Contractor Entity Type Tracker: Sole Proprietor, LLC or Corporation

Entity types table from the Settings tab listing ten types such as individual or sole proprietor, single-member LLC, S corporation and C corporation

You pick each contractor's entity type from a list of 10, from sole proprietor and single-member LLC to S and C corporation. It's on the Settings tab, so you can edit it. Entity type feeds the contractor's status in the Year Summary. Defaults are a starting point: verify on IRS.gov. Educational template, not tax advice. Template created using AI tools and reviewed by the shop owner.

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