Forming an LLC

There are important factors to consider when forming an LLC. Is your new business venture going to be passive or non-passive? Will your new LLC be operating in multiple states? Have you considered how you will address and report sales tax, payroll tax, etc.? All of these questions can be answered by your CPA. LLCs are not the same as an incorporated business and each has its tax advantages. Many new businesses rely on online "check the box type sites" to start their new business. Your time and money is better spent consulting with a CPA.

Incorporate my Business

Getting Incorporated is an important decision. Your CPA can incorporate your business with the Department of State, Request and EIN number from the IRS, as well as, register your business for various types of taxes (Payroll Tax, Sales Tax, Etc.) Your CPA can also guide you in the formation process as to the tax consequences of each type of business organization you may choose. There are many cheap alternatives to using a CPA, however, none of these can provide you with the experienced answers that a CPA can. New Business Incorporation is an important first step.