A sole proprietorship has no legal separation between the individual and the business. Business income is reported directly on the owner's personal tax return, and the owner is personally responsible for all debts and obligations.
A partnership involves two or more individuals operating a business together. Income typically passes through to the partners' personal tax returns, and liability depends on how the partnership is structured.
An LLC is a business structure allowed by state law and is one of the most commonly chosen and most misunderstood.
By default, a single-member LLC is treated as a disregarded entity for tax purposes, meaning:
Many business owners choose an LLC without fully understanding how taxation and reporting work.
An S-Corporation is not a business entity, but a tax election. Income passes through to the owner's personal tax return and is subject to specific IRS rules and limitations.
A C-Corporation is a separate legal and tax-paying entity. The corporation files its own tax return and income does not automatically pass through to the owner personally. This structure is often used for scalability, separation, and long-term planning.
Once a structure is selected, MAC manages the formation process end-to-end, reducing errors and confusion.
Understand their structure before filing
Avoid mistakes in formation or paperwork
Build a strong foundation for future growth
Operate with professionalism and clarity from day one
Pricing
Complete your business diagnostic
Receive guidance on structure selection
Create your portal account
Follow guided onboarding steps
Complete formation filings
Receive next steps for compliance and growth
Form your business with clarity and confidence.
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