One of the most important questions to address when starting a new business is “How can I structure my business to get the most tax benefits with the least tax liability?” The tax implications arising from choosing a certain structure for your business can be very complex as every business situation is unique. A variety of factors such as type of service provided, hiring requirements and start-up resources can have varying tax consequences which are situation specific. At our firm we will guide you through the process so that you can maximize your investment and make an informed decision regarding what type of entity classification is right for you and your business.
We understand the intricacies that arise from conflicts between State and Federal law which most often occurs with State Limited Liability Corporations. At our firm, we will help guide you through the Federal classification process when your business is formed under State law that is unrecognized by the Federal government.