Small Business, Family-owned Business & Start-up Business

Income is receipts in excess of expenditures. Tax is based on taxable income. This simple idea is not that simple, especially in tax laws. The Revenue Code is thicker than the Bible. The rulings and the court cases are million times voluminous than the Code. The key factor is not only how to operate a business. It is also how to plan a business, how to organize a business, how to establish an entity, how to transfer ownership and how to wind down the business. Choi & Partners help you:

  • Establishing and evaluating strategic business plan
  • Structuring entities and ownership for growth and preservation
  • Designing procedures and internal controls
  • Establishing and maintaining accounting records
  • Compliance with payroll taxes
  • Integrated individual income tax planning
  • Wealth transfer planning