Question
Which type of business organization is the least risky for the owner(s)?
Answers * Sole Proprietorship * Partnership * Corporation
1 month ago - 2 answers
Best Answer
Chosen by Asker
A Corporation definately, but even better specifically probably would be an S-corp because you are not double taxed. You can talk to an accountant about what I mean by that. Basically you are taxed on your profits at the business and then your share when you do your personal taxes. The S-Corporation will pass it on through to you so you are only taxed once. It depends on who all owns the business and other factors if you can even be approved, so do research. Good luck!
by 3angels
1 month ago
Asker's Rating: 
Other Answers
A Corporation is, since it's a separate legal entity
by baq&a2000- 1 month ago