ENTITY SELECTION FOR YOUR PRACTICE – Part 2

To read Part 1 of this aticle, click here So what are the comparative advantages of a Sole Proprietor vs an LLC vs an S Corporation? Let?s start with a sole proprietor. A sole proprietor is not a separate legal entity and is not a separate taxable entity. Basically,...

ENTITY SELECTION FOR YOUR PRACTICE – Part 1

When you set up your practice, you need to decide which type of entity to establish. Whenever you have business partners, setting up a legal entity for your practice is a must. While an entity won’t generally protect you from your own malpractice, operating a...