There are different types of tax entitiesAnyone who's ever bought clothes "off the rack" knows the importance of buying something "in your size". The same goes for the type of tax entity you select to operate your business within.
Making the decision of which type of entity depends on a number of factors and choosing the wrong one may cost you in the long run.
You may start out with one (sole proprietorship) and then migrate to a corporation when the advantages begin to outweigh the downside.
No entity is perfect but you need to select one and then have it tailored to your needs. We can help with that.
I am a CPA in San Antonio and provide bookkeeping, payroll and taxes for individuals and small businesses. We provide a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 05/28/2011