Tax Mastery Entity Formation One of the most important steps in any tax strategy is determining what entity should be formed to hold your businesses and investments. For legal purposes, there are four basic types of entities: sole proprietorship, partnership, corporation and limited liability company. The entity you choose should take into account both the tax effects of the entity and the legal aspects of the entity. To learn more about which entity might give you the best tax benefits for your business or investment, read the articles below.
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