SOLE
PROPRIETORSHIP
The business and owner are the same legally. Our experts help self employed professionals make the most of business losses and reduce tax liability.
GENERAL PARTNERSHIPS
These are similar to Sole Proprietorships where the owners and business are treated the same. With Partnerships, the partners divide the liabilities and assets based on their percentage of business ownership.
LIMITED LIABILITY COMPANIES (LLCS)
This structure has a strict separation between the business and the owners. Treated like partnerships for tax purposes, LLCs are pass-through businesses, so there is no business tax liability on income.