A change of entity status can have large, long-term tax implications. Planning is needed to avoid extra taxes on the…read more
Malpractice liability is the biggest concern. You cannot be protected again malpractice liability in your own practice, however, there are…read more
A pass-through entity is best, as it eliminates taxes on the entity as a whole. Instead, owners of the entity…read more
Yes. Limited liability companies (LLCs), limited partnerships, limited liability partnerships (LLPs), and corporations all limit liability in some way.