Jacky

LLCs Owning S Corporations A single-member LLC can own an S Corp. A single-member LLC taxed as an S Corporation only pays taxes on the owner’s salary. The remaining profits are not taxed. Both single and multi-member LLCs can elect S or C Corporation status if they meet requirements. To qualify as an S Corporation: … Read more

Canva Overview Canva is a graphic design platform that allows users to create designs. Canva’s terms of service grant the platform a license to use your content but ensures they will not sell or share it without permission. Usage and Features Canva can be used for free, but designs may appear similar if popular templates … Read more

Copyright Ownership in Music Copyright grants exclusive rights to the creator of an original work in music. Co-authors of a song jointly own copyright in that work. Absent an agreement, co-authors each own an equal, undivided interest in the copyrights. Finding Copyright Ownership To find copyright ownership, search resources like ASCAP’s ACE Database. It lists … Read more

The Jedi Order needed the numbers to fight the Sith Empire. During the time of Star Wars Episode II, there were more than 200 Jedi that led the attack on Geonosis to rescue Obi-Wan, Anakin, and Padme. However, fewer than 30 of them survived. The Jedi are depicted as a monastic and martial organization that … Read more

By default, an LLC pays taxes as either a sole proprietorship or partnership, depending on the number of owners. A single-owner LLC is taxed as a sole proprietorship, while a multi-owner LLC is taxed as a partnership. S-Corp vs C-Corp Taxation LLCs can elect to be taxed as S-corporations or C-corporations using IRS forms 2553 … Read more