Business Type: Choosing The Right Structure

Looking to start a business but stuck on choosing the type of structure? Whether it’s an LLC, sole proprietorship, corporation, S-Corp, or partnership, making the right choice is crucial. In this video, as a Certified Public Accountant (CPA), I’ll break down the pros and cons of each business type to help you make an informed decision.

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Do you have questions about Can Choosing the Wrong Business Type Ruin Your Business PlansI’m an Illinois-licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.

Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

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