Thinking of Starting a Business in Leesburg?
Starting a new business is a unique challenge and often requires help from an accounting professional. At Berg Faircloth & Company, we provide new business formation services in Leesburg to ensure your start-up enterprise is on track with all federal tax filings, asset acquisition, and accounting strategies. If you’re an entrepreneur looking to launch your new company, contact our certified public accounting professionals today and learn how we can help.
Establishing your Business with the IRS
Submitting the appropriate paperwork to the IRS is an important part of establishing successful operations. Our business startup professionals help you obtain an Employer Identification Number (EIN), so you can begin filing tax documents in advance of deadlines. With this, we can also develop a tax strategy that allows you to save money and take advantage of all applicable deductions, which begins with selecting the right entity.
Small businesses that operate with limited overhead and production often file as sole proprietorships, while owners looking to the future frequently choose to incorporate. Berg Faircloth & Company can help you choose the best structure for your needs, protecting personal assets from losses and costly double taxation. Instead of having to estimate self-employment tax, we help you establish your company as an S-Corporation so that you can report income taxes on a corporate return, instead of being responsible for them at the individual level.
Consulting Services for New Businesses in Leesburg
With the foundations for your new company established, you can make important decisions regarding daily business operations, including office space, equipment, and accounting practices. Our business consultants meet with clients to determine leasing options, how many employees are expected to help run the company, and the projections for profit. These factors help our team develop a tax filing and accounting strategy that minimizes liability and helps you achieve your goals.
In operating a company, there are often compliance issues that dictate whether you can keep the protections of your entity. Let our accounting team help you separate business and personal accounts, instate correct recordkeeping protocols, and generate routine reports so you can enjoy efficient operations that promote success in the long-term.
Running a Start-Up Business? We Can Help!
The choices you make in the beginning stages of ownership set your course for the future. While every entrepreneur wants to make their business a success, not everyone will make the decisions necessary to achieve their aspirations. At Berg Faircloth & Company, we work alongside first-time owners and those launching a new venture, guiding them through every step of formation. If you need help choosing a tax entity or determining internal processes for your emerging company, we offer expert insight and advisory.
Contact our Leesburg start-up specialists today for a consultation.