Matt Wheeler discusses the different forms of legal entities for business owners, and how to identify the appropriate form of entity needed for a new business venture or an existing business you are thinking about changing the structure of.
As a business owner you will need to consider all the tax, legal, and practical implications. However, one of the first things you really need to ask is, do you even need a entity for your business?
Related: What To Do When the IRS Comes Knocking
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