Sole proprietor
Legal & tax
In plain English
Sole proprietor is the simplest structure: no filing, no separate tax return (Schedule C on your personal 1040), but no liability protection either. Fine for the first dozen customers; risky as you scale.
Legal & tax
Sole proprietor is the simplest structure: no filing, no separate tax return (Schedule C on your personal 1040), but no liability protection either. Fine for the first dozen customers; risky as you scale.