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Sole Proprietorship, Partnership, LLC or Corporation: What’s Right for Your Business?
When starting your business you will need to decide the best type of structure, whether it’s a sole proprietorship, L.L.C., S Corp, C Corp, or Corporation. While we cannot give you legal advice we can direct you to educate yourself on the differences. This is not a substitute for hiring an accountant or tax attorney but to guide you in the right direction. There are many nuances depending on the scope and type of business you intend to operate. It’s important to understand the liabilities associated with each type of structure and how they differ from state to state. Read more…

Source: Intuit QuickBooks