Business Entities & Formation Guide

Compare business structures including LLCs, S corporations, partnerships, and C corporations. Choose the right entity for your business with comprehensive tax and legal comparisons.

Choosing Your Business Structure

Selecting the right business entity is one of the most important decisions you’ll make. These guides help you understand the tax, legal, and operational implications of each structure.

Comparison Resources

Business Entity Comparison Chart

2026

Side-by-side comparison of sole proprietorship, partnership, S corporation, and C corporation covering accounting, taxation, liability, ownership, and fringe benefits.

Business Entity Pros & Cons

2026

Detailed analysis of advantages and disadvantages of each business entity type to help you make an informed decision.

Entity-Specific Guides

Limited Liability Companies (LLCs)

2026

How LLCs are taxed, election options (default, S corp, C corp), single-member vs. multi-member, and operating considerations.

S Corporations

2026

S corporation election requirements, reasonable compensation rules, shareholder limitations, distributions, and pass-through taxation.

Compliance & Planning

Corporation Meeting Requirements

2026

Board meetings, shareholder meetings, corporate minutes, and maintaining the corporate veil.

Buy-Sell Agreements

2026

Structure buy-sell agreements, cross-purchase vs. stock redemption, insurance funding, and business succession planning.

Prior Year Resources (2025)

These guides reflect 2025 rules and limits. Refer to the 2026 versions above for current information.

Business Entity Comparison Chart

2025

Side-by-side comparison of sole proprietorship, partnership, S corporation, and C corporation covering accounting, taxation, liability, ownership, and fringe benefits.

Business Structure Pros & Cons Guide

2025

Detailed analysis of advantages and disadvantages of each business entity type to help you make an informed decision.

LLC Formation & Tax Guide

2025

How LLCs are taxed, election options (default, S corp, C corp), single-member vs. multi-member, and operating considerations.

S Corporation Tax Guide

2025

S corporation election requirements, reasonable compensation rules, shareholder limitations, distributions, and pass-through taxation.

Corporation Meeting Requirements

2025

Board meetings, shareholder meetings, corporate minutes, and maintaining the corporate veil.

Buy-Sell Agreement Guide

2025

Structure buy-sell agreements, cross-purchase vs. stock redemption, insurance funding, and business succession planning.

Partnership Tax Rules

2025

Partnership taxation, K-1 reporting, basis calculations, guaranteed payments, and special allocations.


Need Help Choosing?

Entity selection should be based on your specific circumstances. Contact us for personalized guidance.

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