How you decide to structure your business can have long-term ramifications on tax liability, profits, managerial control, and personal liability. What's more, the variety and popularity of various options for structuring a business has grown in recent years-and become more complicated with the passage of new legislation and changes in the tax code. Streetwise Structuring Your Business walks you through the maze of options, including corporations, sole proprietorships, and partnerships. This authoritative work shows how to: - Decide on the best structure for your company
- Establish proper accounting methods
- Handle taxes
- Protect personal assets
Unlike other books on the market that only focus on one structure such as corporations or partnerships, Streetwise Structuring Your Business is a comprehensive, up-to-date work that explains all the options in easy-to-follow language. Michelle Cagan has more than a decade of experience in accounting, tax, and planning services for individuals and small business owners. She has authored individual articles on investment strategies and business topics for financial newsletters.
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