A lot is riding on the business entity type you choose. The business structure you decide on affects your legal liability as an owner, tax obligations, growth potential, and compliance requirements ...

Opinions expressed by Entrepreneur contributors are their own. It’s tax season — and with that comes a whole lot of chatter with accountants. In an effort to submit their taxes on time, avoid ...

Small business accounting can be a complex practice, but there are several general accounting principles that help business owners structure their accounting procedures and maintain clear and accurate ...

When starting a new business, owners must decide which type of entity, or business structure, to choose. The business entity choice determines how taxes are filed, what accounting methods to use and ...

Filing taxes is hard enough for the average worker. Taxes can be even more confusing for self-employed and small business owners. Adding to the confusion is the Tax Cuts and Jobs Act (TCJA) of 2017, ...

Not all businesses are created equal—nor are they taxed alike. Our helpful breakdown covers various business tax entities and how they’re taxed It’s crucial to understand your business entity’s unique ...

The following excerpt is from Mark J. Kohler‘s book The Tax and Legal Playbook. Buy it now from Amazon | Barnes & Noble | IndieBound | Entrepreneur Books Your business entity can be the most valuable ...

Business entity choice determines whether heirs get stepped-up basis on farm assets or just ownership shares upon death.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Choosing a business structure for a farming business can be difficult because entities differ in tax and legal implications. Choosing a business structure for the farm operation could result in either ...

(WHTM) – The Pennsylvania Department of State offers information and allows users to conduct Pennsylvania business entity searches online. The Pennsylvania Bureau of Corporations and Charitable ...