(210) 598-7888

Entity selection and formation built around your tax strategy

The entity you choose determines how much you pay in taxes for years. Harbor Point structures your business correctly from day one or evaluates your existing structure to make sure you are not overpaying.
The difference

Does your accountant choose the right structure or just file the paperwork?

Most formation services stop at filing the articles. Harbor Point goes further by coordinating the entity, the tax election, the operating agreement, and the QuickBooks setup so nothing falls through the cracks.

  • S-Corp election filed within the 75-day window every time
  • Reasonable compensation analysis included, not an add-on
  • Accountable Plan adopted before the first reimbursement
  • QuickBooks configured with the right chart of accounts for your entity type
  • Former IRS Revenue Agent perspective, built audit-ready from day one
Entity structure review

Already in business? We evaluate your current structure too.

You do not have to be a new business to benefit from entity selection services. Harbor Point reviews your existing structure whether it is a sole proprietorship, LLC, S-Corp, or partnership and tells you whether it is the right one for your current income level, business model, and tax situation. Most clients who come to us already operating are in the wrong structure and do not know it.
What Harbor Point reviews in your existing structure

Current entity type and tax classification

Is the entity correctly classified as a sole proprietor, disregarded entity, partnership, S-Corp, or C-Corp?

S-Corp election status

Has Form 2553 been filed and accepted? Is the CP261 on file? Is the effective date correct?

Reasonable compensation analysis

Is the owner’s W-2 salary defensible? Too low creates audit risk. Too high eliminates the SE tax savings.

Accountable Plan status

Has an Accountable Plan been adopted and used to reimburse home office, vehicle, and phone expenses tax-free?

Tax savings missed to date

How much has the wrong structure cost? What is the projected savings from correcting it going forward?

Recommended changes and next steps

A clear written recommendation with the exact tax impact of each option, whether to stay, elect S-Corp, convert, or restructure.

Formation services

Plans that lower what you owe on purpose, not by accident

Whether you are starting a new business or correcting an existing structure, Harbor Point handles the full setup from filing to first transaction.

LLC Formation

State filing, registered agent, Articles of Organization, and confirmation handled completely.
  • Texas — $300 state filing fee
  • Other states available upon request
  • Call (210) 598-7888 for details

LLC + S-Corp Election

Form the LLC and file Form 2553 to eliminate SE tax on distributions. Saves most clients $8,000 to $20,000 or more per year.
  • Form 2553 filed same day as formation
  • 75-day deadline managed for you
  • Late election relief available
  • Reasonable comp analysis included

S-Corp Election Only

Already have an LLC? File Form 2553 and start saving on self-employment taxes immediately.
  • Current-year election if within 75 days
  • Late election under Rev. Proc. 2013-30
  • Effective date strategy included

Entity Structure Review

Already in business? Harbor Point evaluates your current entity and tells you whether it is the right one, with the exact tax impact of any recommended change.
  • Current entity and election status reviewed
  • Reasonable compensation analysis
  • Written recommendation with savings estimate
  • Change coordinated start to finish if needed

Series LLC Texas

One master LLC with separate protected series, ideal for real estate investors with multiple properties.
  • One formation fee for multiple series
  • Liability isolated per property
  • Recommended for 3 or more properties

Reasonable Comp Analysis

Written, IRS-defensible analysis documenting your W-2 salary using BLS wage data and the multi-factor test recognized by the Tax Court.
  • Industry and market wage data
  • Multi-factor IRS test applied
  • Audit-ready documentation
Where we form

Texas

  • LLC formation fee
    $300
  • Processing time
    1 to 2 business days
  • Annual report
    None
  • State income tax
    None
  • Series LLC
    Available
  • Filing portal
    sos.state.tx.us

Other States, Upon Request

Harbor Point forms LLCs in other states upon request. If your business operates outside of Texas call us and we will coordinate the formation in the state where you need it.
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Complete setup, not just the paperwork

EIN Application

Employer Identification Number from the IRS, required for bank accounts, payroll, and taxes. Issued same day and always free from the IRS.

Operating Agreement

Custom operating agreement for your entity type and industry, not a generic template. Strongly recommended in every state.

Accountable Plan

Deduct home office, vehicle, and phone tax-free through the S-Corp. Harbor Point drafts and implements it before the first reimbursement.

QuickBooks Setup

Chart of accounts built for your entity type and industry, bank feeds connected, and initial configuration complete.

Payroll Setup

S-Corp owners must be on payroll. Harbor Point sets up Gusto or QuickBooks Payroll so your W-2 salary starts correctly from day one.

IRS Representation

As an Enrolled Agent, Harbor Point represents you before the IRS if your entity structure or compensation is ever questioned on audit (available for an additional fee).

Who this is for

Built for owners who want strategy, not just a filed document

New business owners

Get the right structure from day one before the first dollar of revenue hits the wrong entity type.

Existing business owners

Already operating? Harbor Point reviews your current structure and identifies whether you are leaving money on the table.

Insurance agents

Commission income, carrier splits, and renewal streams require a specific S-Corp structure. Harbor Point specializes in this.

Contractors and trades

Any trade business generating over $75K in net profit benefits from the S-Corp election. Harbor Point sets it up correctly.

Real estate investors

Separate LLC per property or Texas Series LLC to protect each asset without paying multiple formation costs.

Growing companies

Formation done right so the structure never needs to be unwound as revenue scales toward $500K and beyond.
Our Process

A clear path from first call to operating business

01

Discovery

Brief call to review your income, goals, and current structure for new or existing businesses.
02

Review or Form

Existing structure reviewed and evaluated, or new entity filed in 1 to 2 days.
03

EIN and Election

EIN issued same day. Form 2553 filed within 75 days, or late election filed if needed.
04

Documentation

Operating agreement, Accountable Plan, and reasonable compensation analysis completed.
05

Systems

QuickBooks configured, bank feeds connected, and payroll activated.
06

Strategy

Ongoing tax planning, quarterly estimates, and annual return preparation under one roof.

Questions Harbor Point answers every day

Do you only help new businesses or can you review my existing structure?

Both. Harbor Point evaluates existing entity structures for businesses already in operation and the review is free in the first consultation. Most clients who come to us already operating discover they are in the wrong structure and have been overpaying in taxes. We identify the issue, calculate the savings, and handle the correction from start to finish.

An LLC is a legal entity formed with the state. An S-Corp is a federal tax election filed with the IRS. You form an LLC and then elect S-Corp tax treatment by filing Form 2553. The entity is still an LLC but the tax treatment changes, which is what eliminates the self-employment tax on distributions.

Generally when net profit exceeds $75,000 per year. Below that the compliance costs can outweigh the savings. Harbor Point calculates your exact break-even point before you commit to anything.

Late election relief is available under Revenue Procedure 2013-30. Harbor Point files Form 2553 with a late election statement and the IRS grants this routinely. Call (210) 598-7888 immediately so we can determine the earliest possible effective date.

Yes, other states are available upon request. Call Harbor Point at (210) 598-7888 and we will coordinate the formation wherever your business operates.

Ready to improve your tax strategy?

Let's review your business and find the opportunities.

Schedule a consultation, no pressure just a clear look at where you stand and where you could be saving.

Request a Consultation

Well get back to you within one business day.

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