“Is your business a corporation? And if so, is it a C Corp or an S Corp? Or is your business an LLC? And what taxes should you be paying, corporate or personal?
Don’t worry if you’re not sure which business structure your company fits into. It’s confusing and telling the difference between, for example, a proprietorship and a partnership and limited partnership is not always easy.”
This infographic, created by surepayroll, will help you not only differentiate between the various business entities, but give you the information that can help you decide which one is right for you (sole proprietor, partnership, corporation or LLC).
Click image to enlarge.
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