The IRS only knows two types of businesses, C-corps and S-Corps. S-Corps are usually the sole proprietorships.
States know businesses as profit, non-profit, and LLC. I know many people that have registered S-Corps and haven't had a problem with the IRS. --- In [email protected], "wtftoadsoup" <[EMAIL PROTECTED]> wrote: > > It might be better to form an LLC for your business. Operating as a > sole proprietor that loses money sometimes looks just like a hobby to > the IRS. > > > here is a bit of information on both entity types > > http://aridni.com/2007/01/the-lowdown-on-the-llp-and-the-llc-for-any-company/ > http://aridni.com/2007/01/the-good-the-bad-and-the-sole-proprietorship/ >
