Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
October 2016

Word Count:



Choosing the Right Entity for a Newly Acquired Business (Part 1)

When you buy a business, one of the first things to consider is the legal form you will use to own and operate the activity.


The choices range from a sole proprietorship to a corporation.


If the business you are buying will become part of an existing entity (such as an existing LLC or corporation), you may not need the information in this article. Otherwise, please keep reading.


The Sole Proprietorship Option


Before reflexively moving on to other entity choices, give some consideration to using the sole proprietorship form of doing business instead of a liability-limiting entity such as a corporation.


Sometimes it is wiser to stick with the ... Log in to view full article.

Log in to view full article
Already a subscriber?
Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee