Which Business Form Will Suit Your Needs?

Comprehensive planning is critical to the success of a new business venture. That process must include choosing a business form. We recommend that you include an Attorney early in these discussions because each business form has its own financial, tax, personal liability, and legal obligations.

We Help You Understand The Implications Of Your Chosen Business Structure

We caution against considering any one factor in isolation. For example, the income you earn in sole proprietorships, general partnerships, and some limited liability forms is taxed only at the personal level. Corporations do no offer that pass-through structure; they pay federal income tax at both the corporate and personal level. Yet corporations offer the most protection against personal liability for any business debts or legal obligations.

We Take The Time To Understand Your Business Needs

We take the time to really listen to our clients and learn about their business goals. That way, we can best help you weigh the pros and cons of each form, while guiding you through any legal requirements of maintaining your business status in Texas.

Corporations and limited liability companies, for example, must file organizing documents with the Corporations Section of the Office of the Secretary of State. Depending your business form, you may also need to register with any other states where you intend to conduct business. Limited partnerships, limited liability companies, and corporations are typically subject to this requirement.

Contact An Experienced Business Attorney

With a masters in taxation, Attorney Thomas G. Bassler can help your Texas business make sound decisions. To schedule your free initial consultation, contact us online or call 210-826-8885.