Your Accounting Partner for Business Success

Are you an aspiring entrepreneur launching your startup? Congrats on this exciting journey! At Startup Tandem, we’re here to simplify business formation, bookkeeping, and tax filing so you can focus on growing your business.

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Why Does Business Formation Matter?

Setting up your business properly right from the start is key to long-term success. Business formation involves making important decisions about legal structures, taxes, and finances. If you don’t handle these things right, you could end up with legal headaches, tax penalties, and financial chaos later on. And let’s be real, who wants that?

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Our Services for Startup Warriors

  1. Choosing the Perfect Entity
    • Picking the right legal structure for your startup is like choosing a superpower that suits your style. We’ll help you decide whether you should be a sole proprietorship, partnership, limited liability company (LLC), S corporation, or C corporation. We’ll break down the differences and guide you to make an informed choice that aligns with your goals.
  2. Navigating Registration and Licensing
    • We’ll be your guides through the bureaucratic maze of registration. We’ll help you get your business registered with the state and local authorities, snag that slick Employer Identification Number (EIN), file the necessary documents with the Secretary of State, and secure any licenses and permits you need to rock your industry.
  3. Tackling Taxes Like a Boss
    • Don’t stress about taxes—we’ve got your back! Our team will create a custom tax strategy tailored to your business structure. We’ll make sure you understand your federal, state, and local tax obligations, and we’ll show you all the nifty deductions and credits you can take advantage of. Plus, we’ll keep you compliant with tax laws, filing your business tax returns accurately and on time.
  1. Setting Up Accounting Systems
    • Let’s be honest, numbers can be a headache. But fear not! We’ll help you set up a slick accounting system that’s easy to use and keeps your financials in check. We’ll recommend the best software, set up your chart of accounts, and train your team on proper bookkeeping practices. No more late-night battles with spreadsheets!
  2. Fueling Your Financial Journey
    • If you need funds to turn your startup dreams into reality, we’ll help you out. We’ll create realistic financial projections and craft killer business plans to attract investors and secure financing. We’ll guide you through the world of funding options, giving your startup the best shot at success.
  3. Ongoing Accounting Awesomeness
    • Once your business is off the ground, we’ll stick around to support you on your journey. We offer a wide range of ongoing accounting services like bookkeeping, payroll processing, financial statement preparation, and tax planning. We’ll also give you valuable financial analysis and advice to help you make smart decisions and crush your goals.
Experience and Expertise

Our team of accounting superheroes has loads of experience helping startups like yours. We’re up to date on the latest regulations and best practices, so you can trust us to give you accurate and reliable guidance.

Tailored Solutions

We know every startup is unique, like a unicorn in a sea of horses. We’ll take the time to understand your specific needs, industry quirks, and long-term goals. That way, we can provide you with personalized solutions that fit your vision like a glove.

Comprehensive Support

We’re not just here for business formation. We offer a full range of accounting and advisory services to support you at every stage of your startup journey. Think of us as your all-in-one accounting sidekick.

Proactive Partner

We’re not just number-crunchers; we’re here to help you succeed. We’ll be proactive in identifying opportunities, mitigating risks, and optimizing your financial position. Your success is our mission!

Comparison of Business Structures

Let us help you understand the different business structures and taxes that there are. Let’s delve into it:

Sole Proprietorship

This structure is the simplest and most common. The business is not separate from the owner, and the owner is personally liable for debts and obligations. However, it offers minimal regulatory requirements and allows for direct control over the business.

Partnership

Similar to a sole proprietorship, but with multiple owners (partners). It offers shared decision-making and resource pooling, but partners are personally liable for business debts.

Limited Liability Company (LLC)

An LLC offers pass-through taxation like sole proprietorships or partnerships, and can choose S Corporation or C Corporation taxation for potential tax advantages. It provides limited liability protection to members and flexible management, maintaining a straightforward structure.

S Corporation

An entity that allows for pass-through taxation like an LLC, but with some restrictions on ownership and number of shareholders. It can help in reducing self-employment taxes.

C Corporation

A separate legal entity from its owners, offering limited liability to shareholders. It has more complex taxation, including potential double taxation, but allows for unrestricted ownership and investment opportunities.

Services Offered by Startup Tandem

With over 20 years of combined experience in accounting, finance, and tax, our team of experts is well-equipped to guide you through the intricate process of setting up and managing your business. We offer an all-inclusive package designed to provide comprehensive support throughout your startup journey, all for just $1900 per year. Here’s what you can expect when you choose Startup Tandem:

Business Formation Services

  • Name Availability Check:
    We’ll ensure your chosen business name is available and suitable for your venture.
  • FREE Registered Agent:
    We act as your registered agent, handling important legal documents on your behalf.
  • EIN Application:
    We assist in obtaining your Employer Identification Number (EIN), a crucial step for tax purposes.
  • FREE Corporate Compliance Tool:
    Stay on top of compliance requirements effortlessly with our complimentary tool.
  • Official Filed Articles of Incorporation:
    We’ll take care of the paperwork to officially establish your business.

Bookkeeping Services

  • Bookkeeping for the First Year:
    We’ll manage the financial records for your startup for the first year, streamlining your financial processes.
  • Accounting System Setup:
    Say goodbye to manual Excel sheets – we’ll set you up with a modern accounting system for greater efficiency.
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Additional Benefits

  • Customized Corporate Kit & Seal:
    Give your business a professional touch with a personalized corporate kit and seal.
  • Standard Processing Fee Included:
    We cover the standard processing fees, and expedited processing is available at an additional cost.
  • Bank Account Setup:
    We’ll assist you in setting up a bank account with one of our trusted banking partners. Please note that foreign shareholders may have limited choices.

Tax Filing Services

  • RS and State Tax Filing:
    Trust us to handle your federal and state tax filings accurately and on time.
  • Annual Franchise Filing:
    We’ll ensure your business meets annual franchise tax requirements.
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What's Not Included

  • State and Federal Fees:
    While we handle the administrative aspects, you’ll be responsible for any state and federal fees, which are typically one-time annual charges.
  • Subscriptions to External Software:
    Costs associated with external software subscriptions are not included in our package.

Is Startup Tandem the best advisor for business formations?

At Startup Tandem, we believe that your success is our success. Our all-inclusive package is designed to alleviate the burdens of business formation, bookkeeping, and tax filing, allowing you to focus on realizing your entrepreneurial dreams.

Ready to take the first step towards a successful startup journey? Contact Startup Tandem today, and let’s build your business together. Your dreams, our expertise – the perfect tandem for success!

startup tandem team at lunch

Ready to Rock Your Startup?

Don’t waste any more time! Reach out to us today for a chat about business formation, bookkeeping and tax filing and let’s kick-start your startup journey with a bang. Together, we’ll pave the way for your business success and conquer the startup world!

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