C corps in a nutshell

C corps in a nutshell

Currently, the most common business structure in the United States is known as a C corporation or “C Corps.”  A C Corp is an independent legal entity, meaning that it has its own tax identification number and can enter into contracts and other...
Sole proprietorships in a nutshell

Sole proprietorships in a nutshell

A sole proprietorship is an unincorporated business owned and run by one individual. Although sole proprietorships are unincorporated, they are recognized by the IRS and state tax agencies as businesses. Because sole proprietorships are unincorporated, they have no...