Thread: 5013c Help
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Unread 20-10-2014, 09:46
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Re: 5013c Help

As far as how long it takes, I believe the one that I'm treasurer of took ~4 months between state & federal (and you can't do anything until you're accepted in both jurisdictions). We had some monumental help from people who have stood up small businesses before, so that type of support may be something for you to consider.

Another nifty idea which helped us in the beginning (consult your accountant first):

Set up your fiscal year to be from Feb. 1 to Jan. 31, rather than following a calendar year. This will allow you (in Virginia at least) to submit your taxes by May 15th rather than April 15th. It is much easier to find a pro-bono accountant for a May 15th deadline than a April 15th deadline.
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