The business entity—LLP, LLC, sole proprietorship, partnership, S corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
We take the time to educate you on multiple entity types, walk you through how each will affect your business and answer your questions.
Every business must fall under an entity type and the structure you choose directly impacts many areas of a business, including business size and operations, taxes paid, how profits are shared, your degree of ownership, and your liability. Let us help you start with a strong foundation by identifying the entity structure that is right for your business.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development we can advise you on choosing an entity type and later restructuring if advantageous.