g5Choosing the proper form of entity for your business is a crucial decision that can have longstanding business and tax implications. Sole proprietor or Limited Liability Company? S Corporation or Partnership? Corporation or S Corporation? We can assist you in evaluating the advantages and disadvantages of each entity type and help you determine the most advantageous form of business for your company.

Once we decide on the proper type of entity, we will file the necessary incorporation paperwork with the state authorities, obtain a taxpayer identification number with the Internal Revenue Service and file the necessary tax elections.

Very often, during the initial development of a new business, some fundamental details that have crucial impact on the company’s future are simply overlooked and neglected. Accounting procedures, tax structures and strategic planning are elements that are easily disregarded, yet they are essential to the success of any enterprise.

At G Petrov & Associates, we help new business owners create a foundation for their new enterprise to build on. Our team will assist you in minimizing the risks and maximizing the profits. Careful planning is extremely important in the early stage of a business.

We will help you navigate a course through this critical phase of your business operation.Our team will assist you in developing a business plan and establishing relationships with lending institutions.

OUR SERVICES: Tax Preparation | Tax Planning and Tax Strategies | IRS and State Tax Representation | Business Advice and Strategies | Business Entity Selection and Incorporation | QuickBooks and CFO Services | Financial Audits, Reviews and Compilations | Financial Forecasts and Projections | Cash Flow and Budgeting Analysis | Estate, Gift and Trust Tax Preparation and Services | Financial Planning | Services for Non-Profit Organizations | Payroll Services