Choosing a business structure is one of the first real decisions you’ll make as a business owner. It affects how you’re taxed, how exposed you are legally, how much admin you’ll deal with, and how easily the business can evolve as it grows. Below is a practical overview of the most common U.S. business structures, including how to set each one up, how it’s taxed, and the key trade-offs.

Navigating self-employment taxes can be tricky. This guide breaks down everything freelancers and small business owners need to know, from c