Some professions requiring special certification or licenses—such as medical or legal practices—face limits on the types of business their practitioners can form. Depending on the state of incorporation, they
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Sole proprietors can hire staff but are still liable for all business operations, including those performed by employees or contractors. Sole proprietors are also responsible for paying their own self-employment taxes. Examples of sole proprietorships Freelancers, independent contractors, and gig workers...
Some professions requiring special certification or licenses—such as medical or legal practices—face limits on the types of business their practitioners can form. Depending on the state of incorporation, they may have to come together as a professional corporation or professional services corporation,...
Sole proprietors can hire staff but are still liable for all business operations, including those performed by employees or contractors. Sole proprietors are also responsible for paying their own self-employment taxes. Examples of sole proprietorships Freelancers, independent contractors, and gig workers...
Sole proprietors can hire staff but are still liable for all business operations, including those performed by employees or contractors. Sole proprietors are also responsible for paying their own self-employment taxes. Examples of sole proprietorships Freelancers, independent contractors, and gig workers...