Corporate Formation Steps

1. Name of the new corporation: Give careful consideration to a name for your new corporation entity. You must have several alternate names, in case your first choice is already being used in your state.

2. The state charges incorporation fees in every state. This cost is included in the fee charged by Tax Strategies Inc.

3. The incorporators who move the paperwork through the state offices charge a fee. The client receives a corporate kit, which includes Certificate of Incorporation, Minutes and By Laws, Stock Certificate Book and Stock Transfer Ledger. This cost is included in the fee charged by Tax Strategies Inc.

4. Every new corporation needs a new Federal Employer Identification Number (EIN). Preparation and submission of the form necessary to obtain this is included in the fee charged by Tax Strategies Inc. To do this, we need your Social Security Number and the county where the corporation is located.

5. You will probably want a Federal Sub-Chapter S Election. Preparation of the form necessary to obtain this is included in the fee charged by Tax Strategies Inc. Please fax the acceptance of Federal Sub-S Election to my office when you receive it.

6. You will probably want a state Sub-Chapter S Election. Preparation of the form necessary to obtain this is included in the fee charged by Tax Strategies Inc. Please fax the acceptance of State Sub-S Election to my office when you receive it.

7. Clients usually have various questions and concerns about the incorporation process. Answers to these questions are included in the fee.

8. The combined fee for all steps listed in this process is $1,000.00 or $1,200 (PC).

9. What is not included: An employment contract, optional $395, see HireYourSpouse.com; a personal or corporate tax return; questions and concerns about what comes after the incorporation, i.e. corporate meetings and minutes, payroll, record keeping, etc; tax strategy and structure individual consulting or group seminar regarding the proprietary Tax Strategies Inc. 12 -Step Tax Reduction Program. Post-incorporation tax consulting is available at the rate of $200 per hour.

10. I have read this page. I understand it.

 

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