The Accountant’s Entity Guidebook | CPA Follow Advisor

For the reason that of the legal responsibility involved with operating a experienced accounting company, most enterprise owners pick out to framework their firms as a Minimal Liability Company (LLC), a Qualified Limited Liability Firm (PLLC), a C Corp., or a Experienced Corporation (Personal computer). Some, nevertheless, continue to operate their accounting corporations as sole proprietors and partnerships. Here’s what you need to know about every single.

Sole Proprietorships

A sole proprietorship is the most basic organization entity to commence. If you start your new accounting company and are the only owner, you are quickly a sole proprietorship underneath the

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