Business Structures

Electing to be an S-Corporation: The Business Entity Combo

For an S-corporation, you can basically see the character of almost of every business entity, such as sole proprietorship, partnership,...

Starting a business as Corporation: From an idea to a business entity

There is two types of corporation structure: C-corporation and S- corporation. In this article, we are only focused on C-corporation’s...

Starting a business as a partnership: Partnership = Marriage

A successful business partnership is similar to a good marriage. Both partners request not just short term mutual interest but long term...

Is it the right time for you to convert your sole proprietorship to an LLC or Corporation?

A successful small business owner has been doing business as a sole proprietorship for many years, and his biggest concern is whether he...

Starting a business as Sole Proprietorship: from the business and tax point of views

According to the IRS’s record, a sole proprietorship is the most common form of business organization in the U.S. and included over 23...