Question: I have been in business for four years operating as a sole proprietorship filing on Schedule C of Form 1040. I have been debating switching to an S corporation. Can you please compare the ...

Self-employment and side hustles have been booming in popularity, which complicates taxes for some. Financial planner Nate Hoskin said for most side hustles it's best to be a sole proprietor or have ...

Operating an LLC—or a corporation—taxed as an S-corp can provide significant tax savings to small businesses at every level.

The post Stop Filing Schedule C—Protect Your Wealth appeared first on Self Employed.

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Business entity type and tax structure impact your organization’s finance and compliance requirements. Two popular choices are limited liability companies (LLCs) and S-corps. Although the arrangements ...

When forming a business, there are several business types to choose from. Popular business structures include corporations, limited liability companies (LLCs), and S-corporations. For business owners ...

Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...

Whether you're a marketing pro picking up freelance gigs on the side or an established consultant building out a full-fledged agency, the way you structure your business matters just as much as the ...