Start, Structure & Grow Your Business With Confidence
Business Advice & Formation Services in Connecticut
Launching or restructuring your business is one of the most important financial decisions you will make. At Parent & Parent Advisory | IRSMedic, our business formation advisors and tax attorneys specialize in helping new and existing businesses across Connecticut and nationwide choose the right business entity, ensure IRS compliance, and develop tax-saving strategies that protect your profits and minimize liabilities.
At Parent & Parent Advisory | IRSMedic, we help businesses in Connecticut and nationwide select the best entity for tax efficiency, liability protection, and long-term success. Whether you are forming an LLC, corporation, partnership, or sole proprietorship, we provide expert guidance tailored to your goals and industry.
Business Formation Services for Startups & Established Businesses
S-Corp & C-Corp Formation and Tax Structuring
If your business is preparing for growth, investors, or more complex tax planning, forming an S-Corp or C-Corp may be the right option. Our advisors help you:Optimize corporate tax savings
Develop tax-efficient payroll and shareholder distribution strategies
Navigate corporate tax requirements
File all required IRS and state filings
Optimize corporate tax savings
At Parent & Parent | IRSMedic, we help clients identify compliance gaps, mitigate penalties, and develop legal strategies to resolve offshore tax issues while protecting their financial interests and minimizing exposure to criminal tax enforcement.
LLC Formation and Tax Advisory
Forming an LLC is a popular choice for small business owners and freelancers because of its flexibility and liability protection. Our team helps you:
Create a long-term tax plan to reduce liability and maximize deductions
Select the right state for formation
Understand how LLCs are taxed at both the federal and state levels
File the necessary formation documents and stay compliant with the IRS
Partnership and Multi-Member LLC Structuring
If you are forming a business with one or more partners, the right partnership agreement and tax strategy are essential. Our business formation and tax team helps:
Business tax preparation for Connecticut businesses and nationwide companies
Quarterly estimated tax payments
Payroll tax compliance and reporting
IRS audit defense for businesses
Sales and use tax compliance
Whether you are launching a new business in Wallingford Connecticut or managing a multi-state enterprise, our experienced tax attorneys and CPAs ensure you stay compliant with all state and federal tax laws while maximizing every available deduction.
Contact Us Today for Expert Business Tax Advice
Why Business Owners Trust Parent & Parent Advisory | IRSMedic
Experienced tax attorneys, CPAs, and business advisors with specialized expertise in business formation, entity structuring, and small business taxation.
Over 20 years of experience helping startups, small businesses, and established companies across Connecticut and nationwide form the right business entities and maintain ongoing tax compliance.
Custom-tailored business tax planning strategies designed to legally minimize taxes, protect assets, and maximize long-term profitability.
Full-service support from initial business formation and tax elections to ongoing compliance, bookkeeping, and IRS audit readiness.
Proven track record of helping businesses avoid penalties, defend against IRS audits, and correct compliance issues before they escalate.
Business Advice & Formation Services for All Industries
We work with:
Professional Services Including Consultants, Attorneys, & Medical Practices
E-commerce Businesses
Construction Companies & Real Estate Firms
Retail Businesses & Local Stores
Freelancers & Independent Contractors
The IRS has implemented sophisticated systems and processes to monitor business filings, tax compliance, and potential underreporting of income, especially for new businesses, pass-through entities, and self-employed professionals. As tax laws evolve, businesses that fail to choose the right entity structure, properly report income, or meet IRS filing requirements are increasingly at risk for audits, penalties, and enforcement actions.
Potential Consequences of Business Formation & Tax Filing Mistakes
Costly penalties for misclassification of income, payroll errors, and improper deductions.
Risk of piercing the corporate veil, exposing personal assets to creditors or legal actions.
Increased audit risk and IRS scrutiny for businesses with incomplete records or improper entity structures.
Missed opportunities for tax savings, asset protection, and liability reduction due to poor entity selection.
Choosing the right business structure and ensuring ongoing compliance is essential to protecting your business assets and avoiding unnecessary IRS attention.
Nationwide Business Formation & Tax Advisory Services from Parent & Parent Advisors | IRSMedic
With decades of experience in business tax planning, entity formation, and IRS compliance, the attorneys and business advisors at Parent & Parent Advisory | IRSMedic offer comprehensive solutions for entrepreneurs, startups, and established businesses across all industries.
We understand the constantly evolving tax laws and compliance requirements for LLCs, S-Corps, partnerships, and corporations, and we leverage that expertise to develop custom strategies that minimize tax burdens, protect personal and business assets, and ensure full IRS compliance at every stage of your business’s growth.
Protect Your Business Assets and Build a Strong Financial Future
The right business structure is essential for minimizing taxes, protecting assets, and preparing your company for growth, but choosing the wrong one can lead to unnecessary IRS scrutiny, compliance issues, and higher tax burdens. Whether you’re launching a new business, restructuring an existing one, or planning for expansion, the business formation advisors and tax attorneys at Parent & Parent Advisory | IRSMedic are here to guide you through every step.
No-Obligation Consultation
Starting your business should be exciting, not confusing. That’s why we offer a free, no-obligation consultation to discuss your goals, explain your options, and help you make an informed decision—with no pressure or sales pitches. We provide real answers, so you feel confident choosing the best entity type and tax structure for your situation.
Clear, Simple Guidance Every Step of the Way
Business formation and ongoing compliance comes with paperwork, tax rules, and legal requirements that can feel overwhelming—but we make it simple. At Parent & Parent Advisory | IRSMedic, we translate complex tax and legal concepts into clear, actionable steps, so you always know exactly what’s happening and why it matters. Our team is committed to top-tier client service, keeping you informed and answering all your questions, so you can focus on growing your business with confidence.
20+ Years of IRS Offshore Experience
We’ve successfully helped hundreds of businesses across Connecticut and nationwide launch, restructure, and stay IRS-compliant, from startups and family-owned companies to growing multi-state businesses. With 20+ years of experience advising on business formation, tax strategy, and compliance, we understand how to build a solid foundation that minimizes tax liabilities and protects your assets—while keeping your business prepared for future IRS audits or changes in tax laws.
How “Parent & Parent Advisory | IRSMedic” Helps You Start, Structure, and Protect Your Business
We Analyze Your Business Goals
We begin by understanding your business goals, industry, and long-term plans to recommend the best entity type and tax structure for your unique situation.
We Handle All Formation Filings and Compliance Requirements
From drafting your formation documents to handling state registrations, IRS tax elections, and EIN applications, we take care of all the details, so you can focus on building your business.
We Build a Customized Tax and Asset Protection Strategy
We create a tax-efficient business structure that not only reduces your tax burden but also helps protect your personal assets and ensures your business remains IRS-compliant.
We Provide Ongoing Support to Keep Your Business Compliant
As your business grows, we provide year-round advisory services, helping you stay compliant, plan for tax obligations, and adjust your structure as your business evolves.
Choosing the wrong business structure or failing to properly document and report your business finances can trigger IRS scrutiny, penalties, and audits that could damage your company’s future. Whether you’re forming a new LLC, S-Corp, or partnership, or restructuring to minimize taxes and protect assets, the experienced business formation advisors and tax attorneys at Parent & Parent Advisory | IRSMedic are ready to guide you through every step of the process — ensuring your formation documents, tax filings, and business records meet all IRS and state compliance standards.
Proudly Serving Clients in Wallingford, Connecticut and Nationwide
As a US citizen living abroad, I had no idea that I had to file for taxes. Luckily these group of people really know their stuff. Mr Hanson and his team were very helpful in getting all my numerous documents together and assisting me with a difficult streamlined file. The IRS came back with more questions and Mr Hanson and associates again helped me out with no extra charge. They cost a little bit more than online filing, but if you want to ensure it’s done right these are the folks that’ll get it done. Thanks so much!
Andrew Mindard
I know it’s early for me to review, but my first impression sticks with me the most. Daniel Ayala and Anthony Parent, tax attorney guy near Atlanta, have done an incredible job providing maximum reassurance while developing a sensible plan for filing taxes next year. While it is important to get other tax attorneys’ opinions and perspectives to develop a complete picture, my past interactions with Anthony Parent and his team have won me over as a future client. If you are experiencing anxiety, stress, and concerns about your complex taxes, especially if you have a foreign bank account, do not hesitate to reach out to them.
Robert W.
Anthony and his team have been instrumental in helping me navigate a complex situation and create a buffer between me and the tax authority during the process.
Ian C
I spoke with Tim Pepe at Parent; Parent after much research led me to their company. He reviewed our situation and provided a lot of information to enable me to move forward on my own since he felt our issue was not something that really needed their services to resolve. He encouraged me to call back if I had more questions that he could answer. I really appreciate the straightforward; accurate information he provided as well as saving us much needed money that we can now give to Uncle Sam.
Cathy HastingsCompany Name
I was panicking about a tax error and Mr. Hanson was very calm, informative and patient with me. Mr. Hanson was also honest as he did not try to sell services that I didn’t need. Instead he gave me a quick solution to correct the error myself. I would definitely recommend them especially if you are filing your taxes while living abroad.
Merry Sims
Mr. Robert Hanson, a tax attorney at Parent Parent provided me with excellent advice about international tax reporting when a foreign gift was given to a U.S. person. He was very knowledgeable and kind. I would call him again when I need tax advice.
John Kim
I highly recommend Parent Parent LLP for Tax services. Fair pricing and great communication. Letting them handle my tax returns helps me to sleep at night.
Jon Peterson
I just had a wonderful consultation with Robert Hansen at IRSMedic. He has a very deep knowledgeable of his field. He’s enthusiastic about helping you resolve any potential issues, but at the same time very professional. He really put my mind at ease while I’m trying to navigate through the confusing world of international taxes. I highly recommend IRSMedic.
Anna LR
I had a phenomenal experience with Parent u0026amp; Parent LLP’s office in Wallingford specifically Tim Pepe and attorney Lyon who handled my case. They helped me get rid of state sales and use taxes owed. Not just some of it but all of it in it’s entirety. They were very professional, helpful, and extremely affordable. I would highly recommend anyone looking to solve their state or federal tax issues to work with this firm.
Lucas A.
Parent and Parent LLP and the IRS Medic blog is a tremendous resource for anyone who is in tax debt trouble. I sought out their expertise and received a free consultation with Tim Pepe who is the department head of their Offer In Compromise services. He was a true expert and answered my numerous questions thoroughly and laid out my options. I walked away feeling more informed and empowered to make the right decisions moving forward. Hope was in sight! Thankfully, my issues were resolved without having to hire their services, but I am calling them again if ever I run into any more tax problems. Thank you, Tim and IRS Medic
Jennie Vaught
I have been a client for 10+ years. They have always handled any issues that arose in regards to my taxes and finances. I have always trusted their judgement and advice. I highly recommend IRSMedic: Parent Parent for any tax issues. Both Federal and State agencies.
Mike O Connor
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