Akumen Accounting Group provides guidance on new business setup, incorporation and entity formation that help entrepreneurs launch with the right structure, registrations, and compliance in place.
Choosing the wrong entity, skipping key registrations, or setting up QuickBooks Online incorrectly can create expensive problems later. Akumen Accounting Group guides founders, professional practices, GovCon startups, law firms, dentists, non-profits, and other small businesses through a structured new business setup process that blends legal, tax, and accounting considerations. New business setup and formation services align your entity choice, ownership and compensation structure, accounting system, and state & local taxes obligations so you can focus on growth instead of paperwork and cleanup.
Launch your business the right way
Not sure whether you need an LLC, S corporation, or something else—or how to set up your books?
Full-service support for launching your business, including entity selection, registration, licensing, and foundational accounting setup to start your company on the right path.
We help you evaluate LLC, corporation, partnership, or sole proprietorship options based on your business model, ownership structure, and goals. Our guidance covers liability protection, tax planning, payroll, and long-term succession, including recommendations on tax classification—such as S corporation elections—timed to optimize growth and efficiency.
We assist with obtaining your EIN and coordinating with attorneys or formation services as needed. Our team guides you through Virginia, DC, and Maryland registrations, including income tax, sales tax, employer withholding, and unemployment accounts, as well as local licenses and BPOL/gross receipts taxes in Northern Virginia jurisdictions.
We set up QuickBooks Online and other accounting platforms tailored to your industry—professional services, GovCon, law firms, dental practices, or non-profits. This includes a custom chart of accounts aligned with financial reporting, tax planning, and lender or investor requirements, as well as guidance on integrating payroll (Gusto), merchant processing, and other key tools to ensure your back office is connected from day one.
We implement practical workflows for invoicing, bill payment, expense tracking, and monthly reconciliations. Our recommendations cover staffing roles—external bookkeeper, internal staff, or Akumen services—and basic internal controls to reduce errors and mitigate fraud risk.
Your new business setup is integrated with ongoing CPA services, tax preparation, and state & local tax strategy. We also provide guidance on estimated tax payments, reasonable compensation for S corporation owners, and recordkeeping best practices to keep your business compliant and financially organized.
New business setup and formation is most powerful when combined with
Let Akumen Accounting Group be your trusted Arlington, VA CPA partner for bookkeeping and accounting services, budgeting and forecasting, tax planning, CFO consulting, and DCAA compliance.
Book a consult today and see what it’s like to grow with Akumen.
You should understand your options early, because entity type affects liability, taxes, and payroll from the start. In some cases, you can adjust your tax classification after formation, but planning ahead avoids costly restructuring and compliance fixes.
We assist with forming LLCs, S-Corps, partnerships, and non-profits. Our team guides you through selecting the right structure based on liability protection, tax implications, and long-term business goals.
The choice between an LLC and an S-Corp depends on your business goals, ownership structure, and tax considerations. LLCs offer flexible management and simple pass-through taxation, while S-Corps can provide potential tax savings on self-employment taxes for qualifying owners. We help evaluate your situation and recommend the entity that balances liability protection, tax efficiency, and long-term growth.
Yes, Akumen Accounting Group regularly collaborates with business attorneys who handle operating agreements, shareholder agreements, and other legal documents. The firm focuses on tax, accounting, and compliance implications while your attorney handles legal language and governance.
Ideally before or as you begin transacting, so income and expenses are captured correctly from day one. Proper QuickBooks Online setup early on saves significant cleanup time and fees later and improves the quality of your financial decisions.
Yes. New business setup services include guidance on employer registrations for payroll tax, state & local taxes, and integration with payroll providers such as Gusto. This helps you avoid penalties and notices for missed or late payroll tax filings.
Akumen Accounting Group primarily serves businesses based in Northern Virginia, DC, and Maryland but often assists those with remote teams or customers in multiple states. New business setup incorporates potential multi-state sales tax and income tax considerations so your structure can scale.
Starting a business in Northern Virginia, Washington DC, or Maryland brings unique rules for BPOL, business licenses, and state filings. Akumen Accounting Group understands this landscape and builds your setup around local requirements instead of generic checklists.
You are not just filling out forms; you are designing the long-term financial structure of your business. Services are integrated with CPA services, tax preparation & planning, bookkeeping & accounting services, and state & local taxes so decisions made at formation support future growth and tax efficiency.
Whether you plan to remain a lean professional practice or grow into a multi-employee GovCon or multi-location firm, your entity and systems are set up with scalability in mind. As you expand, Akumen Accounting Group can layer on budgeting & cash-flow forecasting, part-time Controller & CFO consulting, and DCAA compliance support where needed.
If you are about to launch or have already started and want to “clean it up” early—it is the perfect time to get expert help.