SOURCE of the Business Formation Chart - http://gust.com/launch/how-to-pick-a-legal-entity.png
This article is intended for informational purposes only and doesn't constitute tax, accounting, or legal advice. Everyone's situation is different! Consult with a tax advisor, State-sanctioned accountant, or State-sanctioned attorney for advice that is specific to your unique circumstances.
Syreeta V. McDaniel, MBA provides business consulting to entrepreneurs throughout the U.S. and 15+ countries. She is best known for Strategic Business Plan Writing, Gov't Contracting and Int'l Business. She enjoys making organic treats for her dogs.