article thumbnail

How to Form a Corporation

Up and Running

Consider finding and working with a CPA and a lawyer. Nevada is also very popular because it boasts zero state corporate income tax, franchise tax, and personal income tax. If corporate taxes are totally new to you, it’s probably best to work with a CPA who also does Strategic Advising for small business owners.

article thumbnail

The Three Questions Every Start-Up Should Consider When Forming a New Business

Up and Running

The best advice is to assemble a team, consisting of a CPA and a lawyer to analyze what makes the most sense. Contrary to popular belief, it makes no sense to form the company in Nevada unless you are doing business there. , (3) How do I select a corporate name? SHOULD I FORM A LLC or CORPORATION? HOW DO I SELECT A CORPORATE NAME?

LLC 80