The type of business entity utilized for a new venture is one of the most important decisions facing a new business owner. Choosing an inappropriate entity can have devastating effects, while an ...

Business entities are created pursuant to state law, which varies widely. By default, a single owner operating a business for profit is deemed a “sole proprietorship” and two or more owners operating ...

When advising clients on the choice of business entity, CPAs should consider the advantages and disadvantages of each type. If more than one entity is involved, CPAs should also determine whether ...

NCET helps you explore business and technology. When starting or operating a business, one of the most important decisions that you will make is what type of business entity you should choose. There ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Have you talked to an accountant, CPA or even a fellow ...

To navigate the shoals of the business side of the film industry, you must have a basic understanding of the different types of legal entities. Every transaction—from the humblest to the ...