business structure

[garrettchris67]

hello friends,
in my mind when you beginning a business, you must decide what form of business entity to establish. Your form of business determines which income tax return form you have to file.
most common forms of business are the sole proprietorship, partnership etc........

 

[zianne]

What do you wish to tell us really? Are you after the tax being paid by being a sole proprietor, partner or stockholder?

 

[bklaird]

My advice: I would start all business out as a sole propietor or partnership unless you are working in a liability intense area or you are investing more than six figures in start up...otherwise you are just increasing your start-up costs.