One of the most important decisions of starting or maintaining a business enterprise is the choice of entity. That is to say, should I organize as a sole proprietorship or a limited liability company? Would a corporation be best, or would a partnership be better? There are many issues to consider, both from a tax and a non-tax perspective, depending on the type of business that is being conducted.
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Once the correct business structure is decided, we’ll complete the process by forming your corporation, LLC, partnership or sole proprietorship, including securing your new Employer Identification Number and other paperwork so you may commence operations and open bank accounts.
We offer complete setup of your new business:
- Verification of name availability
- Preparation of Articles of Organization/Incorporation
- Assistance with preparation of an Operating Agreement/Bylaws
- Provision of applicable identification and tax ID numbers
- Preparation of all required IRS & State forms
We will also assist you with maintaining your company’s books and the required tax filings going forward so you can remain in compliance and minimize your taxes.
