The Way You Choose To Organize Your Business Will Be Subject To
Structure Compliance
Business Entity Structures
There are advantages and disadvantages to structuring your business a certain way, which pertain to tax and personal liabilities. The following are links to the IRS definitions and subsequently to the IRS forms required to be filed for each type of entity as well. We are looking forward to providing a more in depth and easier to understand description here in the near future, so please check back soon for updates to this page!
https://www.irs.gov/businesses/small-businesses-self-employed/business-structures
The generally recognized business structures are: