Starting a business begins with choosing the right legal and tax structure. Each option offers different levels of liability protection, taxation, compliance requirements, and flexibility. 

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Fictitious Name (DBA)

A fictitious name (DBA) lets you operate under a business name different from your personal or company name. It does not create a separate legal entity or provide liability protection, Best for:
Freelancers, small startups, and branding purposes.

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Sole Proprietorship

A sole proprietorship is a business owned by one person. The owner is personally responsible for all business debts and liabilities, and income is reported on the owner’s personal tax return, Best for:
Independent contractors and small single-owner businesses.

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Limited Liability Company (LLC)

An LLC provides liability protection by separating personal assets from business liabilities. It can have one or multiple owners and offers flexible tax options.

Best for, growing businesses and owners seeking liability protection.

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Partnership

A partnership is a business owned by two or more people who share profits, responsibilities, and liabilities. Income passes through to the partners’ personal tax returns.

Best for: Family businesses, joint ventures, and multi-owner companies.

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S Corporation (S Corp)

An S Corp is a tax election that may help reduce self-employment taxes by allowing owners to receive part of their income as distributions instead of salary.

Best for:Businesses with steady profits seeking tax-saving strategies.

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Our firm helps business owners choose the right structure, register their business properly, stay compliant with Federal, State & local authorities, and develop tax strategies for long-term success.