Services

We provide a comprehensive suite of Assurance, Finance, Tax, and Advisory services designed around your business needs.
From accurate reporting and proactive tax planning to FP&A, fractional CFO support, and strategic consulting, we bring clarity to complex financial decisions.

EXPLORE SERVICES

Entity Structuring

Proactive tax planning and advisory designed to support compliance, reduce surprises, and align tax decisions with your broader financial goals.

Structure With Strategy in Mind.

Structure Your Business With Intention.

The structure of your business can influence how it is taxed, how income is reported, administrative requirements, and the financial flexibility available as the business grows. The IRS recognizes common structures including sole proprietorships, partnerships, corporations, S corporations, and LLCs, while the specific tax treatment of an LLC can vary depending on ownership and elections made with the IRS.

North Gravitas provides entity structuring and tax advisory services to help business owners evaluate their current or proposed structure in the context of their financial objectives. We consider factors such as ownership, expected growth, tax treatment, compensation, distributions, investment plans, and future transactions to help you make a more informed structural decision.

Build the Right Structure for What’s Next.

Build the Right Structure for Where You're Going.

Entity selection should not be treated as a one-time administrative decision. As a business grows, adds owners, changes its operating model, attracts investment, or prepares for a transaction, the structure and federal tax classification may warrant another look. An LLC, for example, can receive different federal income-tax classifications depending on its number of members and elections made with the IRS.

North Gravitas looks at the broader financial picture before recommending a path. We help compare available structures, consider relevant tax implications, identify potential transition considerations, and coordinate the financial and tax aspects of implementation. Legal formation and state-law matters should be addressed with appropriate legal counsel because entity formation is governed by state law.

The right structure should support today’s business—and tomorrow’s strategy.

How we work

Our Entity Structuring Process.

A strategic four-step process that evaluates your business, compares structural options, and builds a tax-smart path for the future.

Step 01 - Understand
Start With the Business
We examine your ownership, business model, financial position, objectives, growth plans, and existing entity structure.
Step 02 - Evaluate
Compare the Options
We assess relevant entity structures and federal tax classifications while considering the potential tax and financial implications of each option.
Step 03 - Strategize
Build the Structural Roadmap
We develop a practical recommendation around entity structure, tax classification, ownership considerations, and potential future changes.
Step 04 - Implement
Put the Strategy Into Motion

We support the tax-side implementation, applicable elections, and coordination with your legal and financial advisors where needed.

Trusted By Leading Organizations

Our Outcomes

Insights That Shape Better Structures.

Entity structuring isn’t simply about choosing a legal form. It is about understanding how ownership, taxation, reporting, growth, and future plans interact.
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Common Business

Structures

Sole proprietorships, partnerships, corporations, S corporations, and LLCs are among the common business structures recognized by the IRS.
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Federal LLC Tax

Paths

Depending on circumstances and elections, an LLC may be treated federally as a disregarded entity, partnership, or corporation.

Strategic entity structuring that aligns your business structure with tax efficiency, growth, ownership, and long-term financial goals.

 
 
 

From our blog

Articles & Insights.

FAQ

Frequently Asked Questions

Why is business entity structure important for taxes?
The form of business you choose affects the federal income-tax return and reporting requirements that apply to the business. Legal and tax considerations both play a role in selecting a structure.
In many cases, yes. For federal income-tax purposes, an LLC may be treated as a disregarded entity, partnership, or corporation depending on its ownership and elections. An eligible LLC may make an election to be treated as a corporation, and qualifying businesses may elect S corporation treatment under the applicable rules.
It can be appropriate to revisit the structure when circumstances change—for example, when ownership changes, the business expands, investment is introduced, or a major transaction is being considered. The appropriate structure depends on the business’s specific circumstances and objectives.

Yes. We can provide tax and financial advisory support around restructuring and applicable tax elections, including helping evaluate the potential tax implications. Because entity formation and other legal matters are governed by state law, we coordinate with qualified legal counsel where legal services are required.