Tax Planning - Business Structure

Choose your Business Structure

An important part of your financial budgeting process should include balancing your level of personal liability with the tax burden associated with the legal entity you decide to form.

Examples include:

• Sole Proprietorship
• Limited Liability Company (LLC)
• C-Corporation, Stock or Close (Inc.)
• and several others...

To evaluate the different types of business structures available, view the detailed explanations listed under Getting Started > Types of Companies.

Evaluate the Tax Burden of your Chosen Business Structure

Once you have decided on the business structure that is the best fit for your business needs, you should consider the tax requirements that accompany it. Here is a helpful template for evaluating the tax requirements of each business structure.

Business Structure Selector (xls, 43k)