LLC, S corp, C corp, partnership
Business Entity Structuring
Overview
Entity structuring is one of the three pillars of the practice. New businesses need it at the start. Existing businesses need it when they grow, take a partner, bring in investors, buy property or realize the structure they picked years ago no longer fits.
The conversation starts with your situation: expected profit, how many owners, whether you will pay yourself a salary, liability exposure, plans to sell or raise money, and where you operate. From there David recommends a structure, explains the trade-offs in plain language and handles the tax side of the setup: EIN, the S corporation election (Form 2553) or entity classification election (Form 8832), Texas franchise tax registration and payroll accounts.
Formation documents with the Texas Secretary of State are typically handled with an attorney or by the owner; David coordinates so the tax elections match the legal structure.
Who this is for
- Founders starting a new business in Texas
- Sole proprietors deciding whether to form an LLC or elect S status
- Partners formalizing a joint venture
- Companies planning to raise money or sell
- Businesses that outgrew their original structure
What to bring
Documents David will ask for.
- A short description of the business and who the owners are
- Expected revenue and profit for the first one or two years
- Whether owners will draw a salary and how profits will be used
- Formation documents if the entity already exists
- Prior returns if the business is changing structure
Worksheets
Fillable organizers for this service.
Questions
Entity structuring: common questions.
No. An S election can reduce self-employment tax once profit is high enough to justify payroll and the added compliance, but below that level a simple LLC taxed as a sole proprietorship or partnership is often the better choice. David runs the numbers for your situation.
David handles the tax side: elections, EIN, state tax registration and payroll setup. The filing with the Texas Secretary of State is simple to do yourself or through an attorney, and David will walk you through it.
Yes. The first meeting costs nothing, and the structuring engagement is quoted as a fixed fee before any work starts.
Free initial consultation
Talk to David about entity structuring.
Tell David what you need, by phone, email or Zoom, and get a fixed-fee quote before any work begins. In person in Austin, remote anywhere.