entity formation, structuring, and restructuring services

Align Your Organization with Entity Formation, Structuring, and Restructuring Services

Your organizational structure has a significant impact on how you’re taxed. Aura Advisors will work with your firm to determine the most appropriate entity structure based on your organization’s purpose, investor needs, and long-term goals. We can work directly with your attorney or personal CPA to provide structuring support.

We aim to be your partner all year round, so if a significant change, such as a shift in leadership or change in tax code, would make restructuring optimal, we aim to make those recommendations proactively. Aura Advisors also provides flow-through considerations, helping business owners determine tax implications for their company and as an individual.

Who Needs Entity Formation, Structuring, and Restructuring?

If you’re a new organization or are considering restructuring your business, Aura Advisor’s formation, structuring, and restructuring services can ensure you’re set up for long-term success. Aura Advisors primarily supports companies that operate in the technology, cannabis, life sciences, or government contracting industries.

We also provide transaction planning services for organizations considering a merger or acquisition.

 

Entity Formation, Structuring, and Restructuring Services for Cannabis Companies

Aura Advisors supports cannabis growers and nurseries, retailers and dispensaries, manufacturers and distributors, and ancillary companies in all legal states. We review current entity type and entity structure to determine if tax elections should be made to change the tax status of an entity, if holding companies should be made, or if consolidated elections are necessary. 

Learn more about Aura Advisors’ tax consulting services for cannabis companies.

Check out the Latest Insights from Aura Advisors

The IRS Business Tax Account Is Expanding: What Business Owners Can Now Manage Online

The IRS continues to expand its Business Tax Account, giving more business owners secure online access to federal tax records that previously required mailed correspondence, telephone calls, or assistance from a tax professional. In April 2026, the IRS extended...

California’s 2026 Budget Tax Changes: What Businesses Should Know Beyond the SaaS Tax

Governor Newsom has signed California’s 2026-27 budget, including Senate Bill (SB) 122, Taxation. For technology companies and California businesses, the headline is the new tax treatment for Software-as-a-Service (SaaS) and digital prewritten software. But the...

Closing a California Business Entity: Tax Steps to Avoid Lingering Obligations

Stopping operations is not the same as closing a business in California. A business may have no revenue, no employees, no customers, and no bank activity, yet still remain alive for California tax and filing purposes. In that gap, annual tax, late notices, penalties,...

No Profit But Still Taxed? How Gross Receipts Trigger State Exposure

Gross receipts taxes are structurally different from income taxes. Instead of taxing profit, taxes on gross receipts  tax revenue, which means a business can owe taxes even while reporting a financial loss. That distinction is especially important for early-stage...

IRS Dirty Dozen 2026, Part 3: Overstated Withholding, Spear Phishing, OIC Mills, And Audit Risk

The IRS’s 2026 Dirty Dozen is a curated list of twelve schemes that are actively harming taxpayers, delaying refunds, and consuming enforcement resources during the current filing season. The list focuses on patterns the IRS is already tracking in its filters and...

State Nexus Can Create Filing Obligations Even Without Profit

Many businesses assume that state filing obligations follow profitability. That assumption is increasingly unreliable. In today’s state and local tax (SALT) environment, a company can trigger state filing or registration obligations even if it is operating at a loss....

IRS Dirty Dozen 2026, Part 2: Online Accounts, Capital Gain Credits, And Ghost Preparers

The IRS’s 2026 Dirty Dozen is a curated list of twelve schemes that are actively harming taxpayers, delaying refunds, and consuming enforcement resources during the current filing season. The list is a summary of patterns the IRS is already seeing at scale in live...

California Corporate Suspension Can Bar Tax Court Review

A California corporation’s state tax status can determine whether it is even able to challenge an IRS collection action in Tax Court. In Arbor Vita Corporation d.b.a Hemediagnostics v. Commissioner Of Internal Revenue, the Tax Court dismissed a petition seeking review...

IRS Dirty Dozen 2026, Part 1: Impersonation, Fake Charities, And Social Media “Tax Hacks”

Impersonation And Fake Opportunity The IRS’s 2026 Dirty Dozen is a curated list of twelve schemes that are actively harming taxpayers, delaying refunds, and consuming enforcement resources during the current filing season. The list is a summary of patterns the IRS is...

Short-Term vs. Long-Term Rentals: Understanding the Tax Implications

Rental real estate continues to be a popular investment strategy, but the tax treatment can vary significantly depending on whether a property is rented short-term or long-term and the involvement of the owner in the rental activity. Understanding these differences is...

“Dana Borys and team have been trusted advisors for many of the clients that Echtrai Corp works with. They have made material impact on the tax planning and strategies for a number of companies including a small single dispensary to a large, multi-state provider. They team is always professional, always knowledgeable and they do what they say they are going to do. I highly recommend Aura Advisors to anyone and will continue to recommend them to Echtrai clients.”

Dennis O’Malley, CEO of Echtrai Corp