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.
Denice Sakakeeny is the founder and principal consultant of Denice Sakakeeny & Associates, a Boston-based boutique finance and operational consulting practice focused on anticipating and solving the ...
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.
Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...
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 ...
One of the most significant considerations when choosing a business structure for your company is: “Will it give me the most favorable tax outcome?” And the entity type you select impacts how the IRS ...
When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a Limited Liability Company (LLC)? Each ...
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 ...