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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. Cicely Jones simplifies financial concepts for young professionals. Sixty-six percent of millennials want to start a business, ...

Selecting the right business structure forms the groundwork for organizational effectiveness, asset protection, and financial transparency. This decision influences the company’s ability to raise ...