Business entities are created pursuant to state law, which varies widely. By default, a single owner operating a business for profit is deemed a “sole proprietorship” and two or more owners operating ...

Hall of Fame NBA player Tim Duncan is aptly nicknamed "the Big Fundamental," a reference to his incredible proficiency at the game's foundational skills. In the same way that Duncan's focus on the ...

One of the top-of-mind questions business clients look to accounting professionals for guidance on is, "Which entity type will maximize my tax deductions and minimize tax liability?" Processing ...