Are you breathing a sigh of relief now that another tax season has come and gone? Now that the 2016 tax filing deadlines have passed, this is the perfect time to consider your business structure.
For example, in the early stages of your business, you may have preferred to keep things simple with a sole proprietorship. But as your business and expectations grow, you may need to change your business structure to a corporation or LLC. Revisiting your business structure now can even help save you money with next year’s filing. Most importantly, picking the right business structure lays a strong legal foundation for your business for years to come.
LLC or corporation, which is right for your business?
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