When you’re deciding to register your business, the legal vocabulary and tax options can be overwhelming, especially for a first time business owner.
Typically, a small business should consider one of two options: a sole proprietorship, or a limited liability company (LLC).
These structures are usually inexpensive to set up, easy to run, and allow for pass-through taxation.
However, there are key differences between the two that a business owner should…Continue
Added by James Gilmer on July 10, 2014 at 1:00pm — No Comments