Tax – 5 Star Accounting and Business

What costs should I consider if I start a new business?

Building a successful business model is largely tied to making the right decisions. In order to succeed, new entrepreneurs must carefully consider the costs of launching their life-long dream business. Because the universal truth in business is that money is needed to make money, these decisions carry extra weight. Each...

Time to Incorporate or form an LLC?

At this time of year, and in light of the recent tax cuts and the favorable tax rates for the C-Corp and S-Corp, sole proprietorship and general partnership clients may be wondering if it’s time to create a formal business structure like a corporation or...