We believe that the basis of a solid business venture is laid by selecting the right entity and planning for your new business.

Our firm can consult with you to select the appropriate form of business whether it is a Sole Proprietorship, C-Corporation, S-Corporation, General Partnership, Limited Partnership or Limited Liability Company. (see our comparison chart)

We will work with you considering both corporate and individual tax consequences as well as asset protection. Our goal is to help you select the right structure and then realize the tax savings and operational benefits each year going forward.

We will also work with you to cultivate your business plan. We can be as active or passive as you desire and our approach can range from preparing a complete business plan to simply coaching you and assisting you in writing and developing the business plan.

We can also assist you throughout the start-up phase of your business as a trusted advisor and consultant. Our goal is to simplify the start-up and development phases so you can focus more of your attention on growing your business.

Case Study

We had been using Meredith & Associates for several years to prepare our c-corp return, but I had been doing our personal income taxes to try to save money. We use to make hundreds of thousands at the c-corp level, but we are getting into retirement age and started having losses on our gross income and on investments.

Jackie at Meredith & Associates took the extra time to not only prepare our corporation’s return, but to ask us some detailed questions about why we had the company organized as a c-corp. She prepared a cost benefit analysis showing us that we would be saving over 30k immediately if we elected s-corp status. We already saw 15k of that savings when I let her prepare our 1040 for 2008, and next year we will see the rest.

On top of that, there are additional savings by reorganizing some of our wages that are subject to Medicare and social security taxes into non-taxable distributions. I really appreciated the fact that M&A doesn’t just number crunch but actually analyzed our situation as a whole to find the best tax saving strategies possible.

I learned a valuable lesson that by letting M&A take over all of our planning and tax work; we end up saving so much more than what I could have done myself. It is so important at our age and in this economy to have the best team at work for us.

Jan B.