One of the most important decisions you’ll make when starting a business is choosing the right business entity. It’s a decision that impacts many things--from the amount of taxes you pay to how much paperwork you have to deal with and what type of personal liability you face. So far in this series I have discussed By Jim Fisher, CPA/PFS,CTC Choosing the Correct Business Entity, Part 3 Sole Proprietorships, Partnerships and Limited Liability Companies (LLC). This month we take a look at C-Corporations and S-Corporations. C-Corporations. In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation’s capital
RkJQdWJsaXNoZXIy MTQ2Nzk4