For small business owners in Texas, the LLC is the most popular and easiest type of legal entity to form for operating their business. But unfortunately, that doesn’t mean forming an LLC in Texas is exactly simple. Therefore, I have created a 5-step process to guide new business owners through the LLC formation and registration process in Texas. Additionally, I have included instructions at the end on how to apply for your federal Employer Identification Number. Note: For the

Welcome back! In part 1 of this series , we took a look at the liability protection and federal tax treatment for some of the easiest to form and understand business entities in Texas. In part 2, we’ll take a look at those issues for the remaining two business forms. Although they’re more complex to form and operate, they also provide the most liability protection and tax flexibility. First up is the corporation . The corporation is the most complex and formal of the business

If you are thinking about forming your own business in Texas, there are lots of options out there in terms of what form your business should take - an LLC, a corporation, a partnership, and several more. In this post, I’ll share some quick insights into why you may want to choose a particular business form over another. Most of my clients contemplating this question have two major considerations: liability protection and federal tax treatment. Liability protection means wheth