Blog

self-employment

Business Structures 102: The Corporation Showdown

Our last post compared LLCs and Partnerships. If you’re starting your own business, enjoy today’s post comparing some tax advantages for LLCs and corporations. LLC (Limited Liability Company) vs. Inc. (Corporation) The biggest advantages of an LLC over a corporation are flexibility in management and pass-through taxation. While corporations must have a formal management structure […]

Business Structures 101: What’s Best For You?

You’re starting your own business. You’ve got a lot on your mind – creating your product/service, marketing, location, business plan, licenses, permits, financing, and more. One of the most important things to consider before you get going, though, is your business structure. Will you set up your business as a sole proprietorship, a partnership or […]