You'll know which one can save you the most on taxes (and there are huge differences in taxation of these entity types). So no matter where you are located, you'll be able to find all the information that you need.
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In just a couple of hours from now you'll have a clear understanding of which business structure you need.You'll be ready to file your paperwork knowing that your legal entity is going to be structured the best way possible. My guide is for you if any one of the following applies: • You are thinking about incorporation, but not sure if you need it or not.You'll be able to look at your current situation, at your business and your assets, and check my guide to see which structure best suits your needs and allows you to pay as little as possible in combined personal and corporate taxes.You'll also discover a few instances when it makes sense to stick to a Sole Proprietorship covered by an umbrella liability insurance policy instead of forming a separate business entity.• You own property or have substantial business and/or personal assets that you need to protect from lawsuits.
My guide covers all 50 states and lists a great variety of situations to make sure that you'll find the solution that covers your specific needs. Here is the table of contents of Incorporation Master's Guide: • The Differences Between Sole Proprietorships, Partnerships, LLCs, S Corporations and C Corporations Sole Proprietorship • The biggest financial advantage of a Sole Proprietorship • The single worst danger of a Sole Proprietorship • Limitations of a Sole Proprietorship • Taxes of a Sole Proprietorship • When a Sole Proprietorship is the most appropriate business form • What you need to know about tax credits • How to set up a Sole Proprietorship.
It'll probably take you less than an hour to read the entire thing.
Then, you can use it as a reference whenever you need to look up any specific information. My words are simple and to the point, so there is no confusion.
My writing is meant for people who are interested in using their energy to make money rather than spending time on administrative tasks (which still must be done, but can be done quickly).
I included all information in an electronic (PDF) format for fast and easy distribution.
I'm going to discuss various business structures available in the USA, including Sole Proprietorships, Partnerships, LLCs, S Corporations, and C Corporations, and the differences among them.