You have the option of either choosing a general partnership, limited liability Company which is commonly called an LLC, or
even a
sole proprietorship for a business such
as office cleaning services business.
Single
proprietorships,
even if they are incorporated
as a limited - liability corporation (LLC), and especially those in which the proprietor is the
sole employee, are usually treated
as pass - through entities by the IRS, and any «dividends» paid by the LLC to its
sole shareholder are deemed to be self - employment income for the proprietor, and not dividends at...