Business Formation, Choice of Entity, and Dissolution
Many years ago, it was very simple to choose a business entity and begin operations; today the choices are more complex.
We can assist you in choosing the right type of entity: a C-corporation, an S-corporation, a limited liability company (LLC), a partnership, a sole proprietorship, or a single member limited liability entity. Many decisions made at the formation stage of a new business affect the business’s operations and may have significant tax consequences. Rely on our expertise to guide your choices at this pivotal stage in your business.
We have significant experience in the formation of not-for-profit organizations, which require certain tax elections depending on the type of organization. We have assisted business and civic organizations, charitable and religious organizations, and fraternities and sororities, among other various types of not-for-profits. If you are considering a not-for-profit, we can walk you through the options and issues that will arise.
Finally, all entities eventually come to an end. The methodology for dissolution of various business entities can be complex, with many tax and legal consequences. We have assisted with the dissolution of businesses on many scales.