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What About Wealth?

What About Wealth?

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November 27th 2012:Setting Up a New Business

The many barriers to success when have a great business idea are complicated by the legal and accounting issues associated with forming your business entity. There are many choices: sole proprietorship, partnership, joint venture, C corporation, S corporation, LLC, business trust, and others. Which is best? What are the tax consequences of the choice? What are the liabilities? Which is most flexible? Which offers the most protection? What is easiest to set up? What are the maintenance costs? Which is easiest to get out of? Which can be “integrated” into other planning? What are some of the tra

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