Business Taxation

Our business taxation services are designed to clean and keep track of your company’s books, reduce tax liabilities, and keep you compliant with all federal, state, and local regulations.

What We Cover

We handle comprehensive business tax compliance and planning, including preparation and filing of federal and state returns for corporations, partnerships, LLCs, and other entities. Our services also include strategic tax planning to reduce liabilities, multi-state tax support, and guidance on business tax implications of key decisions. We focus on accuracy, compliance, and proactive advice to help businesses keep more of what they earn while navigating complex tax rules.

Corporate Tax Filing Form 1120

For C-Corporations, ensuring accurate reporting, maximizing deductions, and maintaining compliance.

S-Corp Tax Filing Form 1120S

Specialized handling of pass-through income, shareholder basis, and K-1 reporting.

Partnership Tax Filing Form 1065

Complete preparation and partner K-1 distribution, including basis and capital account tracking.

Strategic Tax Minimization

Proactive planning and entity structure optimization to reduce your business’s tax burden legally and effectively.

R&D and Specialty Tax Credits

Identifying and claiming valuable credits, including the Research & Development tax credit, to improve cash flow.

Year-Round Tax Advisory

Ongoing guidance to make informed financial decisions, answer your questions and avoid year-end surprises.

State & Local Tax (SALT)

Navigating multi-state operations, nexus rules, apportionment, income allocation and sales tax obligations.

Payroll & Employment Taxes

Assistance with payroll tax compliance, including Form 941 and 940 filings, and planning to prevent costly errors.

Asset Depreciation & Expensing

Maximizing deductions under Section 179 and bonus depreciation rules. Advising on when to best purchase a business asset.

Quarterly Estimated Tax

Accurate projections based on your most updated numbers to avoid underpayment penalties and interest.

Entity Selection & Restructuring

Advising on the most tax-efficient structure for your specific business type and ownership structure as your business grows or changes.

International Business Taxation

Guidance for U.S. businesses with foreign owners, subsidiaries, or customers, including Form 5471, 5472, GILTI and Subpart F.

Unique Business Tax Situations

Multi-Entity Structures: Coordinating tax filings and planning for holding companies, subsidiaries, and affiliated businesses.
Mergers & Acquisitions: Tax planning for buying, selling, or merging businesses.
Sale of Business Assets or Entire Company: Reporting gains, allocating purchase prices, and planning for capital gains.
Partnership & S-Corp Pass-Through Income: Schedule K-1 reporting and partner/shareholder basis calculations.
Industry-Specific Deductions: Specialized tax treatment for industries such as real estate, technology, manufacturing, and professional services.
Business Loss Utilization: Carrybacks, carryforwards, and strategic timing of deductions.
Franchise Tax & Gross Receipts Tax Filings: Compliance for states with additional business tax requirements.
Nonprofit Organizations: Preparation of Form 990 and guidance for maintaining tax-exempt status.

Ready to Optimize Your Business Taxes?

info@tscpatax.com

Phone

(832) 304-9959