There are several ways to organize and operate a business. The particular business structure that you choose is very important and will significantly impact your liability exposure and income taxes. Some business structures provide liability protection while others do not. The income to you personally and available IRS deductions will also vary between the different business structures. Accordingly, it is very important that you consult with the attorneys at Bloch & Chapleau, LLC to help determine which structure is best suited for your type of business and individual goals.