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  #1  
Old 02-17-2001, 11:40 AM
SDF250 SDF250 is offline
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Location: ABINGTON,PA
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can an s corp. engage in 2 separate kinds of biz?
landscape/tree
lanscape/sweeping
gen. contracting/paving
or do the have to be a separate biz?
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Old 02-17-2001, 02:42 PM
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Stonehenge Stonehenge is offline
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I don't know about licensing requirments in your state, but if you want an S-corp that makes software and cleans gutters, that's up to you.
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Old 02-19-2001, 08:06 AM
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Green Finger Green Finger is offline
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As an S corp, it allows to to have one parent company.
Under that company you can have separate companies. Each company is responsible for filing separate taxes. Showing profits and loses.

It's called the umbrella effect.
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  #4  
Old 02-20-2001, 08:10 AM
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Stonehenge Stonehenge is offline
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Though you wouldn't have to have separate biz identities for

landscape/tree
landscape/sweeping
etc

They could be done under a single company name, unless you have liability reasons to not have the 2 together or related.
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