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Welcome to part 2 of our Business Structure Series, where we'll be covering all things LLC. An LLC is a business structure that protects the owner from personal responsibility for its debts. It’s similar to a corporation, but also offers the same pass-through taxation benefit as sole proprietorships (LINK TO NEW BLOG POST). Essentially, it’s a combination of two other popular business structures: corporations and sole proprietorships.
Introducing: Business Structure Series on IASourceLink. Today, were talking all things Sole Proprietorship. Stay tuned to learn the different structures for your small business, including LLC, S-Corp, C-Corp on our IASourceLink blog.