The purpose of this comment is to provide a newly formed, moderate-sized legal firm or the beginning legal individual practitioner with a broad overview of the benefits and problems that a professional corporation [hereinafter PC] offers when compared to a partnership or individual proprietorship structure. The emphasis here will be on the availability of in-depth material in the field along with the governing Internal Revenue Code and Treasury Regulations sections.
Halford I. Hayes,
The Professional Corporation: An Overview,
U. Rich. L. Rev.
Available at: http://scholarship.richmond.edu/lawreview/vol12/iss2/4