Incorporating a business not only reduces your personal liability but also provides you several tax advantages that are not available to individuals. Each entity type has its own advantages and disadvantages. While flexibility of operation and tax liability are usually the main driving factors, there are many other factors that must be taken into account in determining the type of entity that needs to be created. While some entities offer more flexibility of operation they often come with some tax disadvantages. Understanding and balancing various factors is extremely important.
We provide expert advice in help you create the following type of entities :
- C Corp
- S Corp
- LLC
- Partnership
- Not-for-profit
