Selecting The Right Entity 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, Shilts CPA can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Some of the more common types of business structures you may choose include:
The tax team at Shilts CPA can help navigate these options from company inception through growth and development. Our professionals explain the benefits and drawbacks of each entity type and the tax impact on both ownership and the business itself. In addition, we also work with companies on entity restructuring and related analysis.
When you are ready to purchase an existing business, or you’re thinking about a new company, you’d like to start here in the Tri-State area, you first must decide which type of organization (or “business entity”) is the right one for your business. There are advantages and disadvantages to each business types, whether you’re considering a C corporation, an S corporation, or an LLP.
At Shilts CPA our accountants will consult with you on which type of business is most beneficial to your particular situation before you make a final decision. 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 doing so presents an advantageous situation. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.