Project Description
Business Entity Formation in Los Angeles | Start Your Business on The Right Foot
The first, and perhaps most important, step you take when starting a business will be the tax entity you choose to operate under. How you establish your company will make a difference in how much personal risk you are willing to take, whether partners can readily invest and even how you draw your paycheck or invest in your success.
Why hire a tax attorney?
Choosing the right form of entity for a new business venture in Los Angeles can make a huge difference. This difference is apparent in both the tax liabilities faced by the business and its owners and the amount of after tax cash left in the owners’ hands upon exiting the business. For example, a hasty decision to operate as a C corporation can leave the owners facing double taxation of ongoing earnings and an exit tax approaching half the proceeds of the sale. In contrast, the same business, operated as a pass through entity, would be free from double taxation. We work closely with entrepreneurs and existing businesses in choosing among limited liability companies (LLCs), partnerships, S corporations and C corporations as the vehicle for the business.
Contact the firm to schedule a consultation. Attorney Michael Blue can help you choose the right form of business organization for your enterprise.
Learn How Our Los Angeles Tax Controversy and Litigation Law Firm Can Assist You and Protect Your Interests.
We routinely represent individuals and businesses in complex tax litigation matters in the city of Los Angeles and surrounding areas. To schedule your free, no obligation, and confidential consultation with one of our experienced tax attorneys, please call 833-786-7829 or contact our law firm online.
Practice Areas
Business Entity Formation in Los Angeles | New Laws Impacting Business
The first, and perhaps most important, step you take when starting a business will be the tax entity you choose to operate under. How you establish your company will make a difference in how much personal risk you are willing to take, whether partners can readily invest and even how you draw your paycheck or invest in your success.
Why hire a tax attorney?
Choosing the right form of entity for a new business venture in Los Angeles can make a huge difference. This difference is apparent in both the tax liabilities faced by the business and its owners and the amount of after tax cash left in the owners’ hands upon exiting the business. For example, a hasty decision to operate as a C corporation can leave the owners facing double taxation of ongoing earnings and an exit tax approaching half the proceeds of the sale. In contrast, the same business, operated as a pass through entity, would be free from double taxation. We work closely with entrepreneurs and existing businesses in choosing among limited liability companies (LLCs), partnerships, S corporations and C corporations as the vehicle for the business.
Contact the firm to schedule a consultation. Attorney Michael Blue can help you choose the right form of business organization for your enterprise.
Learn How Our Los Angeles Tax Controversy and Litigation Law Firm Can Assist You and Protect Your Interests.
We routinely represent individuals and businesses in complex tax litigation matters in the city of Los Angeles and surrounding areas. To schedule your free, no obligation, and confidential consultation with one of our experienced tax attorneys, please call 833-786-7829 or contact our law firm online.
Practice Areas
Business Entity Formation in Los Angeles | New Laws Impacting Business
The first, and perhaps most important, step you take when starting a business will be the tax entity you choose to operate under. How you establish your company will make a difference in how much personal risk you are willing to take, whether partners can readily invest and even how you draw your paycheck or invest in your success.
Why hire a tax attorney?
Choosing the right form of entity for a new business venture in Los Angeles can make a huge difference. This difference is apparent in both the tax liabilities faced by the business and its owners and the amount of after tax cash left in the owners’ hands upon exiting the business. For example, a hasty decision to operate as a C corporation can leave the owners facing double taxation of ongoing earnings and an exit tax approaching half the proceeds of the sale. In contrast, the same business, operated as a pass through entity, would be free from double taxation. We work closely with entrepreneurs and existing businesses in choosing among limited liability companies (LLCs), partnerships, S corporations and C corporations as the vehicle for the business.
Contact the firm to schedule a consultation. Attorney Michael Blue can help you choose the right form of business organization for your enterprise.
Learn How Our Los Angeles Tax Controversy and Litigation Law Firm Can Assist You and Protect Your Interests.
We routinely represent individuals and businesses in complex tax litigation matters in the city of Los Angeles and surrounding areas. To schedule your free, no obligation, and confidential consultation with one of our experienced tax attorneys, please call 833-786-7829 or contact our law firm online.