Business Entity Comparison Chart

The charts on this handout compare and contrast accounting and recordkeeping, fringe benefits, and liabilities of the various business entity types.

HIGHLIGHTS: 

  1. Sole proprietor.

  2. Partnership.

  3. S corporation.

  4. C corporation.


CLIENTS WHO MAY BENEFIT:

  1. Taxpayers who are establishing a new business.

  2. Taxpayers who are considering changing the structure of a current business.

BusinessClare FazackerleyTax, Business, Business Entities, Chart, Starting a Business, Liability, Fringe Benefits, Sole Proprietor, Partnership, S Corp, C Corp, Business Structure