Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...

Another distinction lies in flexibility. LLCs allow owners to reinvest profits or distribute income in a variety of ways, while S-Corps must distribute earnings based strictly on ownership percentage.

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Filing taxes for your LLC as an S Corp allows an owner-operator to designate him- or herself as an employee of the LLC yet to still report the income of the business on their personal tax return. S ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Registering a limited liability company (LLC) is a popular method for starting a business, ...

You’ve probably Googled “LLC vs sole proprietor” at midnight after a client asked for a W-9, or after someone on Twitter ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A Redditor recently posted in the FIRE Reddit group ...

When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can also ...