Who We Are
McGrath & Spielberger, PLLC was founded by enterprising attorneys whose goal is to always provide high quality yet affordable legal representation to citizens and businesses in Florida, Georgia, North Carolina, Ohio, South Carolina, and Tennessee. Together, the attorneys of McGrath & Spielberger have decades of legal experience to draw upon when providing legal representation to their clients.
What We Do
Limited Liability Company SC (LLC SC)
Contract Analysis Charlotte NC
Contract Analysis Mt Pleasant SC
Prenuptial Charlotte NC (Prenup Charlotte NC)
Both Subchapter K and S of the Internal Revenue Code (IRC) are pass-through tax structures in which the members of the entity are taxed for the entity's income, gains, losses, and expenses on their individual tax returns. That is where the similarities end. There are several differences discussed below that make Subchapter K seem more taxpayer friendly than Subchapter S. Much of the popularity of the LLC is attributable to the fact that LLCs offer limited liability to all investors combined with the more flexible partnership tax regime. In some situations, however, the goals of the business owners may be better achieved with an S corporation.
Subchapter S places very strict restrictions on...
Find the full article at https://mcgrathspielberger.blogspot.com/2018/04/comparison-of-subchapter-k-v-subchapter.html
McGrath & Spielberger PLLC
We provide representation to its clients with the personalized feel of a small firm but also with the resources and experience of a large multi-state firm.