For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here ...

The cash method is used by many sole proprietors and businesses with no inventory. From a tax standpoint, it is sometimes advantageous for a new business to use the cash method of accounting.

Starting a business? Here are the steps to form a limited liability company (LLC), as well as how to decide if an LLC is the right business structure for you.