Many small business entrepreneurs are faced with the difficult decision of which business structure/entity to house the operations of their small business. The Internal Revenue Service provides a concise break down of different U.S. business structures available to American small business. Whether your small business will elect to be a sole proprietorship, partnership, corporation, S corporation, or a limited liability company impacts the governance and taxation of the company. The site features links to short explanatory sections as well as links to tax information and forms.

Daniel H. Erskine, Esq., an international attorney, practices in New York and Connecticut focusing on international law, civil litigation, appeals, and small business transactions. Attorney Advertising; USE OR VIEWING OF THIS BLOG OR ANY OF THE WEB PAGES LINKED TO IT DOES NOT ESTABLISH OR OTHERWISE CONSTITUTE AN ATTORNEY-CLIENT RELATIONSHIP.
Choosing a Small Business Structure

You May Also Like