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There are five
primary approaches
to help you determine which entity
is best in your situation:
1. Compare each entities pluses and minuses.
2. Start with gathering basic information, then
discuss your situation, then take your basic information and discuss
which entity.
3. Start with your outcome, and then focus on
taxes for the best entity. Then discuss each entity. Then comment
on asset protection.
4. Focus on different industries: real estate,
investment property, flippers, service business, product business,
stock trader, consultant, professional.then choose the best entity.
5. Focus on best choice from a tax point of view,
then from liability point of view.
We prefer a combination approach. You will be
asked a series of questions and then we will give you situations,
which may help you decide which entity is best for you. This section
of our site will give you a sample of what we may cover with you
when you call. Just by reading this section, you may have a better
understanding of what will be best for you.
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How to Keep Your Business in the Top 5%!