Correctly classifying your business will help you to avoid over paying taxes, but there are various types of business classifications to choose from and that can make picking one rather confusing. By working with an experienced CPA to help select a good classification for your Cary business, you are setting yourself up to potentially maximize profit.
A business entity is simply the way a business is classified per its operational structure. An experienced Cary small business accountant can guide you through the process, helping you select the entity best for your needs.
Below are some different types of business entities:
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