Choosing the form of entity of your business is a crucial decision that can have longstanding tax implications, positive or negative. We have extensive experience to help you determine the best business structure for your specific circumstances whether it be a corporation, S-Corporation, or LLC, Infinity Accounting will assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. We also work with area attorneys to help advise you in the best way possible which entity is right for you from an accounting and legal point of view.
It is one thing to form the correct company, it’s entirely another to harness and manage the tax benefits to your advantage. Our ongoing services will assure that you accomplish this by having the lowest possible tax exposure while also guiding you on how to best take distributions from your company. We will also guide you on how to properly set up payroll and meet all payroll related compliance matters for both IRS and State. In addition, we will direct you on your options surrounding health insurance, retirement and fringe benefits.