# New business formation

- Link: https://hamtock.com/what-we-do/new-business-formation/
- Published: 2026-10-23T12:47:42-04:00
- Author: HAMTOCK Consulting

LLC

 1. [Home](https://hamtock.com/)
 2. [What we do](https://hamtock.com/what-we-do/)
 3. New business formation

LLC

# Start your businesson the right foot.

We help you choose the right entity, register it with the IRS and Maryland, and 
set up payroll and books before your first sale.

 * New owners
 * Side businesses going full time
 * Partners starting together

 [  Book a consultation  ](https://hamtock.com/what-we-do/new-business-formation/#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjE4MjUiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D)

 [  Call 240-432-2749  ](https://hamtock.com/what-we-do/new-business-formation/+12404322749)

HAMTOCK · New business formation**Included**

 1. Entity choice
 2. Maryland registration
 3. EIN from the IRS
 4. S corporation election

Starts with a consultationReady

What you get

## What is included

### Entity choice

LLC, S corporation, C corporation or sole proprietorship: what each means for your
taxes.

### Maryland registration

Filing with the Maryland State Department of Assessments and Taxation.

### EIN from the IRS

Your business tax ID, so you can open a bank account and hire.

### S corporation election

Form 2553, if it makes sense for you.

### Payroll and books set up

Ready to pay yourself and track income from the start.

### First-year tax calendar

Every filing and payment date for your first year.

Is this for you?

## A good fit if…

 * You are about to start a business
 * You run a side business and want to make it official
 * You formed an LLC but are not sure about taxes
 * You are going into business with a partner

Get ready checklist

### What to have on hand

 * Business name ideasTwo or three, in case one is taken
 * Owners and ownership split
 * Business address in Maryland
 * What the business will doA sentence or two
 * Expected first-year incomeA rough estimate is fine

You are all set. Book a time and bring these along.

 [  Book a consultation  ](https://hamtock.com/what-we-do/new-business-formation/#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjE4MjUiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D)

Missing something? Book anyway, we will tell you what is needed.

Your ticks stay on this device only. Please never email Social Security numbers.

How it works

## Three steps

### Book a consultation

We talk through your plans and the entity options.

### We register the business

State filing, EIN and any elections.

### Ready to operate

Bank account, books and payroll set up, plus your tax calendar.

Key dates

## Dates to know

Mar 15, 2027

S corporation election for 2027

Form 2553 is generally due within 2 months and 15 days of the start of the tax year.

Apr 15, 2027

Maryland annual report due

Every Maryland business entity files an annual report with SDAT.

General dates for calendar-year filers. Your situation may differ; we confirm yours
in the consultation.

Questions

## Common questions

### Should I be an LLC or an S corporation?

It depends on your income and plans. An LLC can also choose to be taxed as an S 
corporation. We walk you through the numbers in the consultation.

### Can I start as a sole proprietor and change later?

Yes. Many businesses do. We can tell you when changing starts to save tax.

### Do you help with business licenses?

We help with tax registrations and can point you to the Maryland and county offices
for licenses your business needs.

More services

## Other ways we help

1040

Tax preparation

Personal and business returns, prepared and e-filed.

See the service →

PLAN

Tax planning

Year-round moves that lower next year’s bill.

See the service →

W-2

Payroll

Pay runs, payroll taxes and year-end W-2s.

See the service →

GL

Accounting & bookkeeping

Clean monthly books and clear reports.

See the service →

ADV

Business consulting

Practical advice on cash flow, pricing and growth.

See the service →

## Ready to talk about new business formation?

Book a consultation in under a minute, or call the office. We reply within one business
day.

 [  Book a consultation  ](https://hamtock.com/what-we-do/new-business-formation/#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjE4MjUiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D)

[240-432-2749](https://hamtock.com/what-we-do/new-business-formation/+12404322749)

[contact@hamtock.com](https://hamtock.com/what-we-do/new-business-formation/contact@hamtock.com)

10304 New Hampshire Ave, Silver Spring, MD 20903