As a business owner, one of the most important decisions you will ever make is how to structure your business. Will you operate as some type of legal entity, like a corporation, limited liability company, or partnership? Or will you operate as a sole proprietorship?
Your primary goals when choosing how to structure you business are asset protection and tax mitigation. The business structure you choose should provide maximum protection of your assets in the event you are sued. Additionally, it should afford you minimal tax liability.
Although your CPA may provide you with some advice in this
