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How to Choose A Business Entity Type – Part 1

Posted in Small Business on June 17, 2021

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT.   Choice of Business Entity We are frequently asked by clients starting a business, what type of entity they should be.  Here we will address Sole Proprietorships…

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How to Form an LLC and Protect Your Assets

Posted in Tax News on March 17, 2013

  A Sole-Proprietorship Many self-employed people will run their business as a sole-proprietorship. They are very easy to set up and cost very little to form. First, decide on a name. For example, John Jones D/B/A (Doing Business As) Prime…

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Why Every Sole Proprieter Should Convert to a LLC

Posted in Tax News on July 14, 2011

We live in litigious society.  Businesses that are organized as sole proprietorships are taking on unnecessary risks.

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