Get Going In Business

When starting a business, there are steps to take in fulfilling legal, state and federal requirements. The business structure you choose determines whether you will incur double taxation or make savings by paying less in taxes. Find out more about starting your own business We’re talking to Cory Johnson from Cory W. Johnson, CPA, LLC which is located in Silver Spring, Maryland. Originally from Baltimore, he graduated from Temple University in Philadelphia with a BBA in accounting and then worked as an accountant and auditor for Aramark, Grant Thornton LLP, and KPMG. He is currently an accountant with The Architect of the Capitol which is a federal government legislative branch agency. Starting a Business - Key Points Start with an operating agreement or bylaws. File your organizing documents in your state of residence or where you want your business to be incorporated. Before you launch your business, obtain a federal employer identification number from the IRS. Clients often don’t have the tools t