Select Page
Business Entity Consultations in Houston, TX

If you own a small business in Houston, TX, you may be wondering if you need a business entity consultation. The answer is that it depends on your specific business needs. However, in general, a business entity consultation can be very beneficial and vital for small businesses. Here are three reasons why:

  1. A business entity consultation can help you choose the right business structure.
  2. A business entity consultation can help you save money on taxes.
  3. A business entity consultation can help you protect your personal assets.

    1. Choosing the Right Business Structure

A business entity consultation can help you choose the right structure for your business based on factors such as the size of your business, the amount of liability protection you need, and whether you want to raise money from investors.

2. Saving Money on Taxes

A qualified tax professional can advise you on which tax benefits are available to you based on the type of business structure you choose.  For example, if you opt to form an LLC, you may be able to deduct certain expenses related to your LLC on your personal taxes but you may have to pay self-employment taxes. There are pros and cons to every entity type that you need to check as well.

3. Protecting Your Personal Assets

If your business is sued or incurs debt, your personal assets such as your home or savings account could be at risk unless you have formed a separate entity such as an LLC or corporation. Forming a separate legal entity can help shield your personal assets from liability arising out of your business activities.

A business entity consultation can be advantageous for small businesses in Houston, TX.  A qualified advisor can help you choose the right business structure, save money on taxes, and protect your personal assets from liability. If you’re not sure whether a business entity consultation is right for your small business, contact Molen & Associates today to find out more about how a consultation can help your business succeed.


The Molen & Associates Difference

Mike Forsyth

“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”

Caitlin Daulong

“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”

Sy Sahrai

“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”

Corporate Transparency Act – Beneficial Ownership Reporting: Are You Prepared?

he Corporate Transparency Act (CTA), enacted as part of the Anti-Money Laundering Act of 2020, introduces significant changes in beneficial ownership reporting requirements for certain entities operating in the United States. These regulations, set to take effect on...

The IRS is Cracking Down on S-Corp Salaries: How To Your Reasonable Compensation is Safe

The IRS is turning its attention to S-Corporations (S-Corps) and the salaries paid to shareholder-employees. Ensuring that you are paying yourself a "reasonable compensation" is crucial to staying compliant with the law and avoiding potential financial consequences....

Should You Be Making Quarterly Payments?

Tackling your taxes as a small business owner can often feel like a high-stakes game of strategy and a little guesswork. One of the key moves in this intricate game is mastering the art of quarterly tax payments. If you're looking to stay ahead in the tax arena and...

Slash Your Self-Employment Tax

Hey there, hardworking small business owners! Tax season is no walk in the park, but we've got a game-changing secret to share that could put more money back in your pocket. If you're tired of paying hefty self-employment taxes and want to keep more of your...

How Tax Planning Can Help You Grow, Preserve and Protect Your Wealth

Tax planning services from Molen & Associates help you make smart decisions regarding your taxes. We provide individualized advice and information that can save you money and protect your wealth. Our tax planning strategies go beyond just filing your taxes – we...

Why a Local Family Tax Firm is Your Best Co-Pilot in Space City!

Howdy, Houston small business owners! Tax time can be a real whirlwind, but fear not – we've got your back! When it comes to saving time, money, and headaches on your taxes, partnering with a local family tax firm can be the ultimate secret weapon. In this article,...

Uncovering the Top 5 Deductions to Save Time, Money, and Stress!

Howdy, fellow Houstonians! As small business owners in the heart of Texas, we know that taxes can be a daunting and complex puzzle to solve. But fret not, because today, we're here to equip you with some mighty tax hacks that will not only save you time and money but...

Streamline Your Finances with Molen & Associates: The Power of Corporate Accounting

In the fast-paced corporate world, managing finances with precision and expertise is paramount for the success of any business. Corporate accounting plays a vital role in ensuring that financial records are accurate, compliant, and capable of driving informed...

Mastering Your Numbers: The Secret to Small Business Tax Triumph!

Hey there, fellow small business owners! As entrepreneurs, we know that taxes can be a bit overwhelming, especially when you're trying to run a successful business. But fear not – we're here to equip you with the ultimate tax-saving superpower: mastering your numbers!...

Should I Get Life Insurance For My Kids?

Should I Get Life Insurance For My Kids? No parent wants to consider the possibility of collecting a death benefit on their child's life. And this is the reason many families are exploring the option of investing in a child life insurance policy to ensure their...

Request an Appointment Today

8 + 11 =

Call us at

Pin It on Pinterest

Share This