Incorporated Business
An incorporated business (also called a corporation) is a type of business that offers many benefits over being a sole proprietor or partnership, including liability protection and additional tax deductions. Forming a corporation also allows you raise capital through sale of shares of your company. According to Small Business Computing, there are three common corporate structure including:
C Corporation: the most common business entity. It is formed as a separate legal entity that’s wholly controlled by company shareholders.
S Corporation: offers liability protection to shareholders, and shareholders enjoy certain tax breaks not offered under other business structures.
Limited Liability Corporation: LLCs benefit from side-stepping double taxation on corporate profits (members report profit or loss on their individual tax returns).
Read Also:
- Quantal Quetzal Ubuntu Codename
Quantal Quetzal is the Ubuntu codename for version 12.10 of the Ubuntu Linux-based operating system. Officially released in October 2012, Quantal Quetzal follows the Precise Pangolin (v12.04) release and serves as a major update for Ubuntu, featuring the latest Linux kernel, 3.5, Python 3.2.3 and LibreOffice 3.6, as well as significant improvements for OpenStack (including […]
- Capacitive Touch
One of the two primary types of touchscreen displays (along with resistive) employed on smartphones, tablets, laptops and similar electronic devices. The Apple iPhone is the most popular example of a capacitive touchscreen-based device. Capacitive touch screens distinguish and sense specific touch location based on the electrical impulses in a human body, typically the fingertip. […]
- Google Nexus 7
A 7-inch tablet computer designed by Google and Asus that runs Google’s Android mobile operating system. The Google Nexus 7 debuted in late June 2012 with a starting price of $199 and is designed to compete with similar tablet devices like the Apple iPad, Amazon’s Kindle Fire HD and the NOOK Tablet HD. The Google […]
- Dorkbot
A family of malware worms that typically spreads through instant messaging, USB removable drives, websites or social media channels like Facebook and Twitter. Downloading and installing Dorkbot malware results in it opening a backdoor on infected computers, allowing for remote access and potentially turning the computer into a botnet. The Dorkbot worm gained publicity in […]
- The Skype Worm
The Skype worm is a strain of the Dorkbot family of malware that made headlines in October 2012. The Skype worm sends a message like “LOL, is this your new profile pic?” from an infected Skype user’s contact list, attempting to entice fellow Skype users into clicking on the link and downloading and installing the […]