Business Formation
Choose the Right Structure for Your Business
The way your business is legally structured affects everything from your personal liability to your tax bill. Understanding the options is the first step to building a solid foundation.
Sole Proprietor
If you earn money on your own and aren't a registered business, this is you by default. You and your work are legally the same.
No setup required
Easiest tax filing
Full personal liability
Higher self-employment tax
LLC (Limited Liability Company)
A formal business structure that legally separates you from your business, giving you a 'liability shield.'
Personal asset protection
Simple to manage
Flexible tax options
Setup and annual fees
S-Corp (S Corporation)
An S-Corp isn't a business structure, but a special tax status. An LLC can 'elect' to be taxed as an S-Corp to potentially save big on taxes.
Big potential tax savings
Liability protection
Stricter rules
Extra admin costs
Ready to make it official?
Let us handle the paperwork so you can get back to building your dream.