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proprietor |
Also found in: Dictionary/thesaurus, Legal, Financial | 0.07 sec. |
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proprietor 1. an owner of an unincorporated business enterprise 2. a person enjoying exclusive right of ownership to some property 3. US history a governor or body of governors of a proprietary colony How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Because most sole proprietorships use the cash method, a sole proprietor considering conversion to an LLC taxed as a partnership needs to determine whether the cash method will still be available. Sole proprietorships and family partnerships without any payroll will also be frustrated. New business owners (and most business owners) operate as sole proprietorships and need to understand the three basic IRS forms for sole proprietor tax reporting and payment. |
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