Tampa Tax Attorneys Assisting With Business Start-Up & Formation

Congratulations! You’ve decided to start a business – you’ve got a great business plan, you’ve become a franchisee, or you’re a new franchisor. But from a legal perspective, where do you start?

Business start ups can be difficult for even experienced entrepreneurs. It can be necessary to develop customized operating agreements, bylaws, minutes, articles, share certificates, and other documents needed to get up and running. Determining the type of entity your start-up will become requires a detailed process of balancing the needs and scope of your business with the established legal requirements and provisions. Determining whether your business structure will be a sole proprietorship, a partnership, a corporation, or a limited liability corporation requires careful consideration and close attention the detailed needs of your business.

Then, of course, there are tax issues that need to be considered – what taxes are you required to withhold from your employees’ wages? When are you required to report and pay these withholdings to the appropriate tax authorities? What records are you required to maintain to ensure that you are in compliance with government regulations? Do you need an Employee Identification Number? When does your tax year begin? Should you use a cash method or an accrual method for accounting purposes? Should you elect to be taxed as an S-Corporation?

Navigating the route to a successful business start-up requires a great deal of consideration and analysis of all of these factors, among many others. A knowledgeable tax attorney can offer guidance and expertise that will help you realize your business dreams as seamlessly as possible. The tax attorneys at Yesner and Boss, P.L. have assisted many businesses in starting-up, and are prepared to meet with you for a consultation to see how your business goals can be most readily fulfilled. Serving Tampa, St. Petersburg, Clearwater, Sarasota, New Tampa, and areas throughout Florida, Yesner and Boss, P.L. are committed to obtaining the best possible results for their clients in all matters pertaining to business start-ups and formation.