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Right Tax Structure Could Energize Slumbering Business

Washington Business Journal

"Happy New Year" may be the most positive phrase in the English language. For those whose fortunes were less than desired, the New Year is an opportunity to close the books and start anew. New Year's resolutions are a time-honored tradition. They also can be useful business tools.

What New Year's resolution did you make for your business? Whether you're already in business or thinking of that next bright idea, the start of a new year presents an opportunity to re-examine your business structure or choose a new one.

Many closely held businesses, sole proprietors included, operate their corporate structures like bears in hibernation.

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