Legal Question in Business Law in Texas
Professional association vs. professional corporation
In setting up a psychiatric practice in Texas, what are the primary advantages and disadvantages between a professional corporation and a professional association? Do these factors change significantly if one elects to have the professional association taxed as a corporation, and, if so, in what way?
Asked on 4/23/04, 12:46 am
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Professional association vs. professional corporation
You will have to speak with a business lawyer that also has a tax practice in order to get your question answered. If you know where you'll be establishing your practice, try and make contact with a lawyer in the vicinity.
Answered on 4/23/04, 11:26 am
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