I have an S corporation in New York whose priginal focus was in the field of education. I am considering venturing into another field. Am I able to do business under my original corporate name. which is generic in name?
Reply : infotaxsquare.com Dear Pat:
Thanks for choosing InfoTaxSquare.com for your business needs. Yes, you can manage multiple businesses under your existing corporation. If you have passive activities then may face some limitations.