Firm News Blog

To be a C or not to be a C – That is the question

When forming an entity, do you know the pros and cons of a C corporation versus an S corporation? What about the advantages and disadvantages of a partnership, LLC or sole proprietorship?

These classifications may not seem important now, but they can have significant tax and liability consequences depending on your future plans for your business, especially if you are looking to sell.

For an overview of how entity type can affect your business, we invite you to view the August issue of Smart Business Cleveland, ”Entity Selection.”

Looking for Cleveland or Akron tax accountant? Contact Skoda Minotti at 440-449-6800.

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