Thinking of starting your own business? Congratulations, taking the leap into entrepreneurship is an exciting move. One of the first and most important decisions you’ll make is how to legally structure your business.
At Basso & Guida, we now offer in-house business incorporation services that go beyond just paperwork. We help you make smart choices from day one, so you can start strong and grow confidently.
Here’s how our incorporation process works and why it’s a smart alternative to hiring a lawyer.
Why Incorporate Through an Accounting Firm?
While many business owners default to working with a lawyer to incorporate, doing it through an accounting firm like Basso & Guida offers unique advantages:
- Cost Savings: Our incorporation service is typically more affordable than hiring an attorney.
- Tax Optimization: We guide you on selecting the entity type (LLC, S-Corp, C-Corp, etc.) that offers the most tax benefits for your situation.
- Financial Strategy from Day One: You get more than just legal setup, you get long-term financial planning built in.
- Continuity: From formation to growth, we’re your trusted advisors, not just at the start, but at every step.
Step-by-Step: Incorporating with Basso & Guida
Here’s what to expect when you incorporate your business with us:
Step 1: Initial Consultation
We begin with a deep dive into your business goals, personal financial picture, and long-term plans. This allows us to understand your needs and recommend the right business structure.
Questions we ask:
- Are you a solo owner or do you have partners?
- Will you hire employees?
- What are your projected revenues?
- What industry are you in?
Step 2: Choosing the Right Entity
We help you choose the ideal structure for your business:
- Sole Proprietorship
- LLC (Limited Liability Company)
- S-Corporation
- C-Corporation
- Partnership
Each has different tax implications, liability protections, and administrative requirements. We break it all down so you can make an informed decision.
Step 3: Paperwork + Filing
Once the structure is selected, we handle:
- Business name search
- State formation documents
- EIN (Employer Identification Number) application
- Initial operating agreement or bylaws (if needed)
- S-Corp election form (if applicable)
Step 4: Banking + Accounting Setup
We’ll help you:
- Open a business bank account
- Choose cloud accounting software (like QuickBooks or Xero)
- Set up your chart of accounts for clean recordkeeping
- Establish a budget or forecasting model
Step 5: Ongoing Support
After incorporation, our work continues:
- Monthly bookkeeping (if you opt in)
- Tax planning and quarterly estimates
- Payroll setup if you hire employees
- Compliance reminders (like annual reports or S-Corp renewals)
The Value of Starting With Your Accountant
When you incorporate through Basso & Guida, you’re not just registering a business—you’re building a foundation with your financial team from day one. That early relationship allows us to advise you more holistically and avoid costly mistakes later.
And because we specialize in working with small businesses, startups, and niche industries, we understand the unique challenges new owners face.
Who This Service Is For
Our incorporation services are ideal for:
- New entrepreneurs launching a business
- Sole proprietors ready to upgrade to an LLC or S-Corp
- Freelancers who want to formalize operations
- Partners forming a new venture
- Out-of-state businesses expanding into New York
Whether you’re in Long Island or beyond, we’re ready to help set you up for success.
Ready to Launch the Right Way?
Let’s make your business official, the smart way. Contact Basso & Guida today for a consultation and discover how our incorporation services can set you up for growth and success.
