Not consulting with a tax advisor to determine the most advantageous tax structure

Jun 1, 2021 ... Yes, Licensed Therapists Should Incorporate Using A PLLC or PC · While the state of Michigan does not require therapists to incorporate, yes, ... Oct 7, 2021 ... PLLCs and LLCs are exactly the same, except a PLLC is for licensed professionals and an LLC is for everyone else. Jul 23, 2020 ... PCs have stockholders rather than members, which enables more people to financially be involved than in a PLLC. It is a simplification to say ... May 29, 2023 ... New York PLLC Requirements · PLLCs must prepare and submit appropriate documents for formation · The New York State Education Department must ... Mar 28, 2023 ... A Limited Liability Company is also known as an "LLC," a popular business entity that incorporates the flexibility and limited liability protection of a ... A PLLC is formed by filing Articles of Organization pursuant to Section 1203 of the Limited Liability Company Law. “Profession,” as defined in Section 1201(b) ... Apr 15, 2020 ... Texas PLLCs differ from Texas LLCs in that PLLCs are formed specifically for individuals providing professional licensed services. Apr 30, 2019 ... A Washington PLLC is formed by filing a single document—the certificate of formation—with the Washington Secretary of State ... New Mexico, for example, does not have the option to form a PLLC. As we noted earlier, licensed professionals form PLLCs for the benefit of certain liability ... Nov 30, 2023 ... While many independent contractors prefer LLCs for their flexibility, some professionals will benefit more from forming a PLLC.