Does A Corporation Expire? Does a corporation expire? Because a corporation is a legal entity separate from its owners, it continues to exist even when owners die or leave the business. If the formation documents don’t limit the corporation’s term of existence, it will remain in existence until articles of dissolution are filed with the
Does MPC Own Mplx? Does MPC own Mplx? MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. How much MPLX does MPC own? Marathon Petroleum owns 63.6% each of MPLX’s and ANDX’s common units. The ‘Midstream’ segment reported
What Is A Non Electing S Corporation In New Jersey? A New Jersey hybrid corporation is a federal S corporation that has not elected to be treated as an S corporation for New Jersey purposes and conducts business both within and outside New Jersey. How is an S Corp taxed in New Jersey? As noted
Where Does Yvon Chouinard Live? When Yvon Chouinard, the climber and environmentalist and the co-founder of the outdoor-apparel company Patagonia, spends days by himself at a house he owns in Moose, Wyoming, his wife, Malinda, the other co-founder, often sends mass e-mails to their friends, with the number of the landline there. Is Yvon Chouinard
Can C Corp Reimburse Health Insurance? What’s unique about C-corps is that both the employees and the owner of a C-corp can use an HRA to get 100% tax-free reimbursements for medical expenses for themselves as well as their family members. Can a C Corp pay health insurance premiums for owners 2019? C Corporations The
Does Michael Dell Still Own Dell? Michael Dell is the chairman and CEO of Dell Technologies, which was formed in 2016 when Dell merged with computer storage giant EMC. The estimated $60 billion Dell-EMC merger, which was finalized in 2016, was the largest technology acquisition ever. When did Michael Dell become a billionaire? Michael Dell
Can An S-Corp Pay For Health Insurance For Spouse? The business must pay for the health insurance costs, not the individual shareholder. The S-corp owner and their spouse must not have been eligible for another subsidized health insurance plan, as the deduction only applies to owners who can’t get health insurance any other way. Can
Can An S Corp Pay For Individual Health Insurance? S-corporations can provide health insurance as a tax-free benefit to its non-owner employees. This means the company offers group health insurance to employees and deducts the cost as a business expense, paying no taxes on the insurance premiums. Can an S Corp owner take self-employed health
Can An Llc Pay Member Health Care Benefits? As a small business owner, you may be wondering whether you can get small business health insurance through your LLC. The short answer is that while you usually cannot get small business health insurance through your LLC, you can still enroll in individual health insurance coverage for
Can A Small Business Pay For Employee Aca Health Care? Since group health insurance is employer-sponsored coverage, small businesses can also ask employees to pay for a portion of monthly premiums (typically 50 percent or less) from their paychecks while still fulfilling employer cost-sharing requirements and ACA health insurance requirements. Can a business write off