Many small business owners decide to form a separate entity for their business (rather than owning it personally). Once this decision is made, there are five important elements that must be considered before filing formation documents. The decisions around your new entity include selecting: entity type, formation state, entity name, tax status, and a registered agent. Check out this infographic to answer these five questions with confidence.
ComplianceLegalFinanceTax & AccountingNovember 24, 2020|UpdatedMarch 12, 2021
5 Questions Small Business Owners Must Answer When Forming an Entity (Infographic)
Related Popular Resources
Related Insights
-
ArticleComplianceLegalTax & AccountingJuly 17, 2025
The price of knowledge: why professionals must invest in their research solution
With free resources such as ChatGPT and Microsoft Copilot at your fingertips, have you thought about how much that free option could really cost you or your firm? -
ArticleComplianceFinanceJuly 13, 2025
What’s driving the asset liability management (ALM) Resurgence?
Discover what’s driving the resurgence of asset and liability management (ALM). Explore how modern tools, credit risk integration, and real-time analytics are transforming ALM from a reporting function into a strategic decisioning platform. -
ArticleTax & AccountingJuly 04, 2025
Digital Currency Taxation in Malaysia
As digital currencies gain increasing prominence, High-Net-Worth Individuals in particular are showing increased interest in digital assets as part of their wealth diversification strategies. -
Case studyTax & AccountingMay 02, 2025
CCH Integrator Delivers Deferred Tax Clarity for Intrepid Travel
A case study and review of Wolters Kluwer CCH Intregrator Direct Tax Provisioning by a rapidly growing international business
