Tax consequences and personal liability for your business’s obligations and debts are two main issues that may affect your decision about which business structure to select.
Contact us today and we can help you evaluate your options.
Business Organizations - An Overview
Choosing the proper business organization structure is one of the most important decisions that a business owner must make. The type of organization will determine how the business handles tax matters and whether there is protection against personal liability.
Corporations
A corporation is a separate legal entity from the business owners, also known as the stockholders or shareholders, and is created by filing incorporation papers with the appropriate state official.
Sole Proprietorships
Choosing the proper business organization structure is one of the most important decisions that a business owner must make. The type of organization will determine how the business handles tax matters and whether there is protection against personal liability.
Limited Liability Companies (LLC)
A corporation is a separate legal entity from the business owners, also known as the stockholders or shareholders, and is created by filing incorporation papers with the appropriate state official.
Partnerships
Choosing the proper business organization structure is one of the most important decisions that a business owner must make. The type of organization will determine how the business handles tax matters and whether there is protection against personal liability.
Choosing a Business Structure
A corporation is a separate legal entity from the business owners, also known as the stockholders or shareholders, and is created by filing incorporation papers with the appropriate state official.
Business Organizations Resource Links
State laws on corporations
Links to state corporate statutes, provided by the Legal Information Institute (LII).
Tax information for partnerships
Tax information for partnerships and partnership-related articles, provided by the Internal Revenue Service (IRS).
Tax information for corporations
Tax resources for corporations, including tax forms, provided by the Internal Revenue Service (IRS).
LLCs, corporations and partnerships
Terms and concepts relevant to LLCs, corporations and partnerships, provided by the Legal Information Institute (LII).
BusinessUSA
BusinessUSA is a centralized, one-stop platform to make it easier than ever for businesses to access services to help them grow and hire.
Starting and managing a business
Information about starting and managing a business, provided by the U.S. Small Business Administration (SBA).
Internal Revenue Code
Title 26 of the Unisted States Code.
Form of business organization: which should you choose?
An overview of business types and strategies for picking the one that may be best for certain businesses.
EDGAR
EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, provides public access to business filings required by the U.S. Securities and Exchange Commission (SEC).
Business law
General information about business law, provided by the Legal Information Institute (LII).
