We believe in becoming partners with our clients in starting and growing their businesses. As your accountants, we will use our experience in finances and management in providing a business setup consultation to create extraordinary value for you and your business.
Our business planning approach begins from the ground up and continues with the life of your business. It is through our methods that we help our clients grow and maintain a thriving business, even in an economy like this one.
Structuring your business entity correctly
Selecting the correct business entity is one of the most important decisions a business owner will face. There are several forms to choose from and each entity comes with its own set of tax consequences:
- Sole Proprietorship
- Limited Liability Company (LLC)
- S Corporation
As each business is unique, so is the type of entity one chooses to operate under.
Choosing the appropriate form of entity is complex and requires a full understanding of the entities available. Each form has its own set of rules and tax reporting requirements. We believe in a partnership with our clients to assist in the decision-making process in the beginning and continued support throughout the business cycle.
Once the choice of entity has been determined we can help with federal and state applications for identification numbers, licenses, and the appropriate registration for payroll taxes and sales tax withholding and remittance.
Once the groundwork is in place we take it to the next level to analyze numbers, trends and operational data. Continuous monitoring and planning is the key to a successful business. It is important to keep us informed of your business needs and changes. The more we are involved, the more we can help you achieve success.