Business Start Ups
Tax Business and Da Kine (TBADK) can help you with a business start up. We
can:
- Advise on form of business
- Write up Partnership, Corporation, LLC, LLP, or other paper work to get
you started.
- We can write or help with filing with the government to start your new
business.
- We can write or help with contracts between individuals in a partnership
or doing business with each other.
The Paper Work Mess
Starting a business includes filing with a headache of different government
organizations. You might say as we did, "all this paperwork almost makes me want
to do the business under the table." (See
Fixing Illegal Practices
if you are in this situation.)
We encourage you, however, to follow the legal procedures and we can help you
avoid a headache.
Licenses and registration include:
- Federal employment number
- State tax and employment
- Unemployment tax number
- Register your business name yearly
- Register your "doing business name"
- Purchase your Internet Domain Name
The paper work includes:
- Federal Income Taxes
- Federal Income Tax withholding for employees
- Withholding of Social Security taxes
- Withholding of Medicare taxes
- Quarterly filing of federal 940 for employees
- State Income Taxes
- State Sales Tax
- State Income Tax withholding for employees
- Unemployment Insurance
- Workers Comprehensive Insurance
- Temporary Disability Insurance
- Prepaid Health Insurance
Other Considerations
- Setting up a Retirement Plan for your Employee
- Setting up a Retirement Plan for yourself
- Liability Insurance
- Product Liability Insurance
- Political Risk Insurance
- Other kinds of Private Insurance