Incorporation of a new or developing business is a relatively straight-forward procedure, but one that has long term consequences. MVACPA, Inc. can guide you through the process of forming your new Knoxville corporation, including the preparation of financial statements and filing of tax registrations.
Corporations have a series of tax benefits and have advantages that are not available to sole proprietorships and other forms of small business. That's why we recommend business owners seek proper advice as to which type of business structure is appropriate for their particular needs.
To save you from unnecessary taxes and limit your liability, we begin by helping select the right structure for your type of business (s-corporation, c-corporation, or Knoxville LLC). Once your new business is ready to begin, we are available to help setup your accounting system, advise you about insurance and banking needs, as well as handling the government registration requirement of a new business.
Are you taking full advantage of all the tax benefits available to your business? Many business clients come to us who have previously formed corporations or LLCs, but are not taking advantage of their built in tax benefits.
MVACPA, Inc. has saved money for many existing businesses throughout Knoxville area and may be of immediate benefit to your bottom line as well. Our first step is to determine whether your current corporate structure is still the proper entity for your business and then implement the tax benefits going forward.
Call for a FREE consultation to help you choose the right structure and ensure that you minimize your taxes. Call us at 865-531-2277 and ask for John H. Van Dyke, CPA to discuss your specific needs.