Tax Structure for Family Businesses

This event has been cancelled. It will be rescheduled to a later date.

Family-run businesses need structure and careful planning to succeed. Which tax structure is best for a family business? 

This FREE Small Business Tax Workshop will address the tax implications of family businesses that operate in one of several ways listed below. Family businesses are generally structured and run in one of these ways:

• Owned and operated by one individual, such as the founder. Other family members may be employed by the company.
• Owned by multiple family members, but operated by only select family members. Inactive shareholders delegate decision-making authority to others for the family’s collective interest.
• Owned by multiple family members who may or may not be involved in the management of the business. Often in long-established businesses, outside management teams may run the company with family members/shareholders serving on the board of directors.