What type of business are you?
Seth David, at the QuickBooks Help blog, addresses this question, and discusses how, as a financial accounting consultant, he helps his clients understand the issues and decide which business entity is right for them.
Sole proprietor? Seth says that sole proprietors are much more likely to get audited. When is an LLC the best form? When is it a bad idea. S corp, C corp? How do payroll, deductible expenses, pension contributions and other issues fit into this decision?
It’s a helpful article. And he gives us a little plug, which we can’t say we disapprove of.
What Type of Business Are You?
