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Looking For Advice When Incorporating in Georgia

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Incorporation: Choosing a Business Entity Type The Advantages and Disadvantages of Incorporating as a Subchapter S Corporation, C Corporation, Limited Liability Company or Partnership When looking at what type of entity your business should be, we strive to balance the legal protection issues vs. the tax savings. Over the years, we have developed the mindset that there is no perfect election but there are ones that are better than others. The information below and the assumptions we make are based upon the fact that my clients tell me that they want to pay as few tax dollars as legally possible. Below are some very specific rules, as well as some generalities. If you are considering incorporating in Georgia, we suggest that you sit down with a tax professional to see how these guidelines relate to you.

Tax Effects of Entity Choice when Incorporating Carefully considering the tax effects of your entity choice is essential to getting your business off on the right foot. Being careful to avoid, if at all possible, the double taxation of C Corporations and then selecting the right entity for your business from both a tax and legal perspective is critical. To see an example of the tax effects of entity choice visit http://www.hiscpa.com/article6.html

Top 10 Things to Consider When Incorporating in Georgia http://www.hiscpa.com/blog/2012/01/13/top-10-things-to-consider-when-incorporating-georgia/

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