What is a Sole Proprietorship?

July 13, 2015 by

A Sole Proprietorship is a type of business entity that is owned by one person making this person the “sole” owner. Such entity has no legal distinction between the owner and the business. It does not require complex state filing documents and allows individuals to report their business income and expenses on the individual’s tax returns. If you […]

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Start a Business in California

September 25, 2014 by

When you start a business in California, the first decision a business owner must make is to decide which type of entity they want to establish. This is generally something you will want to discuss with your CPA as they are familiar with your taxes. Each type of business has pros and cons and there […]

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