Effective Entity Selection to minimize income tax ----- and employment tax consequences.
Limited Liability Company - excellent for businesses with large capital expenditures to allow loss recognition for income tax planning. HOWEVER, this entity can increase Self-Employment Tax ("SECA")
S Corporation - excellent for service businesses that generate revenue recognition to the shareholders but affords shareholder distributions exempt from employment tax.
C Corporation - allows for business holding that is not considered "income" for Social Security determination purposes. Also, different types of stock (common stock and preferred stock) to guarantee payment of income to outside investment capital ("investors").
Structuring of Corporate Sale of Business to minimize the tax liability --- and effectively transfer some or all of the assets
