Build Your Business on the Right Legal and Tax Foundation

Business Formation with Legal and Tax Perspectives

Montgomery Legal assists entrepreneurs and business owners with business formation and structuring from Prosper, serving Dallas–Fort Worth and clients across Texas. Services include entity formation, governing documents, ownership arrangements, and restructuring for an existing business.

Zachary J. Montgomery brings the perspective of an attorney, CPA, and Certified Fraud Examiner to discussions about your business. The firm considers your legal and financial priorities together when reviewing formation and structuring needs.

Business Entities and Ownership Arrangements

The firm works with clients to discuss LLCs, corporations, partnerships, and professional entities as appropriate to their circumstances. Those discussions can address who owns and manages the business, how it will operate, and how its structure relates to future plans.

• LLC and corporate formation
• Partnership and professional entity structuring
• Single-owner and multiple-owner arrangements
• Management responsibilities and decision-making procedures
• Planning for additional owners, investment, or a future transition

An initial consultation provides an opportunity to explain your proposed business, ownership arrangements, and goals. The scope of formation work is established through the engagement process.

Tax Considerations in Business Structuring

Entity formation and tax planning often involve related questions. Montgomery Legal offers review of tax classification and election considerations alongside the legal work involved in forming or restructuring a business.

For clients considering S corporation tax treatment, the firm can discuss eligibility, compensation, reporting, and administrative considerations in the context of the proposed engagement. Recommendations depend on the business and the owner’s circumstances.

For broader planning needs, explore the firm’s tax strategy and planning services and tax preparation services.

What a Formation Engagement May Include

The work involved depends on the business, entity type, ownership arrangements, and agreed scope. A formation engagement may include the following stages.

Operating Agreements and Governing Documents

Governing documents establish how owners intend to manage their business and address important ownership questions. Montgomery Legal drafts and reviews operating agreements, bylaws, and partnership agreements according to the entity and the needs discussed with the client.

• Ownership interests and contributions
• Management authority and voting procedures
• Distributions and financial responsibilities
• Transfers of ownership and buyout arrangements
• Procedures for disagreements among owners
• Succession and business transition considerations

Document provisions vary by business and engagement. For additional support with contracts and ongoing legal questions, see outside counsel services.

Restructuring an Existing Business

Existing businesses may need to revisit their structure as ownership, operations, or goals change. Montgomery Legal assists with restructuring matters, ownership changes, and related document review, considering legal and tax questions together.

Owners preparing for growth, an ownership transition, or a future transaction can also explore the firm’s business planning services.

Serving Prosper, DFW, and Texas

Montgomery Legal is based at 2113 Long Park Ave, Prosper, TX 75078, and serves business owners throughout Dallas–Fort Worth and across Texas. Contact the firm to discuss your location, formation needs, and consultation arrangements.

Call (214) 833-6135, book a consultation, or visit the contact page.