WHICH STRUCTURE TYPE IS BETTER FOR YOU?
Helping You Build the Foundation for a Successful Business
Are you in the process of starting your own business?
As a business owner, you'll need to incorporate to open a business bank account, apply for business licenses and file your tax returns. In Afitis Tax and Accounting, we can help you in the process of business formation.
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability, and we'll help your growth and development of practical solutions. In addition, we provide compressive, flexible strategies and integrated solutions.
We can help you identify which business formation is best for you.
Let us help yougrow your business!
Our skilled professionals are here to help you every step of the way. Making your life better is our priority.
Types of organization we can offer to you!
| CORPORATION | S CORPORATION | PERSONAL SERVICE CORPORATION | NON-PROFIT / OTHER TAX EXEMPT |
|---|---|---|---|
| SOLE PROPRIETOR / INDIVIDUAL | Limited Liability Company (LLC) | TRUST | PARTNERSHIP |
| DBA/Business Names | Limited Liability Partnership (LLP) | LP (Limited Partnership) | Entity Name Availability |
Call us to register your business today!
Changes in Federal Tax ID Number
If you already have an EIN, you might have to change or replace it with a new one a change occurs:
Types of business changes include:
- Name change
- Address change
- Changes in ownership
- Changes in management
- Change in tax status
Your requirements will depend on your business structure and the type of change. You can always check with us to determine whether you need to change or replace your EIN.
Obtain an Employer Identification Number
An Employer Identification Number (EIN) is necessary for paying federal taxes, hiring employees, opening a bank account, and applying for business licenses and permits.
If any of the following applies, an EIN is required:
- Pays employees
- Operates as a corporation of partnership
- Files tax returns for employment, excise, or alcohol, tobacco, and firearms
- Withholds taxes on income, other than wages, paid to a non-resident alien
- Uses a Keogh Plan (a tax-deferred pension plan)