That’s because an owner of an LLC is legally protected whereas a sole proprietor is not — at least as far as personal assets go. There’s no difference, legally speaking, between a sole ...

However, if you're a sole proprietor you can mitigate some of the ... A limited liability company (LLC) is a step up from a ...

Starting an LLC is an exciting step toward business ownership. You have filed all of the paperwork, and it’s now official-you ...

Limited Liability Company: Can be taxed as a sole proprietor, partnership or corporation ... or a manager managed LLC. All earned income (minus rent income) is subject to SE tax for both the ...

If a sole proprietor is wronged by another party, he can bring a lawsuit in his own name. Conversely, if a corporation or LLC is wronged by another party, the entity must bring its claim under the ...

Most LLC licensing is tied to the specific activities ... in taxes if you elect to be taxed as a C corporation than as a sole proprietor or partnership. Also, C corporations have more flexibility ...

You don’t have to fill out any paperwork with the IRS to be a sole proprietor. The next level up is an LLC, or limited liability company. LLCs require you to apply for your LLC with the state ...

One of the fastest and easiest ways to check whether a business name is available is to use a search engine. That said, ...

Florida has no personal income taxes. If you choose to file your Florida LLC taxes as a sole proprietor, partnership or S-corporation, you won’t need to pay state taxes on the LLC in Florida.

Sole proprietors, partners (including LLC members) and two percent shareholders ... or wages to the S corporation shareholder. The sole proprietor, however, must pay the Medicare premiums directly.

Many believe that it’s the easiest type of business to set up, as the individual is automatically considered a sole proprietor the ... A limited liability company (LLC) is a business structure ...