It has been proven that when starting a business, it is better to start your business activity by incorporating the name of your business and selecting the best structure that fits your business activity. There are a few business entities to choose from. We offer you this affordable service with a free consultation.
Limited Liability Company - Your assets are protected for a sole proprietor and your income is reported in the Schedule C form of the 1040 tax return.
S Corporation - A pass thru entity that allows you to be taxed as a corporation but that the income is taxed in the 1040 tax return.
C Corporation - A corporation label as INC. which has a double taxation issue.
Partnership - A pass thru entity that guarantees payments to its members but that its income is taxed in the 1040.
To learn more about which one suits you better, Contact Us Today!