• Tax-Exempt Corporations: We are skilled in the formation of tax-exempt corporations and understand the complexities associated with this process.
  
  Incorporation and Formation-We prepare the necessary documentation for incorporation as a for-profit or non-profit corporation. We will assist you with this process by obtaining the necessary identification numbers, filing for tax-exempt status, and by providing guidance in retaining your tax-exempt corporation status. Our experience and efficiency will provide you with a smooth business start-up.

Self-employed individuals need to account for the taxes that they will pay through the year. They must ensure that they calculate estimated taxes for the federal and state governments correctly or there may be either a substantial shortage or an excess of taxes paid through the year. They must also be sure to pay payroll taxes for any employees that they have.

Small business owners may encounter varying tax treatment, depending on the type of business organization that they choose to use. Selection of a business organization can be heavily influenced by the type of tax treatment that will be applied to the particular business organization.

Individuals may also want to plan for the expenses that they will encounter for higher education for their children. A number of alternatives that provide tax benefits are available for setting aside money that can be used for tuition.

Estate planning and retirement planning provide crucial avenues to ensure that your assets are fully maximized for your benefit. Individual Retirement Accounts are wonderful vehicles for tax and retirement savings, but they are not available to everyone. 401(k) and similar plans also provide substantial tax benefits. True estate planning requires that you take into account all of the available options to make them work for you.

Dennis Eshman is licensed to practice law in the District of Columbia and Florida.