Empowerment through Education and Economic Enrichment

Helping to create generational wealth one client at a time. Need financial advice from our Team of financial experts?

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Giving you the freedom to focus on your business

"As an owner of two businesses, it was important to find an accountant with unmatched energy and professionalism. The People’s CPA is truly a GEM! Her business acumen is exceptional; paired with her vibrant personality working with her has been nothing short of amazing. I recommend her for any accounting needs."

Chelsea Miller

CEO, Freedom March NYC

Consultations

Ready to grow your business? Schedule a consultation with one of our trusted CPAs today!

Accounting Solutions

Industry specific accounting and tax solutions for generational wealth creators.

Entity Filing

Ready to create an entity to protect and build your business idea?
File with Fola! We form entities in all 50 states.

Education

As a proud advocate for financial literacy, Fola Financial is committed to empowering others through the use of Financial Education.

We're here for your growing financial needs

Talk to a small business expert today on the Fola App

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Using an accountant to form your business is advantageous due to their small business tax expertise in your state and industry. They will analyze your information and recommend the optimal structure for your small business, minimizing your tax burden in the process.

First, you need to determine what forms you’ll need. The forms depend primarily on your business type and whether shareholders will pay their own taxes. Next, determine the tax deadline for your business type.

Then, you should gather your records, look for tax credits and deductions, and deduct any estimated tax payments.

If you’re unable to pay, consider filing for an extension to pay or research alternatives to pay taxes.

Your state changes a tax deductible fee to file a new business entity, which we pass along with no additional markup. Our fees are for added value services at different price points, depending on the package you choose.

The central entity types include sole proprietorship, general partnership, limited partnership, C corporation, S corporation, and limited liability company. Each has different benefits regarding the taxation of your business. Our experienced CPAs will recommend the best entity for you based on the information provided.

It typically takes five to ten business days to form a business but can vary depending upon entity type and state. It can sometimes take longer, depending on volume. We can help expedite the process.

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