August 2022
Beginner
752 pages
19h 29m
English
book
Accounting All-in-One For Dummies (+ Videos and Quizzes Online), 3rd Edition
by Michael Taillard, Joseph Kraynak, Kenneth W. Boyd
Content preview from Accounting All-in-One For Dummies (+ Videos and Quizzes Online), 3rd Edition
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Chapter 1
Looking at the Legals
IN THIS CHAPTER
Weighing the benefits of partnerships and limited liability companies
Looking out for number one in a sole proprietorship
Considering the tax ramifications of your choices
Forming a business can be amazingly easy or extremely complicated, depending on the type of business entity being created. If you’re flying solo, you’re a business unto yourself and really don’t need to do anything to establish yourself as a sole proprietorship. Unless you say otherwise, the Internal Revenue Service considers your business to be a sole proprietorship. With a little extra effort, you can establish your business as a partnership, to share duties and profits among owners, or create a limited liability company (LLC) to provide your business some extra legal protection. With a little more effort, and a lot more paperwork, you can establish your business as a full-fledged corporation.
This chapter presents the ABCs of the three types of business entities: partnerships, LLCs, and corporations. First, you get a brief overview of sole proprietorships and partnerships. Then you find out all you need to know about the different types of corporations — C corporations ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.