New Business Entity Formation/Dissolution


Establishing a new business is no easy task. It is very time consuming because there is a lot to consider, such as the tax aspects of a business structure or how you can improve business performance. Sound Profit Solutions can setup a Corporation, Partnership or Limited Liability Company for you in any State you require.  There are many tax advantages for Corporations, LLC’s or Partnerships that do not apply to individual taxpayers.   Along with the creation of the business entity we will apply for an Employer Identification Number on your behalf which can be used to file your income taxes and any other tax documentation such as W2s.  We also offer Dissolutions for clients who are looking to close their business, and DBAs (Doing Business As).  Our pricing is affordable and less expensive than most law firms or businesses.   We’re here to help you through the entire process, including:

  • Business entity selection and formation

  • Incorporations

  • LLC Formations

  • Required filings with local, state and federal government

  • Tax classification elections

  • S-Corporation election

  • Setup of initial accounting system

  • Creating budgets and comparing them to actual results

Ongoing Services

The many aspects of operating a business can create a lot of questions that you need answered. Once your business is off and running, we help you stay on the right track by offering the following services as-needed:

  • Tax planning and preparation

  • Bookkeeping

  • Financial analysis

  • QuickBooks setup, training and tune-up

  • Payroll setup and processing