Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. Understanding your client’s legal entity and how they should be compensated can make a world of difference in your work with US clients. Today I’ll help explain the different tax forms and compensation methods for each type of legal entity, including Sole Proprietorships, LLCs, S Corporations, Partnerships, and C Corporations.So keep reading or click the video below to hear my insights for bookkeepers: what you need to know about legal entities and owner compensation.