IF YOU'RE GOING TO DO SOMETHING, DO IT RIGHT!
Welcome to taking the first step to becoming your boss. There are many business entities, and how you form them will determine which income tax return you file. The purposes of creating a business entity are to protect business owners, save taxes, provide certainty and structure to business operations and present a professional image to customers and the general public.
C-CORP
Corporation offer the strongest Protection to its owners from personal liability.
Limited liability company (LLC)
Give members personal liability protection.
Sole Proprietorship
Complete Control of your BUSINESS.
Non-Profit
These organizations are not dedicated to private or financial gain but to the advancement of public interest.
Professional Limited Liability Companies
You aren't personally liable for the malpractice of any other member
DBA
Allows you to conduct business under a name other than your own.
