Entrepreneurs often have great instincts, ideas and determination when it comes to the daily operations of their business. However, many have limited experience or even the time to tackle the “back-office” business functions that are involved with starting a new venture.
The tax and accounting questions for a startup can be overwhelming:
What are the tax implications of starting a new business? What type of business entity should I form? How do I form it? What accounting method should I use? What is the appropriate sales tax to charge my customers? How do I know I’m paying the right federal income taxes for myself? How do I remit payroll taxes for my employees? How will financing the business play into my tax plan? What about my personal liability if I get sued?
At CTM, we’ll tailor a blend of tax and accounting solutions to ensure you achieve financial stability, profitability and sustainable growth. We’ll help you with everything from choosing the right entity structure, implementing back office accounting procedures/processes, establishing operational efficiencies and developing achievable growth strategies.
