Collective aims to help you set up your business, manage your back-office, and plan for taxes, so that you can focus on what you love doing. As a member, we will be providing you with all of the following services:

Corporate Legal Solutions

  • Entity formation work
  • Obtaining tax IDs
  • Post-formation tax elections
  • State level corporate registration
  • State level employer registration
  • Foreign registration
  • Re-domestication
  • Registered Agent

Accounting

  • QuickBooks Online Essentials account provided free of charge
  • Gusto payroll account provided free of charge
  • Training and on-demand support for both QBO and Gusto
  • Quarterly review of accounts and books
  • Detailed feedback on how to improve accuracy
  • Guidance on how to optimize deductions and expenses, etc.

Bookkeeping (additional services for clients on upgraded subscriptions)

  • Daily categorization of all transactions
  • Monthly reconciliation of accounts
  • Assistance with preparing invoices
  • Monthly management reports prepared
  • Guidance and feedback on improving cash flow, etc.

Taxation

  • Preparation and filing of business income tax returns (federal & states)
  • Preparation and filing of individual income tax returns (federal & states)
  • Preparation and filing of LLC filing fee returns (state only filing)
  • Preparation of all four quarterly tax estimates (federal & states)
  • Recommendations on adjusting ‘reasonable compensation’ to mitigate risk
  • Regular updates on changes in law and tax savings opportunities, etc.

Communication

  • Dedicated Member Relationship Manager
  • Personal Slack channel
  • Periodic newsletters
  • Periodic Community Spotlight
  • Access to affiliated partners

Please feel free to reach out to us in your slack channel if you have any questions and our team will be happy to assist.

Did this answer your question?