Choose your structure. Run it the right way.

From LLCs to S Corps, find guidance on taxes, payroll, and compliance in one place.

Idea to implementation

Whether you’re forming an LLC, electing S Corp status, comparing how an S Corp vs. C Corp works, or just trying to understand what a “disregarded entity” actually means, OnPay’s business structure center brings together the essential guides in one place, and helps small business owners make informed decisions — without getting lost in jargon.

Choosing a business structure

Before you think about payroll or taxes, the first step is choosing the legal structure that fits your goals. If you’re still weighing your options — or trying to understand the tradeoffs — start here.

S Corporation resources

S Corporations are popular with growing small businesses because they can offer tax advantages — especially as profits increase. But they also come with stricter payroll rules and compliance requirements. If you’re considering an S Corp election or already operating as one, these guides walk through what you need to know — including how to file Form 2553 and understand ongoing compliance requirements.

LLC and partnership resources

LLCs offer flexibility and simplicity, which is why they’re one of the most common business structures in the U.S. But not all LLCs are taxed the same way — and some owners later elect S Corp status for tax purposes. These resources break down the different types of LLCs, how they’re taxed, and the key forms — such as Form 1065 for partnerships — that you may need to file.

 

Paying yourself and hiring employees

Once your structure is in place, how do you pay yourself? How and when can you bring on employees? Some business owners take draws. Others must run payroll and pay themselves a salary. The rules depend entirely on your entity type — and getting it wrong can create tax issues down the line.

LET’S DO THIS

It’s easy
to get started

Try OnPay out yourself to see how easy payroll and HR can be. To get started, just share a few basic details about your business. Our team of pros will set everything up and import your employees’ information for you.