Pleasanton Business Accounting Lawyer
Making Sure You Have the Accounting Services You Need to Start Your Business
In California, it is especially important that a business have sound business accounting and tax practices. With the state facing a severe budget deficit, numerous tax penalties exist for those who do not comply with the letter of the law. It is vitally important for the health of your business that you avoid these pitfalls.
I am tax and business law attorney Connie Yi. Having worked as a CPA in a large accounting firm before opening my own law firm, I am well-equipped to put your business on a sound tax and accounting footing. Contact me today to schedule consultation. I serve clients from four accessible locations in the Bay Area.
Business Tax Considerations
Businesses tend to be taxed heavily in California − but some more than others. There may be different tax consequences, depending on whether you choose an S corp, a C corp, a partnership, or some other entity. For example, one advantage of a partnership is that it is not necessary to pay the minimum tax of $800. With a corporation, however, the corporate tax must be prepaid, and there is a penalty for being even one day late.
With all the budget cutbacks in California, even the seemingly simple matter of getting your business incorporated can be complicated. I know how to make arrangements to get papers filed with the secretary of state in a timely manner, despite the frequent furlough days for state government.
As an experienced business and tax attorney with CPA credentials, I can make sure you are aware of these considerations and encourage you to make sound decisions that further your goals. If you are in need of small business accounting services to operate your business efficiently, I can refer you to an accountant on my staff who can handle bookkeeping, meeting minutes, and other details accurately, freeing you up to focus on running the business.
For one-stop business law and tax consulting services in the Bay Area, contact me for consultation. For your convenience, I maintain four accessible locations with free parking and accept all major credit cards. In addition, I speak fluent Chinese. Evening and weekend appointments are available.