This module examines the tax and non-tax considerations involved in selecting a business entity, including C corporations, S corporations, limited liability companies, and partnerships. Participants analyze the advantages and disadvantages of each structure in the context of real-world business decisions. Key operational and strategic factors that influence entity selection are evaluated throughout the discussion. Detailed client fact patterns are used to assess relevant facts and circumstances and determine appropriate entity options. The module emphasizes practical application of these concepts in forming well-reasoned entity selection recommendations.