The Franchise Tax Board (FTB) in California has written useful material to help explain the various types of business entities that can be formed in California. A business attorney with knowledge about the benefits and tax implications of these types of entities should be consulted before one is formed. But to give you some useful background information about choices that can be made when forming your business, please read the highlighted topics.
Consult with Mitchell A. Port, a business attorney in Los Angeles, for more assistance when selecting and forming an entity. Call (310) 559-5259.