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Can I Get Help with the Corporate Transparency Act Required Filings?
Accumera is staying on top of the Corporate Transparency Act (CTA) updates put forth by the Financial Crimes Enforcement Network (FinCEN) regarding the upcoming requirements and timeline for companies to begin reporting their Beneficial Owner Information (BOI) that takes effect in January of 2024. Where do I go to Report? Currently FinCEN is still in …
If you are planning on forming a new company or have just formed one you will most likely need an Employer Identification Number (EIN).
What kind of company would you like to start?
The “standard” type of corporation. Can have an unlimited number of owners who are provided with limited liability protection. Popular form of entity for companies looking for funding from venture capitalists.
S-Corporations are C-Corporations that have elected S-Corp Status with Federal and State tax agencies. Provides flow-through taxation to the shareholders but limits the number of shareholders.
The Limited Liability Company is a newer form of business entity that offers limited liability protection. Can be taxed as a Partnership, Corporation or have flow-through taxation to the members.