Snow Jensen & Reece, P.C.

Offering Professional Legal Services to
Individuals and Businesses Since 1986

Call Us Today 866-602-1762


Posts tagged "choice of entity"

Incorporating? Have you considered whether to choose a C or an S?

If you’re starting a business, you’ve probably heard there are good reasons to set it up as its own entity instead of running it as a sole proprietorship. Having a separate business entity goes a long way toward preventing business losses from affecting your personal assets, and there are tax advantages that may apply as well.

Think your startup is too small for legal mistakes? Here are 5

Every business starts small, over even home-based. If it’s in operation, no company is too small to run into serious legal problems, and you need to take them seriously. That means choosing and forming the appropriate legal entity, developing written contracts, and setting up policies and procedures.

Recent Tax Court case doesn't mean you shouldn't set up an S corp

There are many factors to take into account when choosing the most favorable business entity for your start-up, such as management style, the source of your financing, what kind of products or services you offer, liability risk, and tax considerations.