Entity Types for Businesses
Pick the entity that fits, and run it so it holds up
Entity choice drives everything after it, and the internet gets it wrong most often. This track teaches the difference between what you form at the state and how the IRS taxes it, then takes apart the LLC, S corporation, C corporation, and partnership, and finishes with how to move between them.
Owners choosing an entity, reconsidering one, or cleaning up a bad choice.
This track is for you if
- You are choosing an entity for a new business
- You suspect your current entity is the wrong one
- You have partners and need the tax terms in writing
How the track builds
- 01
Start with the full entity map and tax classification
- 02
Form and run an LLC that actually protects you
- 03
Decide whether an S or C corporation saves you money
- 04
Finish with partnerships and changing entities without a surprise bill
Courses in this track
- 5.1
The Entity Map: Sole Proprietor, LLC, Partnership, S Corporation, C Corporation, and How Tax Classification Works
Coming soonSee the whole landscape of business entities and understand the difference between what you form and how the IRS taxes it, so every later choice makes sense.
- 5.2
The LLC Explained: Single-Member, Multi-Member, and the Operating Agreement
Coming soonForm and run an LLC that actually protects you, with an operating agreement that handles the situations that break businesses.
- 5.3
The S Corporation: Election, Reasonable Salary, Basis, and the Traps That Blow It Up
Coming soonDecide whether an S election saves you money, make the election correctly even if you are late, and run the S corporation so you never lose the status.
- 5.4
The C Corporation: Double Tax, the Flat Rate, and the Qualified Small Business Stock Prize
Coming soonUnderstand when a C corporation beats a pass-through, how to live with double taxation, and how qualified small business stock can make a sale tax-free.
- 5.5
Partnerships and Multi-Owner Businesses: K-1s, Basis, Allocations, and the Partnership Agreement
Coming soonUnderstand how a partnership or multi-member LLC is taxed, read your own K-1, and put the tax provisions in your agreement that keep partners from fighting.
- 5.6
Changing Your Entity: Conversions, Elections, and Fixing the Wrong Choice
Coming soonMove from one entity or tax status to another with the right election, in the right order, without triggering a tax bill you did not expect.
What every course includes
- A narrated lesson of 45 to 60 minutes, produced as audio
- A designed slide deck you download and keep
- A computational workbook that runs the actual legal tests
- A toolkit of checklists and protocols
- A legal authority appendix carrying the two-pass vetting protocol
Want this applied to your facts?
The curriculum teaches the framework. If you would rather have it run against your own returns and structure, that is the paid consult track.
Educational material from the private client curriculum of Brian T. Boyd. This is legal education for a general audience, not legal advice, and no attorney-client relationship is created by purchasing, viewing, or using it. Tax outcomes depend on your facts and your state.