by Pentacle-nextSteps | Apr 23, 2024 | Choose A Structure
What is a LLC in the Performing Arts? Definition of LLC A Limited Liability Company (LLC) is defined as a legal business entity that limits the company’s members from risk of loss. The owners of an LLC are usually referred to as “members,” as the structure is more of...
by pennextsteps | Jan 9, 2021 | Choose A Structure
What is a S Corp? Definition of S Corp for Those in the Performing Arts An S corporation (S corp) is defined as a legal business entity that is taxed as a partnership rather than separately from its owners. Income is passed through from the corporation (often called a...
