We continue our tour of entities with the limited liability company (LLC).

Our last blog post looked at sole proprietorships. Today we’ll examine general partnerships.

A Taxing Consideration: Choosing a Business Structure (Sole Proprietorship) When people are starting a business, they are often very confused and overwhelmed as to how to choose an entity, or even whether they need one. Many entrepreneurs look at limiting their legal liability but never consider the tax implications of their business entity. The only [...]