Trusted Accounting for New Businesses in throughout United States
Starting a new business is a rewarding endeavor, and it can also be challenging. Our Teams goal is to help you develop the internal infrastructure and processes you need to succeed in today's marketplace. We have the knowledge and experience to help you begin your business journey on the proper foundation that will set you up for future economic growth.
Our team of experts wants to help your new endeavor succeed. From accounting to taxes, we have the skill you need to maximize your profits from the very beginning. No matter where you are located, you can count on us to work diligently on your behalf to help you save time, energy, and money in your new business. Contact us today for your free initial consultation.
Optimizing Your Personal and Business Finances
As you begin starting your business, it is critically important to determine how you want your personal finances to relate to your business finances. Our team will help you determine what kind of tax filings you will need and what to expect, depending on your decision. Regardless of how you want to set up your finances, we will keep your numbers clean and accurate to ensure you don't run into problems as time progresses.
What Business Entity is Right for You?
Each entity has different tax regulations and liabilities that will affect your business over time. It is crucial to pick the correct entity from the beginning to ensure the best possible financial position. Our team has the expertise to help you assess which entity is correct for you based upon your business goals and plans. Some of the different entities you can choose from include:
- Sole Proprietorship works well when you are looking to own and operate your business yourself. It is simple to establish and allows you to combine your business and personal income on your taxes, making filing your return a straightforward process. You will be responsible for all liabilities with a sole proprietorship because your business is not a separate legal entity.
- Partnerships are when you and two or more other people decide to share ownership and management responsibilities of the business by signing a written agreement. You and your partners will share in the profits and losses of the business and be responsible for all liabilities together. Also, each partner is responsible for reporting their share of the profits and losses on their taxes.
- C-Corporations limit your liability by creating a separate tax entity from the owner of the business. This means you will not be personally liable for the entity's losses. Also, your profits will be taxed individually, and the business' profits will be taxed on a corporate level.
- S-Corporations allow the business' income to go to the owner and shareholders without being subject to federal corporate taxes while also limiting the liabilities of the owner. Your business must adhere to specific Internal Revenue Code requirements to be eligible for this entity.
- Limited Liability Companies give you the benefit of limiting your liabilities while operating much like a sole proprietorship or partnership. You will not be liable for the losses of your company with this entity, but you must report all profits on a Schedule C and send it in with your return.
Trusted Tax Guidance
Taxes are an essential part of any business. Our experts are well-versed in all current tax codes and regulations. We provide the guidance you need to save money when you file with the IRS. Our Team knows what you need to report and what options you have to lower your tax obligations, such as retirement planning and other saving options. Our team will also help you stay atop any new tax law changes and alter your tax strategy to avoid penalties and sudden expenses.
Services When You Need Them
Our team knows that having a financial and accounting expert you can count on throughout the year is an invaluable resource when starting a new business in throughout United States. This is why we offer budgeted services to give you the peace of mind that someone you can trust is watching your back. When it comes to accounting and taxes, there is no problem that our financial experts can't help you with. Whether it's setting up QuickBooks®, implementing payroll, or taking care of your taxes, we're the team you can count on to be there when you need us.
Contact us today for your free initial consultation.
FAQ's
Check out frequently asked questions.
My company's books are a nightmare. I don't even know where to start!
We take care of your books for you, so you can get back to the job of running your business and generating profits.
I'm spending all my time managing payroll for my employees.
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
I use Quickbooks, but I'm not sure I'm getting the most out of the software.
We offer a variety of services to help make sure that you are taking full advantage of Quickbooks' many features.
I made a mistake on my taxes.
We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.
I need help planning my family's financial future.
We offer one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
100% Reliability
Our genesis lay on a simple yet powerful insight: Outsourcing is a business reality today for small medium enterprises and it must be transparent and done with integrity.
100% Transparency
Our foremost goal is client satisfaction. We make every effort to help our clients achieve their goals. Our effective, efficient and integrated services give you the required focus you need to take care of matters that matter the most as business owner.
Cloud based accounting
Third Party Bookkeeping & Accounting multiple advantages like lower costs, faster turnaround time, and greater focus on core functions are hard to ignore for you and even more for your competitor.
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