Choosing the right form of entity for your business is vital. There are liability issues, tax strategies, and asset protection issues to consider. You must protect your personal assets and minimize your tax burden.
It’s always easier to make the right choice before you start a business, but even if you’re already in business, you should still review this.
Are you a corporation? An S or C corporation? A sole proprietorship? An LLC? Do you know why and are you taking advantage of the tax and liability protection that they offer? If you’re not sure of the answer, call or email me and I’ll help you learn the right answer.
I am an attorney in Colorado helping clients with proper entity selection for their business. I form corporations, limited liability companies, partnerships, and trusts as needed.
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by Steven Schlagel