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Starting A Small Business

Do you need help getting your small business off the ground?  There are a few things you might need to consider first.

What kind of business do you want?  There are several types of business entities out there: sole proprietorship, partnership, limited liability company (LLC), corporation, and S corporation.  The kind of business entity you choose will determine how you need to file your taxes.

Our Certified Public Accountants can help you determine the best entity for your small business.  We can answer your tax questions to make your startup less overwhelming. 

Most businesses need to get an Employer Identification Number (EIN), which is like a Social Security Number for your business and is used as an identifier for tax purposes. 

Also, it’s essential to keep accurate records and financials to track your business expenses and prepare your tax returns.  Our staff of CPAs and bookkeepers can help you find a system that works best.  We have access to an account software that will allow you to track your expenses and income for financial statements, cash flow statements and tax return preparation.

For any questions, please give us a call at 573-686-3053.  We would be happy to schedule a meeting to answer any of your business tax questions.