Business Members

Brooklyn Tax and Credits business members have a wide variety of services to choose from and a membership package is customized to the members liking. From entity formation, to tax filings, to bookeeping, to business credit Brooklyn Tax and Credit is a one stop shop for business owners and entrepreneurs. We offer many different pricing structures, allowing our members to pick what will best work for the them.

Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.

A detailed, step-by-step plan of action is needed to fulfill your dream of being your own boss and running a successful business. Success lies not only in what you do, but how and when you do it. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.

 

We can help you…

  • Select and Form your Business Entity

  • Build your Business Credit

  • Obtain Business Loans and Financing

  • Setup and Keep your Books

  • Prepare and File all Business Taxes

  • Discounts on Personal Services for You and your Employees

 

A customized package can be developed for you from one of our business specialists. Every business is different and based on industry, needs, and costs, choose from any of the following services:

 

  1. Prepare an initial business plan to clarify your marketing, management, and financial plans.

  2. Determine your start-up capital needs.

  3. Evaluate possible sources of funds and quantify your borrowing power in case more money is needed.

  4. Select a business structure that best fits your needs by evaluating tax advantages and legal exposure, as well as other variables such as ease of operation and portability should you need to relocate, among many others.

  5. Prepare and file your application for your Federal Employer Identification Number.

  6. Develop solid Bylaws, Shareholder Agreements or Partnership Agreements, whichever the case may be. These are extremely important documents for all new businesses with more than one owner and will help prevent a tremendous amount of legal, financial and emotional problems down the road.

  7. Setup QuickBooks for bookkeeping and accounting needs.

  8. Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month particularly during the first two years. Unplanned cash requirements can turn into dream killers.

  9. Help you qualify for business loans through alternative lenders while building the business credit rating. With our business credit system, qualify for unsecured credit lines up to $50,000, not attached to your personal credit, within six to nine months.

  10. Establish billing and collection procedures to maximize your cash flow.

  11. Keep the business books and records and establish procedures to monitor and control costs.

  12. Setup a home office to maximize your tax deductions.

  13. Prepare and file all required state and local licenses and permits.

  14. Provide payroll and payroll tax filing when paying yourself a salary or when hiring employees.

  15. Comply with employment laws so you don't get hit with fines and unhappy employees.

  16. Identify your business insurance needs.

  17. Prepare and file all business taxes quarterly and annually.

  18. Discounted rates for owners and employees on personal services such as tax preparation and credit repair.

 

Let us help you succeed by getting your new business off to a good strong start.

 

Thinking of owning your own business or working for yourself?