Real Estate CPA Tax Expert

The Latest Tax Law
Changes & Issues

Capital Gains Tax Strategy Analyzer Software

Business & Tax Entity
Selection Guide
Making the Right Choice

Worker, Homeownership, and Business Assistance Act of 2009

Chances of being audited

American Recovery &
Reinvestment Act of 2009

   Part I - Businesses
   Part II
   Part III

   Part IV - Individuals
   Part V - Health Care

   Part VI - Energy Credits

Debt Forgiveness Rules
New Vehicle Tax Deduction
FY 2010 Budget Proposal
Net Operating Loss Planning
 Stabilization Tax Act
2008 Stabilization Tax Act
2008 Tax Act Key Changes
2009 Business Mileage Rate
IRA Tax Strategies
IRA/Roth Rollover
HSA 2009 Rates
Abandoned Securities
Partnership Fringe Benefits
2008 Individual Tax Changes
Zero Capital Gain Tax in 2008
Recent Tax Developments 2008
2008 Non-Business Tax Changes
2008 Recent Tax Developments
2008 Tax Stimulus Package
2008 Tax Stimulus Update
2008 Tax Stimulus - More Info
2007 Tax Law Changes
2007 Mortgage Forgiveness Act
2007 Technical Corrections Act
Prepaid Mortgage Ins Premiums
LLC and Employment Taxes
Spousal Partnership Rules
S Corporation Name Change
Payroll Taxes Recurring Item
HSA Comparability

Business and Tax Entity SelectionBusiness & Tax
Entity Selection

Making the Right Choice
Douglas Rutherford, CPA

Table of Contents

UPDATED for through 2012

As a CPA, my clients constantly ask me what entity they should form for their business or investment activity.

Should it be an S corporation? How about an LLC? I plan to raise capital, does that matter? I am planning to purchase several single-family homes... should I form a C corporation?

Obviously answering the question of entity choice is best answered sooner than later, but issues like income taxes, legal protection, partners, ease of doing business, and many others can make choosing the right entity complicated.

With our new Business and Tax Entity Selection guide, you can get the help you need to make the right choice. Our 98-page guide walks you through the advantages and disadvantages of each entity type:

  • Sole Proprietorships

  • Partnerships

  • Single-Member LLCs

  • Multi-Member LLCs

  • Corporations and

  • S-corporations. 

We compare and contrast each entity and provide the necessary guidance to help you make the right entity choice for your new or existing business.

We have also included comprehensive easy-to-read comparison of advantages/disadvantages summaries:

Appendix A Side-by-Side Comparison of Entity Choices
Appendix B Self-Employment & FICA Tax Treatment of Pass-Through Income
Appendix C Major Advantages and Disadvantages of Each Entity
Appendix D Summary of Available Corporate Entities
Appendix E Summary Comparison of Various Partnership/LLC Entities

Warmest regards,

Douglas Rutherford, CPA