Incorporation and LLC Services

Columbus LLC Services

Are you starting a new business or looking for a business advisor for your existing small business? At James H. Fifield CPA, Inc., a Columbus,OH CPA firm, we have the experience needed to get your business started on the right track. We provide small businesses with a wide variety of Incorporation and LLC services including business plan development, entity selection, new business advisement, tax planning and more.

It's important to seek professional advice when starting a new business in the Columbus area. Because each type of business formation has different tax implications for businesses and their owners, it's important to choose the right entity for your needs. If you're ready to discuss your new business advisement options, give us a call today at 614-263-0405 to schedule your initial consultation.

Columbus, OH New Business Advisory Services

  • New Business Advisor - James H. Fifield CPA, Inc. provides the knowledge you need to get your business started off right.
  • Entity Selection and Incorporation Assistance -We'll assess your needs to determine the best type of entity for your small business incorporation.
  • Strategic Tax Planning - One of the biggest determining factors of incorporating are the tax implications. James H. Fifield CPA, Inc. will work with you to develop a plan to minimize your tax liability.
  • Business Plan Development - Every business needs a plan and James H. Fifield CPA, Inc. can assist you in developing a practical plan.
  • Startup Financing - Need help securing initial funding for your business? Contact us to learn how we can help.
  • Federal and State Tax ID Applications - James H. Fifield CPA, Inc. provides the know-how to easily complete applications for Federal and State Tax IDs.
  • QuickBooks® Setup and Training - We provide all the training you need to get your accounting and bookkeeping software off the ground.

What Type of Business Should I Form?

Corporations come in several forms, and make no mistake - there IS a difference. Avoid making a costly mistake by engaging the incorporation and new business advisor services offered by Columbus CPA firm James H. Fifield CPA, Inc. Contact us at 614-263-0405 to set up a consultation. We'll explain your options in detail.

Limited Liability Partnership (LLP)

A Limited Liability Partnership has two types of partners - general and limited. General partners have management authority for the business, and they also have personal liability for the company's obligations. Limited partners are those who invest in the company, but have no management authority and no personal liability except for the amount of their own investment. An LLP is often formed with a C or S corporation as the general partner, and it is not a separate tax-paying entity.

Limited Liability Corporation (LLC)

The owners or members of an LLC have no personal liability for the firm's financial obligations, but the company may be taxed as a partnership, so the members are required to report their income and deductions on their personal tax returns. Several legal documents are required to form an LLC, including an organizational agreement and articles of organization that are filed with the Secretary of State.

C Corporation

The owners or shareholders of a C corporation have no personal liability for its obligations, but the company itself is taxed and shareholders are taxed on any dividends or distributions they receive.

S Corporation

An S corporation is similar to a C corporation in many ways, but the company itself does not pay taxes, although shareholders must report income from the business on their personal tax returns.

Want to learn more about our Columbus incorporation services? Call us at 614-263-0405 to schedule a consultation.