The way a business is set up affects its taxes for years. We help you start correctly, change the structure when it makes sense, and close the company properly when it is time.
Starting a business
- Choosing between an LLC, S corporation, and C corporation
- EIN application and state registration
- Choosing the tax status for a new company, including the S corporation election (Form 2553)
- Payroll and sales tax registration
- State and local business licenses and permits your business needs to open
Changes
- Adding or removing owners
- Changing the tax status of an existing company: to an S corporation (Form 2553) or, for an LLC, to a C corporation (Form 8832), including relief for late elections
- Moving the business to another state
Every year
- Annual reports in every state where your company is registered, so it stays in good standing
- Franchise taxes and annual fees in every state that charges them
- Sales tax licenses and returns in every state where you sell
- Renewing state and local business licenses and permits wherever you operate, and keeping registrations up to date
Closing a business
- Final federal and state returns
- Closing payroll and sales tax accounts
- Dissolution filings with the state
We handle the tax and accounting side. For legal documents such as operating agreements, we work alongside your attorney.