Business Services

Kave Tax & Business Consultants, LLC. It gives them a chance to focus on the everyday operations of their business. We have the appropriate experience, you could set yourself up as a freelancer; however, by starting with a tax preparation franchise, you will receive courses, seminars, and training.As a business Consultant, I get a great deal of satisfaction in working with others to better their businesses, and seeing the fruits of my labor when I drive down the street and find that business still thriving some years after my recommendations and implementations.

SMALL BUSINESS SOLUTIONSBUSINESS CONSULTING.

We focus on 13 key areas of start-up business management that enables them to plan, understand and grow their business.

Modernize Operations.
Financial Management,
Business Support,
Market Planning.
Process Improvement.
Redefine Workforce.
Talent Management,
Organizational & remodeling.
Energize Strategy.
Business planning & Growth,
Innovation,
Customer Loyalty & Engagement,
Etic.

We Incorporate the following entities with our strategies:
• C Corporation
•S Corporation
•Limited Liability Company (LLC)
•Limited Partnership (LP)
•Limited Liability Partnership (LLP)
•Non-Profit Corporation

10 STEPS TO STARTING YOUR OWN BUSINESS Are you ready to became an entrepreneur?

Starting your own business is also an emotionally appealing choice. You might envision:
• Working from home and having more time to spend with your family.
Having the freedom to work only on projects that are socially responsible and challenge you intellectually.

Being able to work the hours you want so you have time for the pursuits you enjoy.
Having the financial means to achieve your other life goals. You may rightly feel that predictions about the number of new business failures don’t apply to you because you are not starting from the same place as other entrepreneurs Because of your business expertise, you may have greater confidence, connections, and access to the resources you will need to get started.
1-Personal Assessment
2-Hone your idea
3-Develop your Business Plan
4-Determine your legal structure.
5-Set up your bookkeeping
6-Get permits, Licensing and Insurance
7-Selecting your Location
8-Build your internet presence
9-Put together your Team
10-Get financing

You may contact us for registration of sole proprietorship business and expert advice for tax matters.

Choosing a Business Legal Structure

Like all entrepreneurs, business consultants are faced with the decision of how to legally structure their business operation. You may be familiar with the different forms of legal structures, Sole Proprietorship, Partnership, Corporation or Limited Liability Company, but it’s worthwhile to review them briefly so that you can consider your options. In this section we will look at the advantages and disadvantages of each for businesses.

A sole proprietor.

A sole proprietor is someone who owns an unincorporated business by him or herself.

All sole proprietors are self-employed, and individuals are considered self-employed sole proprietors if the carry on trade or business as an independent contractor or if they are in business for themselves.
Sole proprietorship do not produce a separate business entity, making it difficult to separate the owner's personal and business assets and liabilities.
Stating as a Sole proprietor might be best way to see if a business idea can last, especially since one always charge the business type later as needed.

A Sole Proprietor is one individual who owns a company that is not incorporated or registered with the state as a limited liability company (LLC) or Corporation. This includes everyone who is a freelancer, independent contractor and many business owners who don’t have partners. Household employers are also included in this category.

The key elements of a sole proprietorship are as follow:
Start-up costs are inexpensive.
Owner control all facets of business.
The business and the owner are one. There is no separate legal entity and thus no separate legal person

The owner is liable for the company's debts and actions.
purchase insurance to cover the risk of running the business is a advisable. Consider consulting an insurance specialist.

Sole Proprietorship

Advantages

Low start-up costs
Greatest freedom from regulation
Owner all profitsUse
Owner Abilities.
Owner in direct control of decision.
The business can be terminated with minimum of fuss.
Ease of dissolving.

Disadvantages

Unlimited liability
Limited skills to manage and expand the business
Difficult to raise capital.
Long hours and difficult to take days off.
Business cease when the owner dies.

You may contact us for registration of sole proprietorship business and expert advice for tax matters.

Limited Liability Company (LLC)

LLCs are generally the preferred entity structure for certain professionals and landlord as it is a corporate structure where the members (owners) cannot be held personally liable for the company's liabilities. LLCs have flexibility as the owners can file as a partnership, S Corporation or even sole proprietor since the LLC is really a legal and not tax designation.

An LLC business structure gives you the benefits of a partnership or S corporation while providing personal asset protection like a corporation. Similar to incorporating, there will be substantial paperwork involved in establishing this business structure. LLCs have flexible tax options, but are usually taxed like a partnership.
Here are some of the advantages and disadvantages of LLCs:

Advantages

Limited liability similar to a corporation
Tax advantages similar to a corporation
Can be started with one (except in Massachusetts) or more members like a sole proprietorship or partnership

Disadvantages

More costly to start than a sole proprietorship or partnership
Consensus among members may become an issue
LLC dissolves if any member leaves.

You may contact us for registration of a Partnership business and expert advice for tax matters.

A Limited Liability Company is formed by filing articles of organization with the individual state’s Secretary of State. Owners of an LLC are called members. Members may include individuals, corporations, other LLCs, and foreign entities. An LLC can be formed by one or more members, and there is no maximum number of members.

LLCs are generally the preferred entity structure for certain professionals and landlord as it is a corporate structure where the members (owners) cannot be held personally liable for the company's liabilities.

LLCs have flexibility as the owners can file as a partnership, S Corporation or even sole proprietor since the LLC is really a legal and not tax designation.

Partnership

A partnership is a business that two or more individuals own and operate together. Unlike other business structures, there are multiple types of partnership you can establish.
The relationship between the partners, type of ownership, and duties of each partner are typically outlined in a partnership agreement. Depending on the amount of participation in the partnership, partners may be liable for business debts.
If you’re familiar with partnerships, you’ve likely heard of general and limited partnerships. However, there are a couple of other forms of partnership out there. Check out the four types of partnership below:

Limited partnership
General partnership
Limited liability partnership
LLC partnership

A Partnership is an unincorporated organization with two or more members. The members of a Partnership carry on a trade or business venture and divide its profits. Partners can be individuals, corporations, trusts, estates, and other partnerships. Each partner contributes money, property, labor or skill, and expects to share in the profits and losses of the business. The tax liability of the Partnership passes through to its partners.

A general partnership consist solely of general partners and is the simplest and expensive co-owned business structure to create and maintain. A limited liability partnership has one general partner with unlimited liability and control, and all other partners have limited liability and control. Profits are passed through to personal tax return for the partners who have the limited liability. The general partner is responsible for managing the business affairs, while the limited partner typically provides capital to the partnership. General partners will always pay self-employment tax on their income from the business, while limited partners often do not.

Incorporation

incorporation of a business means that a separate, legal corporate entity has been created for the purpose of conducting business. Like an individual, corporations can be taxed, sued, can enter contractual agreements and are liable for their debts. Corporations are characterized by shareholders, a board of directors and various company officers. As such, ownership interests can be freely transferred.

Creating a corporation requires filing of numerous documents to legalize your business, as well as formally naming a president, shareholders, and director(s), all of whom can be a single person as set out in the company charter. As the rules and forms required for incorporation vary from state to state and province to province, it’s best to consult your local business licensing office or a local lawyer specializing in incorporation.

Incorporation and the issuing of stock shares allow companies to sell some of those shares to raise capital for business operations and expansion, they can also to use them as collateral for loans, or equity for venture capital investments.

When a business incorporates it creates shares which are sometimes called stock. These stock shares represent ownership of the company.

Here is a list of some of the advantages and disadvantages to incorporating your Business

Advantages
The primary advantage of corporations is that they can issue stock shares. This gives corporations the ability to attract investors and venture capitalists. Tax liability can also be limited with incorporation and income sharing.
Protect personal assets and income from liability by separating your business income and assets from your personal.
Corporations get greater tax breaks and incentives
Ownership can be sold or transferred if the owner wishes to retire or leave the business
Banks and other lending institutions tend to have more faith in incorporated businesses so raising capital is easier.

Disadvantages
Increased start-up costs
Substantial increase in paperwork
Your business losses cannot be offset against your personal income
Corporations are more closely regulated.
Traditional C corporations have two significant disadvantages. The first, worst, is double taxation on earnings. Firstly, profits from the Corporation are taxed, and then the shareholders, the business owners, and shareholders must again pay taxes when they receive dividend payments.
Because of this negative ramification, S-type corporations were developed to avoid double taxation. These type of corporations have restrictions which include a limit of 100 shareholders.

You may contact us for registration of a Partnership business and expert advice for tax matters.

continuous-cooperation-partnership-carto

S-Corporation.

An S Corporation is similar to the corporation in most ways, but with some tax advantages. The corporation can pass its earnings and profits on as dividends to the shareholder(s). However, as an employee of the corporation you do have to pay yourself a wage that meets the government’s reasonable standards of compensation just as if you were paying someone else to do your job.

Operating as an S-Corporation may be wise for several reasons:
Forming an S-corporation generally allow the shareholder to pass business losses through to their personal income tax return where they can use it to offset any income that they (and their spouse if married filing jointly) may have from other sources.
When the S-Corporation is sold, the taxable gain on the sale of the business can be less than it would have been had the shareholders operated the business as a C corporation.
Unlike active LLC owners, S-Corporation shareholders are not subject to self-employment taxes which can add up to more than 15% of your income.

Features of S-Corporation.

The entity must be a “domestic corporation”. A domestic corporation refers to an entity that cannot have non-resident shareholders as its owners.
An entity must be having its shareholders to be less than or equal to 100.
All shareholders must be individuals. However, there are certain aspects to this requirement that need to be discussed further.
Trusts and estates that are considered as charity organizations and which get exemptions from taxation and can be considered as a shareholder.
Partnerships or other corporations are not eligible to be shareholders. Family members are treated as a single shareholder in S corp. This implies that spouses or individual descendants of the elected shareholder will be considered as a single shareholder.
An entity that owns one class of stock (This simply means profits and losses are distributed to owners/ shareholders in proportion to their interest in the business).
The entity must comply with all such requirements as listed above. In the event it fails to do so, the entity will no more be granted the S corp status.

You may contact us for registration of a Partnership business and expert advice for tax matters.

C- Corporation.

A C Corporation is a type of business entity that is formed and regulated by the state. The policies, articles, and regulations for forming a C Corporation differ from state to state. In this type of business entity that is most prevalent, the owners or shareholders are taxed separately from the business entity. The taxing happens both at corporate and personal levels thereby leading to a double taxation situation.

This Corporation is owned by shareholders who in turn elect the board of directors that undertake the responsibility of making business decisions and overseeing the policy of the business.

Since this Corporation is considered as an independent entity, so it does not stop existing when there is a change of ownership or shareholding.
The owners of this Corporation have limited liability so they are personally not liable for the debts incurred by the corporation.

The owners or shareholders cannot be taken to court individually for any wrongdoing by the corporation.

Additionally, a legal requirement may force a business to become a C corporation.
Here are when a company is required to be a C-corp:
Over 100 shareholders
Foreign shareholder
Partnership or another corporation as a shareholder
Multiple classes of stock Certain institutions (insurance and financial companies)

Benefits of a C-corp

Keep profits in business without being taxed
The business entity will exist without original owners
Investor friendly
Unlimited shareholders
Limited liability: Generally, corporate shareholders are not personally liable for the debts, liabilities, and obligations of the C corporation.
No limit on shareholders: Unlike S-corps, C corporations are not limited to 100 shareholders. C-corps are an excellent option for businesses that intend to go public or have a large number of shareholders.

Disadvantages of a C-corp

Double taxation (at the corporate and individual level)
Yearly board of directors meeting
Possibly more expensive with assistance from CPA
Double taxation: C corporations are taxed first on their profits at the corporate level and then as dividends on shareholders’ individual tax returns.
Expensive to set up: In addition to state-specific filing fees between $50 and $500, filing for C corporations is a complex process that may require you to hire an attorney.
Heavily regulated: C corporations must follow strict meeting, record-keeping, and other operational requirements.

You may contact us for registration of a Partnership business and expert advice for tax matters.

What Are FHA Loans?

An FHA Loan is a mortgage loan which is insured by the U.S. Federal Housing Administration. Often aimed at first-time buyers and low-income earners, an FHA loan can enable applicants to obtain a mortgage with a relatively small down payment. FHA loans are a great option for a lot of home buyers, particularly if they're buying their first home.

Federal Housing Administration (FHA) loans are government-backed mortgages for single-family and multifamily homes.

FHA-backed loans typically have lower income and credit score requirements than conventional mortgages.

FHA also requires a minimum 3.5 percent down payment, which is helpful for buyers who don’t have a lot of funds saved for a big lump sum payment.
FHA loans lower the bar to a far more realistic level, requiring as little as 3.5%. So, on a $450,000 house, you would only need to plunk down $15,750 to qualify for an FHA loan.

These are two reasons FHA loans are so popular among first-time home buyers, people on tight budgets and folks who have lower credit scores.

FHA loans do require FHA mortgage insurance for home buyers who put down less than 20 percent.

All FHA borrowers must pay two insurance premiums: the upfront mortgage insurance premium (1.75 percent of the base loan amount) and an annual mortgage insurance premiums. The annual premium is based on loan terms, loan amount and the loan-to-value ratio. Keep these extra costs in mind when you’re budgeting for a house.

Pre-Qualify for a FHA Home Loan

Pre-approval is when your lender reviews your financial situation and checks if you can get a loan, and also how much they can lend you. It is called a pre-approval because it is completed before you start to look for a house and before the loan is officially approved. At this stage, you generally need to provide your W-2s, pay stubs, self-employment profit and loss statement, tax returns for last two years, and bank statements. You could need to provide more information on any of these during the underwriting process. Pre-approval is important because it show the seller that you have been approved for a mortgage. After you have been pre-approved by the FHA lender, you then can start to shop for a home that meets the approved price range.

TRAVEL AGENT SERVICES

-AIRLINE TICKETING
-TOUR PACKAGES
-LAND ARRANGEMENT
-TOURIST TRANSPORT SERVICE
-TEAM BUILDING FACILITATOR
-TOURIST GUIDE
-TRAVEL INSURANCE
-DISCOUNTED HOTEL ACCOMMODATION
-CAR RENTAL

CONTACT: ELENA JIMENEZ

Travel Agent.
Travel agents help travelers by sorting through vast amounts of information to find the best possible travel arrangements. In addition, resorts and specialty travel groups use travel agents to promote travel packages to their clients.

Travel agents also may visit destinations to get firsthand experience so that they can make recommendations to clients or colleagues. They may visit hotels, resorts, and restaurants to evaluate the comfort, cleanliness, and quality of the establishment. However, most of their time is spent talking with clients, promoting tours, and contacting airlines and hotels to make travel arrangements

Budgeting for a vacation is one of the most important aspects of trip planning. Figuring out how much you can spend on flights, lodging, food, and activities means the difference between the trip of a lifetime and a trip that causes serious financial stress.

If you are looking for the best deals on vacation packages, cruises, hotels, flights, rentals, sports & concert tickets, etc. please check out.

NOTARY PUBLIC.

Do you need a notary service for any of these listed services, please call Kave tax & business consultants, LLC or stop by with a valid Government issued ID card:
Please read the following guidelines before using our notary service so you come prepared:
• Please bring a valid, government-issued photo ID card.
• All documents must be completely filled out in advance except for where your signature is needed.
• All documents must be in English.
As an added service, We can also provide a witness during the signing as needed.

•Acknowledgements
•Jurats
•Loan Documents (Coming Soon)
•Power of Attorney
•Living Will
•Advance Directive
•Permission for Minor to Travel with Accompany Adult(s)
•Copy Certification by Document Custodian
•Affidavit of Support
•Grant Deed / Quitclaim Deed
•Dissolution of Marriage
•Trusts

IMMIGRATION SERVICES

Helping Our Immigrant Communities
We provide immigration services that benefit our community throughout New York City.

Immigration Services is an immigration documentation organization. We take great pride in providing full service documentation for the following immigration petitions.
H1B transfer, renew Green card based on employment.
Green card based on investment
Green card based on family
Green card based on extra ordinary ability.
Citizenship applicationK1 visa, K3 visas.
Our rates are reasonable and services are fast and effective.
Visit our office

Note: We are not attorneys in US. Kindly do not depend upon us for legal advice. Our scope of services limits us to documentation for immigration petitions.

U Visa
DACA
Citizenship
Green Card
Fiancé Visa
Fee Waiver
Travel Permits
Family Petition
Work Authorization
Passport Application
Affidavit of Support
I-601/ I-601A Waivers
Removal of Conditions
Visas and Visas Extension

TRASLATION SERVICES

Kave tax & business consultans llc. offers high-quality research translation services that are designed to support non-native speakers of English. We have a team of professional translators with subject matter expertise and high-quality translation skills

Interpretation Services
Certified Translations ( Spanish/English)

DIVORCE- FAMILY COURT

Uncontested Divorce

There are two types of divorces – contested and uncontested. Contested divorce is when the outcome of the separation has to be decided by the courts. It is a lengthy, contentious, and often expensive avenue.

An uncontested divorce is when both parties agree on the majority of issues – asset distribution, child custody, child support, debt allocation, and spousal support – without needing a judge to intervene. It is a simpler and more affordable than the contested divorce alternative.

Cheap divorce services are for uncontested divorces (or agreed divorces). There are usually different prices for an agreed divorce with kids and one without kids. While you can legally get a divorce this way, you’re leaving yourself open for some problems down the road.

Simplified Divorce
Answer to Divorce
Divorce by publication.

INSURANCE SERVICE

One decision you need to make when looking at life insurance to protect you and your family is choosing between permanent versus term life insurance. Each person’s situation is different. I will cover important aspects of each type of coverage to enable you to make the decision that is best for your situation.

You should strongly consider converting your term life insurance into permanent coverage, especially if your insurance provider has extended you a conversion provision. If you do in fact have a need for life insurance at this point in your life, your need is permanent, not temporary

There are many factors that may come into play when you choose a life insurance policy. After price, the company selling the policy could be the most important. Going with a trusted insurance company may play just as a big a part in your decision making as finding the right price point.

Most people are shocked at the cost of life insurance when they are in their 50’s or 60’s! Rarely do young people inquire about life insurance premiums for 60 year old's. If they did, it may change their outlook on whether it’s smart to pay a little more to start a permanent life insurance policy that will last their entire life. If a permanent policy is structured correctly, premiums may only need to be paid until the age of 60. Then you essentially have free coverage for the rest of your life! In many cases, the life insurance policy can also pay you back once you get to retirement age! Then you have paid up life insurance AND another source of Tax-Free income during the retirement years.

Protection you need. Benefits you didn't expect.
Starting out? Growing family? Nearing retirement? Life insurance from Primerica Life offers protection plus benefits that can help can fund your retirement, pay for college, or just give you financial peace of mind.*
Professional liability insurance, also known as errors and omissions insurance, will pay out to cover the cost of a mistake that harms or negatively affects a client during a professional service.

www.primerica.com/elenajimenez

CREDIT REPAIR

Thinking about how to fix your credit score and repair credit history can be a bit overwhelming at first. Fortunately, there are simple steps you can take to get the ball rolling in the right direction.

Start by understanding what bad credit costs you – higher interest rates, application declines, and lost job opportunities.
Then, focus on getting rid of the errors on your credit report through a reputable credit repair company or on your own through the credit reporting agencies.
Finally, commit to being responsible with your credit accounts moving forward, and hit the refresh button on your payment track record if possible.

The combination of these activities will let you answer the question, how can I fix my credit, in the most efficient way possible.

Start and Operate Your Own Home-Based Business

Starting a home-based business is the hottest trend in today's challenging business environment! Learn how to be your own boss and eliminate the stress of having a job.

Start Your Own Online Business

The Internet has changed the way people communicate and the way businesses operate. It's also made it easier to fulfill your dreams of creating and building a business from the convenience of your own home

Western Union

Send money to more than 160 countries, but a $2,999 daily limit means it’s not an option for large transfers.

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