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Accounting Consult IV

In this stage you need to tighten up all remaining tasks that could utilize the guidance of an accountant. These often go hand-n-hand with bookkeeping, Human Resources and legal so you may need to enlist them as well to complete this task.Finalize your engagement with your CPA if you haven't alreadyMake sure you know what you need to keep track of for the tax yearThe CPA can provide some advice on your business entity. Most likely you'll select an LLC, but there are cases where a C-Corp is preferred.You'll also need to register your company with the IRS buy applying for a Federal EIN. You can use your SSN but there are advantages to separating your personal assets from the business. If you are a student, you are eligible for a Wisconsin credit via a voucher. As of 2021 you still need to file through the US Mail to be eligible for the voucher.

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Tasks Within the Stage

Don't stop now! Just pick the very next stage-card that resonates with your business and continue working on the correspondent tasks.