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 Home > Research > Which Entity? > There Are Five Primary Approaches .....

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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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Which Entity?

Which Entity is Best for Your Business?-Discover key questions you need to ask BEFORE you form your entity.

What is the Best Legal Structure; S Corporation, C Corporation or LLC? -A key set of reasons to help you determine what may   be the best entity in your situation.

There Are Five Primary Approaches to Help You Determine Which Entity Is Best in Your Situation

Fundamental Questions to Answer Before You Decide on The Best Entity

Service Owned Business: Examine with and without a Partner

A Product Oriented Business

Selling a Product with a Partner

Key Points for Certain Industries

California LLC vs an S corporation- Which is Better? - Learn why understanding state taxation is key!

If Your Business Venture Involves Financing or Net Losses, You Must Read This Section! - A simple S corporation may not    be the best entity when losses are involved.

Why be a Sole Proprietor when There are Better Options - Discover tax advantages with C corporation and S corporation.

Warning: Do You Have Multiple Corporations?- This common strategy may cost you more than you think!


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