The Zebra, an insurance comparison site, estimates that 90% of all businesses are sued at least once during their existence.
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Right And Wrong Business Incorporation Methods
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– And Little Pointers That Will Save You $1,000s
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Many business owners realize that they need to incorporate their business to qualify for financing, funding and even to protect their home and personal assets from lawsuits and legal actions. So many go online and try to find the cheapest company to incorporate their business for them. Unfortunately, many learn the hard way, that these companies lack the expertise to be able to set their companies up properly. As a result, many of them pay $1,000s of dollars in unnecessary taxes and lawsuits each and every year.
A corporation isn’t just another number on your checklist of things to do when setting up a business. It serves a very valuable function. One, it does provide a shield of protection around your personal assets from anything unforeseen that may happen with your business (ex. lawsuits, creditors, etc.). Two, it should provide you with the maximum amount of tax advantages for your type of business. This is the mistake of many entrepreneurs. They have an online company, and in many instances a lawyer, set up their corporation. A lawyer tends to primarily focus on pre-litigation planning. So they tend to set up business entities that provide you with legal protection and give little or no thought to a business entity that is the most tax advantaged.
Protect Yourself From Being BURNED By Incorporation Companies Who Over-Represent Their Skill Level
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So when tax time comes around, many small business owners needlessly pay $10s of $1,000s of dollars unnecessarily to the IRS and state each year because they don’t have the best type of entity set up for their business to get the most tax benefits. Since the company, or even worse an incorporation mill, has no tax for asset protection expertise, they cannot advise you on the best business formation(s) that’ll most effectively help you accomplish both your business and financial goals.Â
Here at Cooper’s Accounting Service, we’re expert in setting up your business entity using our CorpBuilderPRO business formation set up strategy that Maximizes and Optimizes your business, financial & asset protection benefits.
How We Work
Business Entity Formation set up includes everything needed to set up your:
- C Corporations
- S Corporations
- Limited Liability Companies
- PLLCs
- Professional Corporations (P.C.)
- Limited Liability Partnerships
- Limited Partnerships
- Nonprofits
- Not for profits
- Religious Organizations with 501(c) (3) status
Fortune 500 Companies Have Accountants Help Set Up Their Corporations…Why Don’t You?
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Our Clients
Uplift
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Client Case Study -Business Entity Formation Set Up
One of our clients was not aware that by legally forming his business entities in the state in which his companies revenue would be generated was to his advantage. It would also keep him in compliance with the state’s laws.
* CAS SATISFACTION GUARANTEE – If you are not happy with our service, we will give you a complete refund! Ask any other accounting firm if they’ll do the same!
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