In California, there are lots of different ways an organization can be formed.
Those working by themselves have a wide range of choices, from sole proprietorship to incorporating as a corporation or a limited liability company (LLC)
Those working with others can form a partnership, a corporation, or an LLC.
Different professions are eligible to incorporate as different entities - for example, lawyers can organize as an LLP - limited liability partnership.
Oftentimes, the difference in requirements may be small, but the consequences of picking the wrong ones can result in a much larger than necessary tax bill. Our firm can help guide you on what the best structure for your firm is.