BUSINESS ENTITY ADVISORY AND STRUCTURING SERVICES
Choose the right entity structure to reduce taxes, protect assets, and support long-term business growth.
At Proffitt Corner Advisors, we look at your entity structure against your actual income,
ownership, and long-term plans to structure everything from start to end.
$1.3M+
Client Tax Savings
50+
States Served Nationwide
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- IRS Enrolled Agent
- Integrated Tax & Exit Planning
- Nationwide Client Base
- Confidential Advisory Process
THE IMPACT OF THE RIGHT BUSINESS STRUCTURE
Your entity structure is one of the few levers that directly control how much of your business income you actually keep. Most businesses are formed with a structure that made sense on day one. By year three or five, the business has changed, and the structure hasn’t. That gap costs money every year until someone closes it, and that’s exactly what Proffitt Corner Advisors does.
UNDERSTANDING BUSINESS ENTITY STRUCTURING SERVICES
Entity advisory is not the same thing as entity formation.
At Proffitt Corner Advisors, we look at your revenue, ownership, compensation strategy, and plans for the business, and tell you whether the structure you have is still the right one. Then we help you change it if it isn’t.
Entity Formation vs. Entity Advisory — Not the Same Thing
Forming an LLC costs $50–$500 and takes 15 minutes online. Entity advisory is the conversation that determines which entity to form, how to structure ownership inside it, how to compensate yourself from it, and how to build it so it still works when the business is 5x its current size.
When Businesses Should Actually Review Their Structure
Most businesses should check in every 2–3 years, regardless, because tax law changes, profit levels change, and ownership situations change, often without triggering an obvious reason to revisit the structure that’s been in place since year one.
Entity Structure Is a Long-Term Planning Tool, Not a One-Time Decision
The structure that’s right for a $300K revenue business looks different at $1.5M. Getting entity advisory early means you’re building toward the right structure, not fixing the wrong one later when it’s more expensive to change.
Entity selection services aren’t just for new businesses. Some of the most valuable work we do is for businesses that have been operating for 5–10 years and just never had this conversation properly.
CHOOSING THE RIGHT ENTITY FOR YOUR BUSINESS
The right entity structure depends on your profit level, ownership, growth plans, and personal tax situation. Here's what each one actually means and how Proffitt Corner Advisors evaluates which one fits your situation.
Flexible pass-through taxation
LIMITED LIABILITY COMPANY (LLC)
The most common starting structure for small businesses is often the right one. An LLC keeps things simple: profits pass through to your personal return, liability is separated from personal assets, and the administrative requirements are minimal compared to corporations.
Key Outcomes
- Best for businesses in early stages or with variable income
- Low compliance cost with no formal payroll required
- Flexible ownership and profit allocation between members
- Can elect S-Corp tax treatment without converting the entity
Payroll split for SE tax savings
S-CORPORATION (S-CORP)
The structure most business owners should be asking about once they’re consistently profitable. An S-Corp lets you split income between a salary and distributions. The salary is subject to payroll tax. The distributions are not. At $80K to $100K+ in profit, annual savings often clear $10,000 to $20,000.
Key Outcomes
- Best for profitable sole owners clearing $60K+ in net income
- Requires a reasonable owner salary, and we help set that correctly
- Payroll adds compliance cost, but the tax savings usually far exceed
- Can be elected through an existing LLC with no new entity required
Separate tax entity for growth
C-CORPORATION (C-CORP)
A C-Corp is a separate legal and tax entity where profits are taxed at the corporate level. For small profitable businesses, that sounds worse, and it usually is. But for companies planning to raise outside capital, issue equity compensation, or pursue a VC-backed growth path, C-Corp is often the only viable structure.
Key Outcomes
- Required for venture capital investment in most cases
- Flat 21% corporate tax rate that can be advantageous in certain scenarios
- Supports stock options and equity compensation for employees
- Delaware C-Corp is standard for startups pursuing institutional funding
Multi-owner flexibility
PARTNERSHIPS
Common for professional service firms, real estate ventures, and businesses with multiple owners needing customized profit-sharing. Unlike corporations, partnerships can allocate income, losses, and deductions to different partners in ways that don’t have to match ownership percentages.
Key Outcomes
- Flexible profit and loss allocations between partners
- Common for law firms, accounting practices, and medical groups
- Widely used for real estate investment structures
- Operating agreement flexibility gives partners significant control
COMPREHENSIVE ENTITY
STRUCTURING AND ADVISORY SOLUTIONS
Proffitt Corner Advisors works with businesses at every stage. Four service areas, all integrated with your broader tax and financial strategy.
NOT SURE IF YOUR CURRENT STRUCTURE IS COSTING YOU?
We offer a simple entity review. We look at your current setup, your numbers, and tell you honestly whether a change would be worth it.
HOW PROPER STRUCTURING IMPROVES YOUR BUSINESS
The right entity structure is one of the few things that pays for itself immediately. Usually, in the first year, often before the advisory fee is due. That’s what Proffitt Corner Advisors is built to deliver.
Reduced Tax Liability
Asset Protection
Better Cash Flow
Easier Funding Access
Scalable Structure
Simpler Compliance
OUR ENTITY STRUCTURING PROCESS
Our five-step process makes sure the structure actually works the way it's supposed to, and that's exactly how Proffitt Corner Advisors runs every engagement.
Review Business and Financial Review
We start by understanding what you actually have. Your revenue, profit, ownership structure, compensation, and where the business is headed. This isn’t a questionnaire. It’s a conversation.
Analysis Tax Impact Analysis
We model your situation under multiple entity structures with real numbers, not estimates. You see exactly what the tax difference looks like before you make any decisions.
Strategy Structure Recommendation
A clear, specific recommendation with no menu of options and no lack of guidance. We tell you what we think is right, why, and what it’s worth. If the answer is “your current structure is fine,” we tell you that too.
Execution Implementation
We coordinate the actual change covering entity elections, payroll setup, and legal coordination so the new structure is in place and operating correctly, not just recommended on paper.
Ongoing Structure Review
Entity advisory doesn’t stop at implementation. As your business changes, the structure should be checked, especially when profit grows, ownership shifts, or a major transaction is on the table.
WHAT SETS OUR ADVISORY TEAM APART
Entity structuring advice from someone who also does your taxes is of great advantage. Proffitt Corner Advisors understands every structure and suggests the best possible outcome that results in your favour.
We See the Tax Return, Not Just the Entity Type
We look at your complete tax picture before making any recommendations. An entity choice that looks good in the abstract can look different when applied to your specific return.
We Work Across All Entity Types With No Default Preference
We run the analysis and let the numbers decide. For some clients, staying in an LLC is the right answer. For others, the S-Corp election is a straightforward win. The recommendation follows the math, not a preferred position.
Multi-Year Planning Built Into Every Recommendation
Entity structure decisions that make sense this year can create friction in year three. We model the recommendation across multiple years, accounting for growth, ownership changes, and planned transactions, so the structure you implement still works in the long run.
We Stay Involved After the Structure Is Set
Entity advisory doesn’t end when the election is filed. We stay involved, reviewing the structure annually as part of your tax planning and flagging when a change would be worth considering as the business evolves.
FREQUENTLY ASKED QUESTIONS
It depends on your profit level, how you pay yourself, and what you're planning to do with the business. The S-Corp is the most underused structure for profitable small businesses. The self-employment tax savings from an S-Corp election are usually significant enough to make it worth the added compliance. For early-stage businesses, an LLC is almost always the right starting point. For businesses planning to raise institutional capital, a C-Corp is typically required. The right answer is specific to your numbers, which is why Proffitt Corner Advisors runs the analysis before recommending anything.
Probably, if your net profit is consistently above $60K to $80K and you haven't already. The S-Corp election lets you split your income into a salary and distributions. The salary is subject to payroll tax. The distributions are not. At $150K in profit with a $75K salary, you're removing $75K from self-employment tax exposure. The savings typically run $10,000 to $20,000 per year at that income level. The added compliance cost covers payroll and an extra return, usually running $1,500 to $3,000 annually. The math works clearly in favor of the election for most profitable small business owners.
The clearest trigger is a significant change in profitability, when your net income has grown to the point where the entity type you started with is no longer efficient. Other triggers include adding a partner or investor, expanding into other states, preparing for a sale or funding round, or realizing your personal and business taxes have never been planned together. There's also a timing consideration. The S-Corp election has filing deadlines that affect which tax year the change takes effect.
A few ways. First, some entities pay tax at the entity level, like C-Corps, and some pass income to owners to be taxed personally, like LLCs, S-Corps, and partnerships. Second, how you compensate yourself affects both personal income tax and payroll or self-employment tax, and different entity types handle this differently. Third, certain entities allow retirement contributions at higher limits than others. Fourth, the entity type affects how a future sale or exit is taxed. These aren't abstract considerations. They're real dollar differences that change based on which box is checked on your formation documents.
Yes, most changes are possible. An LLC can elect S-Corp tax treatment without formally converting. An LLC can convert to a C-Corp. An S-Corp can revoke its election. The earlier in the business's life you do this, the simpler and cheaper it tends to be. That said, it's never too late to review, and at Proffitt Corner Advisors, the right change at any stage is almost always better than staying in the wrong structure.
EXPLORE MORE SERVICES
YOUR ENTITY STRUCTURE IS EITHER WORKING FOR YOU OR COSTING YOU
Most business owners find out their structure was wrong when they’re already looking at the bill. A free review with Proffitt Corner Advisors takes about 30 minutes. We look at your current structure, your income, and your plans, and tell you exactly whether a change makes sense and what it would be worth.
No obligation. No pitch. Just a clear answer on where you stand.