Small business owners have multiple entity options available to them, including C corporations and pass-through entities, such as S corporations, partnerships and LLCs.
The pass-through options provide legal protections and avoid double taxation, but also have other factors to consider. Make sure you understand the mechanics of each entity type to ensure you have the best option for your business.
As always, feel free to pass this Tip along to friends, and reach out if you need help with your personal tax and finance situation.
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