Strategic analysis is critical to winning the tax game. It gives you the opportunity to check your assumptions and see the results of the various options. The G&A Strategic Tax Analysis SM has shown that the bottom line -- how much tax you pay -- can vary by 100% between business forms.
What are your options for business form? The IRS recognizes only four of the business forms allowed by Texas state law.
Sole Proprietorship General Partnership Limited Partnership Limited Liability Partnership Limited Liability Company Professional Corporation Business Corporation
What taxes are levied on businesses in Texas?
Self Employment Tax FICA (Social Security & Medicare Taxes) FUTA (Federal Unemployment Tax) State Unemployment Tax Federal Corporate Income Tax Federal Individual Income Tax State Franchise Tax State Sales & Use Tax Miscellaneous other taxes
To begin your business' Strategic Tax Analysis, complete the Preliminary Analysis form and submit it for a free review. Mike Gray and Jim Hughes will review your input and let you know what potential you have to save some tax.