#BusinessFormation Archives | Hutchinson and Bloodgood LLP

What’s the right entity type for your new business?

A critical part of starting a business is deciding how to structure it — and there’s no universal “right” choice. Find out how two popular entity types compare.

June 29, 2026

Start-ups must choose a legal entity for their business activities. The type of entity you select affects how the business is taxed and who may be held personally liable for its debts and obligations, among other things. Two popular options — assuming you’re going into business with one or more other people — are S […]

#BusinessFormation, #SmallBusiness, #TaxPlanning

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Tax Planning

Exploring business entities: Is an S corporation the right choice?

The,concept,of,teamwork,and,partnership.,businessman's,hands,putting,together

March 10, 2025

H&B

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture. One benefit of an S corporation One major advantage of an S corporation over a partnership is that shareholders aren’t personally liable for corporate debts. To ensure this protection, it’s crucial to: Adequately […]

#BusinessFormation, #SCorporation, #SmallBusiness, #TaxPlanning

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