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You can structure your business as an LLC that is taxed as sole-proprietor, Partnership, S Corp or C Corp. You also can setup an LLP, C or S Corp. All of these entities have different tax and accounting ramifications. So I strongly encourage you to seek help from a qualified tax adviser/accountant to help you structure and determine which one of these entities will best serve your needs.1 of 1 people found this helpful
Thanks alot that was very informative on deciding on the entity that would best suit my business and situation.