Stay Ahead of Law Changes & Protect Yourself Against Being Audited: Corporate Transparency Act and Reasonable Compensation

Tax & Accounting for Start Ups

Starting a business is hard enough – you shouldn’t have to go at it alone. Molen & Associates are experts in Tax & Accounting for Start Ups. We can help get your new business on the right track from the very beginning.

 

We understand that no two businesses are alike. That’s why we offer a range of services specifically tailored to start ups. We can help you with everything from bookkeeping and tax planning to payroll and financial reporting. And, because we’re always up-to-date on the latest changes in tax law, you can rest assured that you’re getting the most accurate and efficient service possible.

 

Here’s a breakdown of some of the ways we can help your start up business:

 

Bookkeeping: keeping accurate records is essential for any business, but it can be especially challenging for start ups. Our bookkeeping services are designed to take the hassle out of record keeping so that you can focus on running your business.

Tax Planning & Preparation: our team of tax experts will work with you to develop a customized tax plan for your start up business. We’ll make sure you’re taking advantage of all the available deductions and credits so that you can keep more of your hard-earned money.

Payroll: as a start up business, you probably don’t have a dedicated payroll department. That’s where we come in! We can help set up your payroll to allow you to go on auto pilot.

Financial Reporting: we know that one of the biggest challenges for start ups is access to financing. Our financial reporting services will give you the detailed information lenders need to see before they’re willing to provide funding.

 

Conclusion: 

If you’re starting a new business, don’t go it alone – let Molen & Associates help you with all your Tax & Accounting needs. We offer a wide range of services specifically tailored to start ups, and our team of experts is always up-to-date on the latest changes in tax law. Contact us today to learn more about how we can help your start up business succeed!

 

The Molen & Associates Difference

Mike Forsyth

“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”

Caitlin Daulong

“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”

Sy Sahrai

“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”

HRA 105 Reimbursement Plan: A Comprehensive Guide for Businesses

In today's evolving healthcare landscape, businesses of all sizes are searching for cost-effective ways to provide health benefits to their employees. One increasingly popular solution is the HRA 105 Reimbursement Plan. This plan offers flexibility, tax advantages,...

Do I Need to Pay Taxes on Payments Received in Cash?

Receiving payments in cash might seem like a simple and hassle-free way to manage your finances, especially if you're a freelancer, small business owner, or even just doing a few side gigs. However, while cash payments are convenient, they come with responsibilities...

Bonus Depreciation: Maximizing Tax Benefits for Businesses

Bonus depreciation is a powerful tax incentive that allows businesses to accelerate the depreciation of qualified property, thereby reducing taxable income and enhancing cash flow. This article delves into the intricacies of bonus depreciation, its eligibility...

Which Accounting Software to Use – QBD, QBO, Excel, NetSuite, Wave, Xero, etc.

In today's digital age, choosing the right accounting software is crucial for businesses of all sizes. With numerous options available, it can be challenging to determine which software best suits your needs. This article will explore some of the most popular...

Personal Property – Primary Residence Capital Gains Exclusion: How Does This Work?

The capital gains exclusion for the sale of a primary residence is a significant tax benefit available to homeowners in the United States. This exclusion allows taxpayers to exclude a substantial portion of the gain realized from the sale of their primary residence...

Personal Property – Primary Residence Capital Gains Exclusion: How Does This Work?

Personal Property – Primary Residence Capital Gains Exclusion: How Does This Work? The capital gains exclusion for the sale of a primary residence is a significant tax benefit available to homeowners in the United States. This exclusion allows taxpayers to exclude a...

Compensation and K-1 Reporting for Partnership Owners

As a business owner of a partnership, understanding how your compensation and earnings are reported and taxed is crucial for managing your finances and staying compliant with IRS regulations. Unlike S-Corporations (S-Corps), partnerships cannot pay their owners a W-2...

W-2 Salary vs. Distributions vs. K-1 for S-Corp Owners

W-2 Salary vs. Distributions vs. K-1 for S-Corp Owners As an S-Corporation (S-Corp) owner, understanding the distinctions between W-2 wages, distributions, and K-1 profits is essential for managing your tax obligations and business finances. In this article, we will...

Non-Compete Law Changes in 2024: What Employers and Workers Need to Know

Non-compete agreements have long been a standard tool for employers seeking to protect sensitive business information and retain talent, but their future is now uncertain. In 2024, sweeping changes to non-compete agreements are expected, driven by the Federal Trade...

FLSA Changes in 2024: What Employers and Employees Need to Know

The Fair Labor Standards Act (FLSA) governs minimum wage, overtime pay, and working hours, ensuring that employees across the U.S. are treated fairly. In 2024, significant changes to the FLSA overtime rules will take effect, directly impacting both employers and...

Request an Appointment Today

5 + 9 =

Call us at

Pin It on Pinterest

Share This