The Limits of S-Corp Status: What You Need to Know

by neil@neilhwilliams.com | Jan 16, 2026 | Business & Corporate

S-Corp tax status can be a great option for some small businesses, but it comes with strict rules. Not every business qualifies, and violating these rules can cause you to lose S-Corp status automatically. First, S Corps are limited to 100 owners or fewer. All owners...

Should I elect S Corp Taxation Status for my Small Business?

by neil@neilhwilliams.com | Jan 16, 2026 | Business & Corporate

One of the biggest advantages of forming an LLC is flexibility, especially when it comes to taxes. By default, an LLC is taxed as a “pass-through” business, meaning profits flow directly to the owner’s personal tax return. But an LLC can choose to be taxed as an S...

Should I Form an LLC in Pennsylvania?

by neil@neilhwilliams.com | Jan 4, 2026 | Business & Corporate

Learn when forming an LLC in Pennsylvania makes sense. Attorney Elias Kohn explains benefits, taxes, and protection for small business owners. Starting a business, investing in real estate, or launching a freelance career in Pennsylvania is exciting. Choosing the...

Should You Record a Deed Yourself or Use a Lawyer?

by neil@neilhwilliams.com | Jan 3, 2026 | Business & Corporate

Explore the pros and cons of recording a property deed yourself versus hiring a lawyer. Learn how to avoid costly legal errors and protect your investment. After a property is transferred, the final step to make it official is recording the deed. This process involves...

Contract Review and How One Clause Can Reshape Your Entire Deal

by neil@neilhwilliams.com | Dec 30, 2025 | Business & Corporate

Contracts determine your rights, your obligations, and your exposure when something goes wrong. Yet many businesses sign agreements that contain unclear terms, one-sided provisions, or missing details that only become obvious after a dispute arises. At that point, the...