Incorporation of a new or developing business can be straight-forward, but it will have long-term consequences.
TaxAssist Advisors can guide you through the process of forming your new business, including the preparation of financial statements and business plans to help secure funding.
When considering starting your own business, we recommend you talk to an advisor for advice as to which type of business structure and business model is appropriate for your needs. For example, the Internal Revenue Service (IRS) gives corporations a series of tax benefits and advantages that are not available to sole proprietors and other forms of small business.
To help limit your tax liability, we will help select the right structure for your type of business, whether this be sole proprietor, partnership, LLC or corporation.
If you are an existing corporation, you may not be taking full advantage of all the tax benefits available to your business.
Contact us today for a free initial consultation, so we can help you choose the right business structure for your needs and help minimize your taxes.
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