Business Formation and Income Tax Preparation in the Chicago, Illinois Area
Limited Liability Corporation (LLC) ● Incorporation ● Partnerships • Business Transactions
The choice of business entity is a critical consideration for any new business venture. Molohon Sandquist & James, LLP, has the real-world business credentials and legal acumen to advise small business start-ups on creating a foundation for success.
DuPage County • Cook County • Chicagoland Suburbs
Our Palatine, Illinois business law lawyers, serve all industries in the greater Chicagoland area in both business formation and accompanying transactions. We invite you to schedule a consultation to discuss liability concerns, taxes, profit distribution, annual costs, exit strategies, and all other new business entity considerations. Our firm will help you select the proper entity under which to operate:
- Limited liability corporation (LLC)
- Sub-chapter S corporation, Sub-chapter C corporation
- Limited liability partnership (LLP)
- Limited family partnership
We can knowledgeably advise clients on the tax consequences and personal liability concerns of any business entity, and will help clients decide which formation strategy best suits their individual needs. Accordingly, our firm will also draft bylaws, file all documents with the Secretary of State, issue stock, and prepare or review annual reports. We can also create business succession or dissolution plans.
Business Transactions
As our small business clients steadily grow, we facilitate or advise them on all types of transactions including:
- Buy-sell agreements
- Purchases or leases of commercial property
- Equipment leasing or purchases
- Financing for start-up, operations, or expansion
Real World Business Law Insights
Patrick Molohon holds an MBA in Marketing and has 30 years of experience in business law. He served as in-house counsel and vice president for several major corporations before founding our law firm in 1983. Douglas James holds an MBA in Finance and has 25 years of legal, corporate, and financial experience which he applies to our clients' individual needs.
Income Tax Preparation
The complexity of tax laws at both the State and Federal level continue to confuse and frustrate many people. We can provide:
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Expert tax preparation
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Help in effective tax planning
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Assistance in resolving audit and outstanding balance issues
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Advice and effective tax preparation for estate and fiduciary matter
Quality Legal Representation: 847-241-4460
Contact knowledgeable business law attorneys who understand what it takes to run a company. Molohon Sandquist & James, LLP, extends cost-effective legal counsel and responsive service to all of our small business clients. We accept Visa, MasterCard, and Discover.
