Incorporation Services- Reduce Personal and Business Taxes
- Protect Assets from Creditors and Lawyers
- Reduce the Risk of Litigation
- Reduce Employee Expenses and Headaches
A proper corporate business can go a long way in providing you with additional business deductions (tax savings), liability protection (personal and business), and administrative savings. "After reviewing the information from Essex & Associates, Inc., I came to realize that due to my faith in my business advisor and my lack of investigating, I had been running our business ineffectively and overpaying taxes for the last seven years. Essex & Associates, Inc. shared with me two simple strategies that will save us thousands of tax dollars and provide a better work place for our employees."
"This was by far the most effective, simple program I’ve ever seen. I could have used it five years ago."
The FactsIRS and Taxes- The Internal Revenue Service has approximately 99,887 employees with a $9.4 billion budget.
- March 1999 Congressional Hearings, the IRS announced “a kinder, gentler IRS.
- July 2000, the IRS stated; "We never said we were going to be a kinder, gentler IRS."
- The Wall Street Journal May 15, 2001, the Treasury Inspector General stated that the IRS gave incorrect and insufficient advice 73% of the time. The IRS countered that their audit reported only a 50% error rate.
- On January 1st 2000, the IRS stated that they had $4.8 billion in unclaimed revenue.
Lawyers and Lawsuits- The United States has only five percent of the world’s population but 80% of the world’s lawyers.
- The number of lawyers in the United States is nearing the 1,000,000 mark.
- An average of 2,880 lawsuits are filed every day.
- There is little to stop frivolous lawsuits, and lawyers who work on a contingency basis are happy to settle out of court without ever proving the allegations.
Employees and Regulations- Employees account for six out of ten lawsuits filed against small businesses.
- Employees win an astounding 68% of the lawsuits filed against their employer.
- Governmental employee regulations cost businesses up to 12% of their gross revenue to administer.
- Employee benefit programs are too expensive for most small businesses to provide.
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