After a lot of research and information gathering, Guirguis & Gibbs, Inc. is happy to announce that we can offer business entity setup services. This allows us to be at the very beginning of your entrepreneurial journey and guide you properly each step of the way.
WHAT MAKES US DIFFERENT?
In different blogs, I have touted the necessity of ensuring that an accountant be part of the business entity selection and formation process. Your accountant is the one who can help you choose, based on your industry what tax structure is going to help serve your needs best. Many people automatically assume that you need a lawyer to handle the setup work and that using a legal service is the only way to go about getting a business setup.
However, there are 2 sides to a business entity: the legal structure and the tax structure.
- The legal structure will help you determine the level of complexity, advantages/disadvantages of choosing your business type and how they are impacted by state and federal law. Unfortunately, that is where many people focus on their business entity and negate understanding the tax implications that arise from it.
- The tax structure will help you determine how you will be taxed, the levels on which you will be taxed, and the forms that you will have to fill out.
Legal business formation services focus strictly on the former while accounts file your tax returns based on the tax structure chosen. With our expertise and guidance, you will have the best guidance to truly maximize your business planning on both levels.
From choosing your business type, to filing the initial paperwork with the state and federal governments to annual compliance, we have got you covered!
So if you are thinking about starting a business but don't know what the initial step is, look no further. Reach out to us and let's start discussing your goals and dreams and how we can help you on your way to being the boss you always wanted to be!
Call and setup a consultation with us today and let's turn your dream into a reality!