Starting a business? At Helfer & Company CPA, a Duluth, GA CPA Accounting firm, our New Business Formation and Incorporation services are designed to help you...
- Create an initial business outlining your marketing, operations and financial strategy.
- Calculate what you will need in startup funds.
- Determine your borrowing power so you know how much money you can get if needed.
- Choose a business enity (LLC, S Corp, Partnership, Sole Proprietor, etc) that provides you with the best tax advantages, legal liability and future sales potential.
- Select the right accounting software by evaluating your budget and business type.
- Help you with cash flow, billing, collection and cost monitoring procedures.
- Prepare and file all required state and local licenses and permits.
- Prepare and file your application for your Federal Employer Identification Number.
- Provide payroll and payroll tax filing when you bring on your first employee.
- Comply with employment laws so you don't get hit with fines and unhappy employees.
- Identify your business insurance needs.
- Incorporate your business.
Business owners often come to us with previously formed corporations or Limited Liability Companies (LLC) only to find out that they were not able to take advantage of certain tax benefits these entities afford. In some cases they were paying far more taxes than they should. Our goal is to help you make the best decisions up front so that you can minimize tax costs and maximize tax incentives as your business grows.
Our clients typically save taxes each year by using this 3-step strategy:
- Choosing and maintaining the right type of structure (s-corporation, c-corporation, partnership or Georgia LLC) for your business.
- Implementing our ongoing quarterly tax planning services to secure the best possible tax position for the available benefits.
- Having us prepare their annual tax returns with the knowledge we’ve gained of their business and tax planning we’ve done.
