A sole proprietor is not entitled to tax deductions on salary paid to himself because these payments are not business expenses. When a sole proprietor pays himself a salary, he merely is transferring ...

There are more sole proprietors in the United States than any other type of business. According to the U.S. Census Bureau, there were more than 21 million sole proprietorships registered in 2015. Sole ...

Sole proprietorships are the simplest business entity — their taxes are pretty straightforward, too. Many, or all, of the products featured on this page are from our advertising partners who ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Khadija Khartit is a strategy, investment, and funding expert, and an ...

One is less expensive, while the other provides more legal protections. Here’s how to decide. Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is ...

A sole proprietorship gives you full control, but your personal and business assets are one and the same. Many, or all, of the products featured on this page are from our advertising partners who ...

Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...

A sole proprietorship is an unincorporated business that one person owns and runs. However, just because your business blurs the traditional lines of the working world doesn’t mean you can ignore laws ...

It may be true that in the eyes of God, all soles are equal. But on the California dinner plate, petrale is king. There are other regional seafood specialties that are equally compelling in their own ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. A sole proprietorship is a common business type many ...