Practical guidance on the legal and strategic questions facing closely-held and family-owned businesses.
A series exploring the legal decisions every business owner faces at formation — from choosing the right entity to planning an exit strategy from day one.
Starting a business is exciting, but selecting the appropriate legal entity is one of the most critical early decisions. This article breaks down the key considerations — liability, taxation, administration, and more.
Planning an exit strategy might seem premature when just starting out, but defining this path early can steer every major decision with purpose.
The LLC is one of the most popular business structures for startups — and for good reason. This article covers the key benefits, formation steps, and when an LLC is the right fit.
Corporations provide strong liability protection and are ideal for companies planning to raise capital or go public. A closer look at C-Corps, S-Corps, and the formation process.
A series demystifying how different business structures are taxed — with consistent examples to make comparisons clear and actionable.
When you start a business, how it will be taxed is one of the most important decisions you'll face. This overview compares pass-through and corporate taxation in plain English.
C Corporations are distinct legal entities with exposure to double taxation. This article walks through the mechanics, current rates, and a side-by-side tax example.
S Corporations avoid double taxation while offering liability protection. Learn about eligibility, reasonable compensation rules, and state-specific treatment.
Partnerships offer flexibility in profit-sharing and management, but partners face unique tax obligations — including the phantom income rule.
These articles provide general information, but every business is different. Book a consultation to discuss your specific situation.