Careful planning around LLC vs sole proprietor taxes and LLC vs corporation tax advantages can reduce your bill.
A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.
While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.
A limited liability company is an operating structure that combines the benefits of a corporation but receives the tax consideration of a partnership. The LLC structure offers protection of personal ...
What type of business structure you choose--corporation, LLC and partnership--has a tremendous effect on how a business affects your personal assets and tax obligations. Until recently, you could only ...
Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...
Starting a business is thrilling, but one critical decision often causes entrepreneurs to scratch their heads: choosing the right business structure. Should you go with the simplicity of a DBA vs LLC ...
Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...