DeAngelis Legal created several new entities this month in a variety of industries. A couple corporations and several limited liability companies (LLCs). The proper choice of entity and its proper tax character (c-corporation, s-corporation, partnership or disregarded entity) is largely driven by liability protection, the entity’s purpose and industry (i.e., real estate holding company, operating business, professional services, etc.) and exit strategy. Spending a little time up front with your CPA and attorney on your objectives will save you a lot of frustration and taxes in the future.