In general, your choice of entity is the determining factor in how your company is taxed. Planning for choice of entity is hugely important for whether taxes are paid on the entity or the individual level. Entity selection will affect the character of certain income, how different deductions may be taken and even the reporting requirements for shareholders/partners.
It is crucial to choose the right kind of entity for your business, and PKM will lay out the pros and cons of every option, while staying current on the various filing and reporting requirements affecting your business. Once entity selection has been made, PKM will work with you to ensure that you make the most of your organizational decision, treating your business as if it were our own.