Your plan is in place to start a new business…
Do you know what kind of entity you will choose?
Do you know the difference between a C Corporation and an S Corporation?
Is a Sole Proprietorship or a Single Member LLC right for you?
With the new changes to tax laws, making the right decision is more important than ever, and that decision-making process must involve a professional!
Click HERE for information on the pros and cons of each type of entity, as well as a comparison of the options available: Sole Proprietor, Partnership, S-Corp or C-Corp.
If you have questions, please contact your Sarasota CPA to get a better understanding before making the choice. Good Luck!
For your accounting or bookkeeping needs in the Sarasota, Florida area – please contact Sterling Tax & Accounting!