What Qualifies as a Sole Proprietorship?

What qualifies as a sole proprietorship? A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner. Read more on www.sba.gov A sort of business entity where the owner and … Read more

Can an Accounting Firm Be an S Corp?

Small CPA businesses or accounting firms frequently think about the advantages of incorporating their organization. Limited liability protection, tax advantages, and the capacity to generate money are only a few advantages of incorporation for a business. However, it’s possible that many small business owners are unaware of the many corporate structures that are accessible to … Read more