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Bruce Primrose ~ Accounting, Bookkeeping & Tax Preparation
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Sole Proprietor's & Dba's
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Business Types
Not sure which Business Formation is best for your Company?

After our Interview, we will be able to guide you to the best choice for your situation.

Your choices are Sole Proprietor, dba, C-Corp, S-Corp, Partnership or LLC.​

If you have any questions regarding our Services, please contact us:
A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liability company (LLC), you are not a sole proprietor if you elect to treat the LLC as a corporation.
A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the business.
S-Corporations
In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock. A corporation generally takes the same deductions as a sole
proprietorship to figure its taxable income. A corporation can also take special deductions. For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity. A corporation conducts business, realizes net income or loss, pays taxes and distributes profits to shareholders.
LLC's
Individuals / Employees
An eligible domestic corporation can avoid double taxation (once to the shareholders and again to the   corporation) by electing to be treated as an S corporation. Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S corporation's shareholders include their share of the corporation's separately stated items of income, deduction, loss, and credit, and their share of non separately stated income or loss.
A Limited Liability Company (LLC) is a relatively new business structure allowed by state statute.
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