For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here is what you need to know about how each one works so you can decide ...

Income and losses are taxed on the individual's personal income tax return. The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is ...

As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the ...

There is so much more to starting a company than filing for incorporation, LLC or Sole Proprietorship. Join Corporate Attorneys Jim Verdonik and Benji Jones of Innovate Capital Law for our continuing ...

Before we dive into which entity option is the best for your farm, let’s review your options: Sole Proprietorship: Simply the individual farmer doing business without an entity. The farmer is ...

If you’re a sole proprietor, you may wonder whether you can even get a business credit card and, if so, which one to choose. Here’s what you need to know. Most businesses, including sole ...

Visit americanexpress.com to learn more. As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to ...

Previously, the tool was only available to sole proprietors who filed with an Employer Identification Number (EIN). Now, individual partners of partnerships and individual shareholders of S ...