What is the best business entity type for my clients?
Choosing the best entity for your client is typically dependent on the particular circumstances involved, such as the size and nature of the company’s business, and number of owners or members and their respective rights and obligations. Many customers find that an LLC provides them with a simpler and more flexible way to protect their assets from claims that might result from their business or real estate investment. An LLC may have tax advantages over a corporation. For example, an LLC with one owner may not have to file a separate tax return and its profit or loss can be included in the owner’s personal tax return. A corporation must file separate returns.
