Incorporation and Legal Structures
When starting a business, choosing the right business structure is crucial. It affects how much you pay in taxes, your ability to raise money for your business, and the paperwork you need to file. It also affects your personal liability, which is a major factor for business owners. There are several types of business structures. They include sole proprietorships, partnerships, corporations, and nonprofit corporations. Each has different income tax rates, tax returns, and rules about handling business debts and income.
Here, you will find resources to help you determine the appropriate legal structure for your business.
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You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help
Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.