LLC / S CORP SETUP | CPA | EIN | PROTECT PERSONAL ASSETS (Riverside)
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1 park plaza #600
license info:CPA License #: 157795
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Starting a business? Not sure whether you should form an LLC, S Corporation, or C Corporation? I can help you understand your options and get your business set up properly. Choosing the right business structure can affect your taxes, liability, paperwork, and how you pay yourself. Before forming an entity, it is important to understand which structure makes sense for your particular situation. Everything can be done 100% remotely!
Hi, my name is Chris Torres. I’m a Certified Public Accountant (CPA) currently attending law school to become a tax attorney. I help entrepreneurs, independent contractors, consultants, investors, and business owners make informed decisions about business formation, entity structure, and tax planning.
My goal is to help you start your business on the right foot, avoid common setup mistakes, and understand your tax responsibilities from the beginning.
**BUSINESS FORMATION & ENTITY SETUP SERVICES**
1. Entity Structure Analysis
• LLC vs. S Corporation vs. C Corporation
• Sole proprietorship vs. LLC
• Single-member vs. multi-member LLC
• Partnership tax treatment
• S Corporation election eligibility and tax considerations
• C Corporation structure and tax considerations
• Choosing an entity based on your business, income, ownership, and goals
• Evaluating potential tax savings and administrative costs
• Reviewing existing entities and recommending potential restructuring options
2. LLC Formation
• California or out of state LLC formation done for you
• Single-member and multi-member LLC setup
• Articles of Organization preparation and filing assistance
• Operating Agreement preparation assistance
• EIN registration
• California Statement of Information filing
• California LLC tax and compliance overview
• Guidance on maintaining separate business and personal finances
• You will receive all the documents needed to open a bank account under the business
3. S Corporation Setup & Election
• S Corporation eligibility review
• LLC taxed as an S Corporation analysis
• S Corporation election done for you
• New corporation setup and tax registration guidance
• Reasonable compensation and payroll considerations
• Shareholder and ownership considerations
• Ongoing tax filing and compliance requirements
4. C Corporation Formation
• C Corporation formation assistance
• Articles of Incorporation preparation and filing assistance
• EIN registration
• Corporate bylaws and organizational document assistance
• Initial corporate setup and recordkeeping guidance
• Shareholder and ownership structure considerations
• Corporate tax filing requirements and ongoing compliance
5. EIN & Business Registration
• Federal Employer Identification Number (EIN) application assistance
• Federal and California business registration guidance
• California Secretary of State filing assistance
• Statement of Information filings
6. Getting Your Business Ready to Operate
• Setting up separate business banking and bookkeeping
• Initial accounting system setup
• Chart of accounts and bookkeeping organization
• Payroll setup and employer registration guidance
• Sales tax and seller's permit registration guidance, when applicable
• Estimated tax payment guidance
• Business recordkeeping and compliance checklist
• Tax planning
• Tax return preparation
**WHY WORK WITH OC TAX CPA?**
• Work directly with a Certified Public Accountant
• Understand the tax implications before choosing an entity
• Get personalized guidance based on your business and goals
• Coordinate entity formation, tax elections, accounting, and tax preparation
• Avoid choosing a business structure based solely on what someone else uses
• Get help understanding both initial setup and ongoing responsibilities
• Everything can be done 100% remotely if needed!
Whether you're starting your first business, launching a practice, forming a real estate investment company, or need guidance with any of the above, I can help you evaluate your options and determine the appropriate next steps.
OC Tax CPA also provides business tax returns, individual tax returns, bookkeeping, financial reporting, payroll services, and ongoing tax planning.
OC TAX CPA
Chris Torres, CPA
Phone: (949) 572-7432
Website: https://octaxcpas.com
Office: 1 Park Plaza, 6th Floor, Irvine, CA 92614
Thinking about starting a business? Contact me before you form your entity. Let's discuss your business goals, compare your options, and help you get started with a structure that fits your situation.