sole proprietors

Choosing a Business Entity Type

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company (LLC) or S corporation? There are many issues to

2024-01-23T09:01:59-07:00January 23rd, 2024|

Rules of Deducting Business Losses

Sole proprietorships and pass-through entity structures, which include partnerships, S corporations and certain limited liability companies (LLCs), provide owners with some valuable tax benefits, such as avoidance of double taxation and the potential ability to deduct losses from the business on their individual tax returns. However, the Tax Cuts and

2021-04-12T14:54:39-06:00November 5th, 2019|
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