Choosing a structure
The main options are a sole proprietorship, a limited liability company (LLC), an S corporation and a C corporation. Each one is taxed differently and comes with different filing requirements. The right choice depends on how much the business expects to earn, how many owners it has, whether you'll have employees, and your long-term plans.
We walk through these with you and show the tax effect in real numbers, not just general pros and cons.
Getting set up
- Forming the entity with the state
- Obtaining an Employer Identification Number (EIN)
- Making an S corporation election when it makes sense
- Setting up payroll for owners and employees
- Setting up your books and accounting software from the start
After you're open
A new business has new deadlines: estimated taxes, payroll filings, sales tax in some cases, and an annual business return. We help you keep track of them and set up bookkeeping and QuickBooks so records are clean from the first month.
Already in business and wondering whether your current structure still fits? That's a tax planning conversation, and we're happy to have it.
Frequently asked questions
Should I form an LLC or an S corporation?
An LLC is a legal structure, and an S corporation is a tax election that an LLC or corporation can make. Which makes sense depends on your profit and how you pay yourself. We'll compare both with your numbers.
Do you help businesses form outside Pennsylvania?
Yes. We help owners across the United States and owners who live abroad set up U.S. businesses.
What do I need to start?
Your business name, the owners and their ownership percentages, the state where you'll operate, and an idea of expected income. We'll guide you through the rest.