At Milligan Financial Services , we take pride in providing support to new entrepreneurs and business owners. We understand that it can be quite overwhelming to start a new business from ground up. We want to be your support structure in the critical phase of the formation of your new business.

We keep up with your expenses & income to comply with US GAAP regulations. We do the work so you can focus on one and the most important task of managing and growing your business venture.
We provide comprehensive support in following :

• Secretary of state business filing, new corporation , LLC registration.
• City and county licensing
• Alcohol permit
• State retail permit
• Sales tax account setup

 S- Corporation and Tax planning Strategy

If you are self -employed or own an LLC, We would highly recommend considering S-Corp election.

With an S-Corp election, the LLC owner no longer pays Self Employment tax (15.3% at the time of writing this)  Instead the owner manager is required to pay “Reasonable compensation” to the owner manager.

Please watch the following video to figure out the advantage of S-Corp structure and why lot of small business owners take advantage of it