Engagement
Small Business Formation & Entity Selection in Richmond
Expert small business formation & entity selection in Richmond. Licensed, insured, upfront pricing.
Entity choice is a tax decision dressed up as a legal one, and it is far cheaper to get right the first time than to unwind later. We run the comparison on your actual projected numbers — not a rule of thumb — and handle the filing once the structure is chosen, including S-corp election timing and the reasonable-compensation question that trips up so many new S-corps. As the business grows, the right structure often changes with it; we revisit the question at each engagement rather than leaving day-one paperwork to govern a company it was never built for.
Schedule of Work
What this engagement includes
- LLC, S-corp, and partnership comparison, run on your actual numbers
- Articles of organization and EIN registration
- S-corp election timing and reasonable-compensation guidance
- Operating agreement coordination with your attorney
- Multi-owner equity and buy-sell tax structuring
- A revisit whenever the business outgrows its original structure
How It Goes
From first call to the memo
Entity comparison & tax modeling
We run your projected numbers through each structure so the choice is made on math, not a guess.
Filing & registration
Articles of organization, EIN, and any elections are filed correctly and on the right timeline.
First-year setup
Payroll, accounts, and bookkeeping are configured to match the new structure from day one.
Annual structure check-in
We revisit the entity choice each year as the business changes — before it becomes an expensive fix.
Talk through your small business formation & entity selection engagement with a partner.
Thirty minutes, no obligation, fully confidential — and the fee in writing before anything begins.
Questions of Record
Questions about small business formation & entity selection
Straight answers before you book — the same answers we'd give in a consultation.
What do I need to bring to the first consultation?
Last year’s tax return and, if you run a business, access to your current books — that’s enough for us to spot the obvious opportunities and quote a fee. The first 30 minutes are free and carry no obligation either way.
How much will my taxes or bookkeeping actually cost?
You’ll know before we start. After a free consultation and a look at your records, we quote a fixed fee in writing — individual returns from , business returns from , monthly bookkeeping from . The engagement letter you sign is the invoice you receive; there is no hourly meter.
Who actually does the work on my account?
A licensed CPA or enrolled agent prepares and a second one reviews — on every return, close, and report. You’re assigned one partner as your point of contact, and that person stays with your account year over year.
In Closing
Put your books in better hands
Book a free 30-minute consultation — a partner will review your situation and quote a fixed fee in writing. No obligation, no hourly meter.
1 N 5th St · Richmond, VA