→ WHO IT IS FOR
Founders + owners at structural decision points.
- New owners deciding how to start
- Existing LLCs thinking about an S-corp election
- Owners adding partners
- Businesses outgrowing their original setup
→ SERVICE · DOVER, NJ
Set up your business the right way from the start.
The decision is not just about filing paperwork. It is about choosing a structure that fits how the business will actually operate and be taxed.
→ WHAT THIS PAGE IS ABOUT
Online formers file forms. We think through the structure.
Online formation services can file forms. They usually do not help you think through whether the structure makes sense, what it means for payroll, or how it changes your taxes. That is where J&S comes in.
→ WHAT CLIENTS DECIDE
The five real choices.
- Whether to stay a sole proprietor or form an entity
- When an LLC makes sense
- When an S-corp election should be considered
- What extra compliance comes with a structure change
- How the setup affects payroll, bookkeeping, and taxes going forward
→ FORMS + FILINGS
NJ-REG, EIN, Form 2553.
The setup side can involve New Jersey business registration through NJ-REG, an EIN application with the IRS, and an S-corp election through Form 2553 when that makes sense. After that, the structure chosen affects later filings like Schedule C, Form 1065, Form 1120-S, payroll returns, and New Jersey business-tax filings.
→ TIMING THAT MATTERS
The 2 months + 15 days rule.
S-corp timing is a big one. Form 2553 generally has to be filed within 2 months and 15 days of the start of the tax year it is meant to affect. In plain English: the decision needs to happen early, not after the year is already moving.
→ TOP MISTAKES
The setup decisions that hurt later.
- Filing the entity paperwork before thinking through whether the tax structure actually fits the business
- Electing S-corp status without understanding the payroll and compliance obligations that come with it
- Mixing personal and business banking from day one, which makes bookkeeping and tax prep harder immediately
→ OTHER SERVICES
The whole bookkeeping + tax stack, under one roof.
Business Tax Management
One accountant for your books, returns, payroll, and planning — year-round.
Personal Tax Preparation
1040, NJ-1040, multi-state, K-1s, rentals — for returns past basic W-2 territory.
Business Tax Preparation
LLC, S-corp, C-corp, partnership returns — federal + NJ CBT, done with the entity in mind.
→ NEXT STEP