The creation of a corporation is the creation of an artificial person. For legal and tax purposes, a corporation is a separate entity from its owners. A corporation can make purchases, enter into contracts, pay taxes, and sue and be …
There are several ways to organize a business, and the option selected depends on various factors. A small, family-owned and -operated business will likely choose a different structure than a larger company with several owners and many employees. Each option …
Organizing Your Business Part 1: Sole Proprietorships Read more »