Business entity formation is the legal process of establishing a formal business structure recognized by the State of Texas. This involves selecting an entity type, filing the appropriate documents, obtaining an EIN from the IRS, and establishing the operational agreements that govern how your business operates.
The significance of this decision cannot be overstated. Your choice of business structure determines:
Many entrepreneurs choose a business structure based on incomplete information or general assumptions—then discover years later that a different structure would have saved them thousands in taxes or provided better protection. We prevent this by taking the time up front to understand your situation thoroughly and recommend the right structure from day one.
Business solutions tailored to your life, family, and goals.
An LLC separates your personal assets from business liabilities while allowing flexible taxation options. You can choose to be taxed as a sole proprietorship, partnership, S-Corporation, or C-Corporation depending on your situation. LLCs are popular among entrepreneurs because they combine liability protection with simplicity and lower compliance costs.
A corporation is a separate legal entity that provides strong personal liability protection and can issue stock. C-Corporations are taxed at the entity level, while S-Corporations allow income to pass through to shareholders’ personal tax returns. Corporations require more formal documentation and ongoing compliance but offer clear benefits for businesses planning significant growth or seeking outside investment.
Whether you’re forming a General Partnership (GP) or Limited Partnership (LP), we help you establish clear agreements about ownership percentages, profit distribution, management responsibilities, and what happens if a partner wants to leave. A well-drafted partnership agreement prevents misunderstandings and protects each partner’s interests.
If you’re operating as an individual business owner, we can help you understand your liability exposure and evaluate whether establishing an LLC might provide better protection as your business grows.
We schedule a conversation to understand your business model, ownership structure, liability concerns, tax situation, and growth projections. This is where we ask questions to clarify which structure makes sense for you specifically.
Based on the discussion, Leigh recommends the entity type that best fits your situation. We explain the pros and cons of each option so you understand the reasoning behind the recommendation and feel confident in your decision.
We prepare all necessary formation documents, including the articles of organization or incorporation, operating agreements or bylaws, and any other documents required by the State of Texas. We review these with you before filing.
We handle all filings with the Texas Secretary of State and any other required registrations. We track deadlines and ensure everything is submitted correctly.
We guide you through obtaining your Federal Employer Identification Number (EIN) and help you understand ongoing compliance requirements—such as annual filings, tax obligations, and meeting minutes documentation—so your entity maintains its legal standing.
Once your entity is formed, we’re available to answer questions about operating agreements, amendment procedures, and how your structure might need to evolve as your business grows.
Ms. Leigh Goodson was fabulous in giving me advice for my father's situation. She was a wealth of knowledge and recommendations. We will be using her for further estate planning.
Leigh prepared estate documents for myself and my husband, and she did a fantastic job. Everyone at her office was friendly and easy to work with. The process was quick and easy, and we feel so much better knowing our affairs are in order. If anyone needs any estate planning help, I would 100% recommend Leigh and her office!
I knew from my experience working with attorneys for over 30 years that with a blended family my husband and I needed professional estate planning. Ms. Goodson provided us with excellent options and did a very thorough explanation of the pros and cons of each of them. She offered non-judgmental opinions and legal information about the equitable division of our blended families small estate. We chose to go with the more expensive trust option because it would be a simpler and less expensive probate for our children who almost all live out of state. She and her assistant made extra efforts to accommodate our schedule and the entire process was quickly completed. We highly recommend The Goodson Firm. P.C. for your estate planning and probate legal services.
Leigh Goodson is a professional attorney. She is available to clients and is responsive in urgent and standard matters. Her expertise has been very helpful. Highly recommend, The Goodson Firm.
Leigh Goodson is the attorney I trust to take care of my clients, friends, and family. She knows the law and works with her clients to make sure their priorities are addressed appropriately.
The right time to protect your legacy is before you need to. Schedule a confidential consultation and take the first step toward protecting everything you have built and the people who matter most.
Locations in Tyler, Dallas, Plano, & Bee Cave, Texas
