Sole Proprietorships
The sole proprietorship is the most common business structure in today's workplace. The Sole Proprietorship is an easy entity to form and relatively simple to operate. The entity and the owner are considered the same entity by the IRS. Because of this, the owner reports all of business profits and debts on their personal tax return. The owner is also responsible for all liabilities that are incured. One's personal assets are not protected from creditors of the business. in addition, any personal creditors of the owner may look to the businesses' assets to satisfy a debt.
Regardless of an organization's size or prominence, legal problems affecting financial status and reputation require practical solutions. Our lawyers view our clients' legal problems as business problems, and work creatively and quickly to solve them.
Regardless of an organization's size or prominence, legal problems affecting financial status and reputation require practical solutions. Our lawyers view our clients' legal problems as business problems, and work creatively and quickly to solve them.
Set up an appointment for your free consultation today to learn more about our business litigation services by calling us at (904) 355-8888 or fill out our online Contact Form.