Types of Business Organization
The main types of business organization are Corporation, Partnership, Sole Proprietorship and Limited Liability Company. In addition, there are several sub types such as S corporation or Not for Profit. If you are trying to decide which type of business to form,
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for a side by side comparison of each of these business types. If you are doing bookkeeping for a company and wondering which tax and business laws apply to your client's type of business, here is some general information. However, you should contact your client's certified public accountant for specific information regarding the tax laws and filing dates for your client.
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