Starting a new business in Colorado is exciting and a great idea! The professional staff at My Online Tax Accountant embrace the entrepreneurial spirit of the startup business and enjoy helping new ventures get off the ground. We will listen to your goals and short-term and long-term objectives and assist you in selecting an appropriate legal entity.

We want to help your business make a good start and to be present to assist as the business grows.

We help you avoid the common pitfalls that many new small business owners make when starting their new venture. Our new business formation services will provide you with a strategy that will give you a plan for the future that lays out a long view, providing a methodical approach that protects your dream and avoids the mistakes that many make.

New Colorado Business Formation

• Perform name search for availability
• Apply for certificate of formation
• Obtain EIN/Tax ID for new business
• Prepare items like form 2553 S Corp election if needed
• Operating Agreement for LLC and required Corporate Docs for Inc or Corp
• Provide initial guidance with you to review how it all works and how to follow formalities of your new business
• Select a business structure that best fits your needs by evaluating tax advantages, legal exposure and ease of operation.
• Select the right accounting software for implementation.
• Provide advice on record keeping and documentation.
• Prepare and file for Federal and state applications, licenses and permits.
• Provide advice on payroll and payroll tax filings.
• Provide Registered Agent services

Accounting and Documentation for New Businesses

Accounting Software
We’ll help you choose an accounting software package that is appropriate for your needs, including your budget and your hardware,

Annual / Monthly Budgets
We'll create a cash flow budget to help you anticipate your needs as you go through your business’ first few years of growth.

Business Insurance
We’ll assess your business’ insurance needs, and when you hire your first employee we’ll take care of setting up your payroll and payroll tax filing, making sure that you comply with all employment laws.

Billing Systems
We’ll help you create a billing system and collection policies and procedures that will facilitate cash flow, and help you create a budget and procedures to help you stick to it.

Business Permits and Licenses
We'll help you navigate and complete the many documents and applications required to establish a new business and help guide you in the process of applying for all appropriate state and local permits and licenses.

Federal EIN
We'll also apply for your Federal Employer Identification Number for your new business. 

Partnerships
If your business is a partnership, we’ll help you create a Partnership Agreement that provides all involved with the appropriate protections and anticipates and heads off potential problems in the future. 

If you are considering starting, buying or merging a business in Fremont County or elsewhere in Colorado, let the professionals at My Online Tax Accountant help you make your goals a reality. Our new business startup services are designed to help you understand the financial aspects of starting and running a business, as well as key Federal and State regulations regarding issues such as business entity selection, employer obligations and tax responsibilities. 

The professionals at My Online Tax Accountant would love the opportunity to help set you up to build a successful business. We have a team of experts who are happy to coach you through this new journey.