Choosing the right business entity is crucial to your success. At Jandu Tax Solutions, we provide expert guidance on entity selection, formation, and compliance to simplify your journey. Business Entity Options:
Sole Proprietorship: Simplest setup with no distinction between business and owner. File taxes via Schedule C and pay self-employment tax.
Partnership: For two or more partners. Income and losses pass through via Schedule K-1, filed with Form 1065.
LLC (Limited Liability Company): Offers liability protection with fewer formalities. Can file taxes as a sole proprietor, partnership, or elect S/C-Corporation status. Regular state filings required.
Corporation: A separate entity with liability protection. Default C-Corporations face double taxation but can elect S-Corporation status for pass-through benefits.
 Let Jandu Tax Solutions handle the complexities of business setup and compliance, so you can focus on growing your dream. Contact us today!
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