When you start a business, one of the first decisions you have to make is the best legal structure. Most individuals who start businesses choose a sole proprietorship, a limited liability company or ...

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 ...

Choosing a business structure may not be the most glamorous part of starting a business. In fact, it can actually feel a little daunting. But the business structure you choose can affect how you pay ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from our ...

It’s so easy to start a side hustle. In fact, it’s effortless. Any hobby will do. Pick something you love. If you can make money off of it, all the better. You don’t even need to file any special ...

As a trusted "go-to" resource, you field many questions from business clients who depend on you for insight and information. Among those inquiries are those that can impact clients' business entities ...

The Tax Court held that a sole member of an LLC was liable for the company’s employment tax liabilities because the LLC was treated as a disregarded entity in the absence of an election to be treated ...

If you’re starting a business, you’ll need to decide on a business entity type. Two popular options among new business owners are sole proprietorships and limited liability corporations (LLC). Which ...

This guide explains how an LLC vs. sole proprietorship differs in terms of formation, operations, management, taxes and legal protection. Many, or all, of the products featured on this page are from ...

If you're gearing up to start a business, you're probably wondering what type of entity you should register as: a sole proprietorship or a limited liability company (LLC). Both are common structures ...