your customer.

Once you have formed your corporation, you can elect S corporation status by filing a form with the IRS. S corporation's pass-through their income, loss and deductions to the shareholders, but can also pay salaries to the owners.

An LLC is taxed as a pass-through entity for federal income tax purposes, but can elect to be taxed as a corporation. States honor the federal classification for income tax purposes, but that does not exempt the LLC from franchise, sales or property taxes.