Business Entity Setup, Review & Compliance

POLARIS TAX & ACCOUNTING

Polaris Tax & Accounting – Supporting Business Owners Nationwide

Choosing the right business entity is one of the most important decisions you’ll make as a business owner. It impacts your taxes, liability, recordkeeping requirements, and even how you can raise capital. At Polaris, we don’t just file paperwork—we provide guidance tailored to your goals so your business starts (and stays) on the right path.


How We Help Business Owners

Entity Selection & Formation

  • Guidance on choosing the right entity (LLC, S-Corp, PLLC, Partnership, Sole Proprietor, DBA) based on your business model, industry, and tax impact.

  • Filing formation documents with your state, EIN registration, and operating agreements or bylaws as needed.

  • Tax election filings (e.g., S-Corp election with the IRS).

Entity Review & Changes

  • Periodic review of your current structure to confirm it’s still the best fit as your business grows.

  • Assistance with changes such as business name updates, shareholder/ownership changes, or restructuring from one entity type to another.

  • Preparation and filing of amendments with the state and IRS when needed.

Ongoing Compliance

  • Annual report filings in all 50 states to maintain your “active” status.

  • Initial reports and publication requirements where applicable.

  • Registered Agent service to protect your privacy and ensure state notices are received securely and promptly.

Closing or Restructuring

  • Guidance on properly dissolving a business, including Articles of Dissolution and final tax returns.

  • Support in merging entities or winding down to avoid future liabilities.


Why Entity Selection Matters

  • Taxes: Choosing the wrong entity could mean paying thousands more in unnecessary taxes.

  • Liability Protection: Proper setup shields your personal assets from business risks.

  • Flexibility: The right entity gives you options for compensation, ownership, and even exit planning.

  • Compliance: Many businesses fall out of good standing simply for missing state filing deadlines—leading to fees and headaches.

At Polaris, we help you avoid these costly mistakes by combining tax expertise with compliance management.


Why Work With Polaris

  • Nationwide Reach – We can establish and maintain entities in all 50 states.

  • Tax-First Perspective – As Enrolled Agents and tax specialists, we look at both compliance and the tax savings opportunities in every decision.

  • Simple Process – We guide you through the filings and requirements in plain English, giving you confidence that everything is handled correctly.

  • Year-Round Support – From formation to dissolution, we remain your partner at every stage of your business.


📞 Ready to form, review, or update your business entity? Contact Polaris Tax & Accounting at 704-947-3178 or request a consultation.

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Services Provided

POLARIS TAX & ACCOUNTING

The Polaris Tax Strategy Finder is intended for educational purposes only. It does not constitute tax advice, legal advice, or financial planning. The results are based solely on the inputs you provide and are designed to highlight commonly available strategies used by individuals and business owners with similar profiles. Before implementing any strategy listed in this tool, we strongly recommend speaking with a qualified tax advisor to confirm eligibility, compliance, and potential savings for your specific financial situation.