Service - Business Formation & Restructuring

Build the Right Foundation from Day One

Your Business Structure is Either Saving You Money or Costing You Money

Entity Selection

The Most Impactful Financial Decision
You'll Make

Entity selection is one of the most impactful financial decisions a business owner makes – and most people get it wrong. Operating under the wrong structure can cost you $10,000 – $30,000 or more in unneccessary self-employment taxes every single year. 

At O&M Tax & Business Advisory, we analyze your income, industry, liability exposure, and long-term goals to recommend and implement the exact right structure for your business – then we handle everything to set it up. 

Business Formation Services

What We Handle for You

Entity Selection & Analysis

We compare LLC, S-Corp, C-Corp, sole proprietorship, and hybrid structures based on your specific income level, industry, liability risk, and tax goals.

EIN Registration

We obtain your Employer Identification Number directly through the IRS – correctly, the first time. 

Operating Agreements

Professionally drafted operating agreements that protect your interests, define ownership, and satisfy banking and legal requirements. 

S-Corp Tax Elections

Filing IRS Form 2553 at the right time — a missed election can cost thousands. We ensure your election is filed correctly and on schedule.

Payroll Structure Setup

S-Corp owners must pay themselves a reasonable salary. We determine the right amount to maximize savings while remaining IRS-compliant.

Business Restructuring

Already operating? We audit your current structure and restructure it if a better option exists — potentially saving you tens of thousands going forward.

Why structure matters

The Real Cost of the Wrong Business Structure​

Consider this: a consultant earning $200,000 per year operating as a sole proprietor pays self-employment tax on the full $200,000 – approximately $28,240. The same consultant properly structured as an S-Corp, paying themselves a reasonable salary of $80,000, would pay self-employment tax only on that salary – saving approximately $17,000 per year. Legally. Every year. That’s one example of one strategy. O&M clients often benefit from multiple overlapping optimizations.
"They helped me structure my LLC the right way. I thought filing online was enough — turns out I missed the EIN, operating agreement, and tax elections. O&M fixed everything. Go here first."
Ope Vargas
Client, O&M Tax & Business Advisory Rio Grande Valley
Business Structure Entities

Entity Types We Help You Choose

LLC (Limited Liability Company)

  • Best for: Small businesses, real estate investors, solopreneurs
  • Tax treatment: Pass-through or can elect S-Corp status
  • Protection: Limited liability protection

S-Corporation

  • Best for: Service businesses, growing companies with $100K+ profit
  • Tax treatment: Pass-through with payroll tax savings
  • Protection: Strong liability protection

C-Corporation

  • Best for: High-growth companies, businesses seeking investors
  • Tax treatment: Double taxation but lower initial rate
  • Protection: Strongest liability protection

Partnership

  • Best for: Multi-owner businesses
  • Tax treatment: Pass-through taxation
  • Protection: Varies by partnership type
The 5-Step O&M business Formation Process

Working With O&M Is
Simple, Transparent, and Stress-Free

From consultation to formation in 2-3 weeks

Free Strategy Call

We discuss your business, income, growth plans, and current situation to determine the best entity structure.

30-45 Minutes · Free

Entity Selection Analysis

We provide a written recommendation with tax projections showing exactly how much each option would save you.

3-5 Days

Formation & Filing

We prepare all documents, file with the state, obtain your EIN, and set up your entity properly.


7-14 Days

Tax Strategy Implementation

We coordinate with our tax planning team to ensure your new entity is positioned for maximum tax savings.


Quarterly + Ad Hoc Support

Ongoing Support

We provide documentation, compliance reminders, and ongoing guidance to keep your entity in good standing.


Maximum Legal Tax Reduction

Business Formation Done Right

Common Mistakes to Avoid

And how we help you avoid them

Choosing LLC When S-Corp Would Save Thousands

For a business earning $150,000 in profit, this mistake costs $10,000-$15,000 per year.

Our Solution: We calculate the exact breakeven point and show you when S-Corp election makes sense.

Forming in the
Wrong State

Out-of-state formations (like Wyoming or Delaware LLCs) rarely benefit small businesses.

Our Solution: We form your entity in the right state for your situation.

DIY Formation
Without Tax Planning

We succeed when you succeed. Your growth is our goal - not just your annual filing.

Our Solution: We integrate tax strategy into entity selection from day one.

FAQ

Your Business Formation Questions, Answered

Texas Secretary of State processing is typically 3-5 business days for standard filing, 1-2 days for expedited. Total process from consultation to completed entity: 10-14 days.

If you have significant income ($50K+) or any liability risk, yes. Operating without an entity puts your personal assets at risk.
An LLC is a legal entity type. An S-Corp is a tax classification. You can have an LLC taxed as an S-Corp (often the best of both worlds).
Yes, but you’ll likely choose the wrong structure and miss critical tax planning opportunities. DIY formation often costs more in the long run.
Generally when your net profit exceeds $60,000-$80,000. We calculate your specific breakeven point.
Yes. We can form entities for non residents and out of state business owners.

Yes. While our office is located in Edinburg, TX, we serve clients throughout the Rio Grande Valley — including McAllen, Mission, Pharr, San Juan, Alamo, Weslaco, Harlingen, and Brownsville. Many clients also work with us remotely via phone, email, and virtual meetings.

Starting a Business or Ready to Restructure?

Schedule a free consultation — we’ll show you exactly what your current structure is costing — or saving — you.

Schedule Free Strategy Session