New Business Planning

New Business Advisor Services

When you’re starting a new business, there is a seemingly-endless number of things to do. Taking advantage of Greene & Vaughan, CPAs, PLLC new business advisor services should be at the top of your list. We’re among the leading Charlotte CPA firms because we provide a variety of services especially for new businesses. For example, if you plan to incorporate, we can help you explore the various types of entities and determine the one that best suits your needs from a tax standpoint.

Did you know that you can incorporate in a state other than your own? We can tell you why that might be advantageous. Even if your business has been around for a while, it’s a good idea to let us assess whether you’re using the best structure for maximum tax savings.

Greene & Vaughan can also help in many other ways, including:

  • Strategic tax planning
  • Setting up accounting and other financial systems
  • Assisting with payroll, Social Security, insurance, and other regulations compliance
  • Securing funding

We offer a free, confidential consultation for new clients, so call 704.919.3220 today to learn more about our new business advisor and incorporation services.

As you begin to grow your business you want to make sure you get off on the right foot. Let the professionals at Greene & Vaughan help you from the very beginning to get your business moving in the right direction. The associates at Greene & Vaughan stay on top of the newest developments and regulations regarding new business ventures. Your business is unique, which is why we’ll talk to you about every detail of your start-up to give you suggestions and recommendations that will best suit you and your business. Allow our team of professionals help your business profit quicker than you could’ve imagined. We’ll help you develop practices that will benefit your business and help you make decisions that will give you the upper hand. 

Greene & Vaughan can help you establish your business in states other than North Carolina. Incorporation of your business in different states requires knowledge and understanding of the different tax implications which is where our firm shines. The business advisory services we can offer will help you increase your profits while minimizing your tax liability. By avoiding newbie mistakes we can develop short term solutions along with long term planning that will allow your business to grow.

Each and every business that begins comes with different tax implications for the business itself and it’s owners. Choosing the right entity for your needs is one of the most important steps. Allow Greene & Vaughan help you build a solid foundation for your business to grow on. Our team will help you select an entity type through consultation services, create a plan to minimize tax liability to increase your bottom line, and establish a system to keep your financial activities in order, develop a strategy to reach all business goals. 

Different types of incorporation:

C Corporation: owners or shareholders are not responsible for the business obligations and cannot be held liable. The business however, is taxed on any distributions it may receive. 

S Corporation: similar to c corporation, but the business does not have to pay taxes. Shareholders are required to report income from the business on their individual tax returns. 

LLP- Limited Liability Partnership: two types of partnerships including limited and general. Limited partnerships invest in the company but have no authority or liability in any amounts other than what they have invested. General partnerships hold management authority and are personally liable for the company as a whole.

LLC-Limited Liability Corporation: members or owners are not held liable for the business financial obligations. This type may be taxed as a partnership requiring members to report income on their personal tax documents.