When choosing a business structure, the client, the accountant and legal counsel need to review different alternative formats and choices of entities to conduct business activities. Limited Liability Companies have been with us for approximately 25 years and are now probably the two to one favorite of entities formed in the United States for business activities. They offer the flexibility of the choice of taxation and at the same time provide a buffer and limitations liability to the owners.
CECB would be happy to discuss, with you, the pros and cons, as well as costs of different business formats. With the assistance of your accountant, we will help you make a decision how best to move forward and organize the entity of your choice.