USC's highest-paid employee, football Head Coach Lincoln Riley, earned nearly $11.5 million. He was one of the 17 employees ...

Many closely held businesses operate through entities classified as “S corporations,” an elective federal income tax regime that combines elements ...

Can One LLC ... C form for businesses. If you are the sole member/owner of an LLC however, you can elect to be taxed as a corporation, partnership, or sole proprietor, according to the IRS website.