Entity Formation
Protect Your Business and Assets

Forming a new business entity is one of the most important steps in protecting your personal assets. Our expert team can help you choose the best structure for your business, and set up your company quickly and efficiently.

Ready to file your business taxes? Don’t worry! Fiscal Integrity Group can help you file your taxes and optimize your tax savings. Contact us! →

Understanding Entity Formation: The Basics

  1. Separate Legal Entity:
    Forming a business entity creates a separate legal entity from its owners, protecting your personal assets from business liabilities.
  2. Limited Liability:
    This separation shields your personal assets (home, car, savings) from business debts or lawsuits.
  3. Entity Formation:
    Depending on the entity type, you may enjoy tax benefits like lower rates or deductions.
  4. Credibility and Trust:
    A formal entity structure enhances your business's credibility and makes it easier to secure funding or partnerships.

Choose the Right Entity Type: Inc., LLC, S-Corp, C-Corp, Partnership, or Sole Proprietorship...

Incorporation (Inc.)

Incorporation (Inc.) provides liability protection, separating your personal assets from business liabilities.

LLCs

LLCs offers pass-through taxation and liability protection, making it a popular choice for small businesses.

S-CORP

An S-Corp provides pass-through taxation, meaning profits and losses are reported on your personal tax return, avoiding double taxation.

C-CORP

A C-Corp offers greater flexibility for raising capital and is suitable for larger companies with complex ownership structures.

Partnership LP/LLP

  • Partnerships provide partial asset separation. LPs and LLPs offer stronger protection.
  • Partnerships offer some personal asset protection; LPs/LLPs increase it.
  • While not as robust as incorporation, partnerships do separate assets. LPs/LLPs offer improved protection.

Sole Proprietorship

  • Sole proprietorships offer no legal separation; personal and business assets are fully combined.
  • In a sole proprietorship, personal assets are at full risk for business debts.
  • Sole proprietorship: No asset protection.
  • Sole proprietorships provide no distinction between personal and business liabilities.

Advantages For Entities

Built on integrity and expertise, our firm delivers exceptional personalized service that goes beyond standard accounting practices.

Limited Liability Protection

Pass-Through Taxation

Fundraising Potential

Protect Your Business & Investment With:

Registered Agent Services

  1. Registered agents accept legal documents on behalf of your business.
  2. Registered agents ensure your personal address is separate form your business address. Hide your home address.
  3. Registered agents ensure you receive important legal and tax notices.
  4. Registered agents provide a reliable point of contact for official business correspondence.
  5. Registered agents maintain your business's legal compliance.
  6. Registered agent: Official legal document recipient.

Charging Order Protection Services

  1. Charging orders limit creditors to business distributions, protecting business assets.
  2. Charging order protection: Creditors can only access profits, not seize assets.
  3. Charging orders restrict creditor access to business profits, not ownership.
  4. Charging orders protect business assets by limiting creditor access to distributions.
  5. Charging order: Creditors get profits, not the business.

Advantage of Registered Agent Services

  1. Flexibility: Registered agents are available during normal business hours, allowing business owners to operate outside traditional hours or travel frequently.
  2. Privacy: The registered agent's address is used for public records, keeping the business owner's personal information private.
  3. Reliability: They ensure timely receipt of important documents and legal notices.
  4. Convenience: Registered agents handle document management, freeing up time for business owners to focus on growth.
  5. Compliance support: They often offer additional services like compliance monitoring and training.
  6. Multi-state representation: Registered agent entities can provide services across multiple states, facilitating business expansion.
  7. Professional expertise: They typically have trained professionals with extensive knowledge of state regulations and compliance requirements.


Advantage of Charging Order Protection

  1. Asset protection: It exempts the business assets of an LLC and its members from personal liabilities of individual members.
  2. Business continuity: The protection ensures that the LLC's operations remain uninterrupted, even when a member faces financial troubles.
  3. Limited creditor access: Creditors are restricted to receiving only the debtor-member's distributions, without gaining voting rights or management authority.
  4. Multi-member LLC protection: In multi-member LLCs, the protection is stronger as it safeguards all members' interests from an individual member's debts.
  5. Privacy: It helps maintain the separation between a member's personal financial issues and the LLC's business activities.


Client's Testimonials.

Our clients' success stories speak volumes about our commitment to excellence and personalized service.

Wagner, Manufacturing CEO

Fiscal Integrity Group transformed our financial management. Their expertise in manufacturing accounting is unparalleled.

Kara, Small Business Owner

Their tax strategies saved us thousands. I can't recommend them enough for small businesses.

Robert & Mary K., Retirees

FIG's personal tax services have made our retirement planning so much easier and more profitable.

Book A Free Consultation

Drop us a line! We are here to answer your questions because the first step to hassle-free accounting, tax returns, and tax planning starts by reaching out to one of our representatives.