What Category Is Your Business In?
01.
Corporations
​
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
02.
LLC's
Is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United Sates jurisdictions.
03.
SOLE PROPRIETORSHIPS
(Schedule C)
A sole proprietor is someone who owns an unincorporated business by himself or herself.
04.
990(Non-Profit Corp.)
Organization that serves some public purpose and therefore enjoys special treatment under the law. Nonprofit corporations, contrary to their name, can make a profit but can't be designed primarily for profit-making.
05.
Personal Taxes
The type of tax return
filed by an individual.
Both single and married taxpayers, with and
without dependents, file
this type of return.
Individual filers always
file their returns on a
version of Form 1040.
Every individual filer who earns a certain amount
of income must file this
type of tax return.
03.
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