Business Tax Preparation

S-Corp and Partnership returns (Forms 1120-S and 1065) are due March 15. C-Corp returns (Form 1120) are due April 15. Extensions are available and we file them proactively when needed, but we always ensure estimated taxes are paid on time to avoid penalties.

The optimal entity structure depends on your income level, growth plans, number of owners, and personal tax situation. We analyze your specific circumstances and model the tax impact of each option. Many of our clients save thousands annually after restructuring based on our analysis.

The Qualified Business Income deduction (Section 199A) allows eligible pass-through businesses to deduct up to 20% of qualified business income. Eligibility depends on your taxable income, business type (specified service trade or business vs. non-SSTB), and W-2 wages paid. We analyze this for every applicable return and optimize your position.

Yes, and we strongly recommend it. When we prepare both returns, we coordinate strategies like retirement contributions, salary vs. distribution optimization, timing of income and deductions, and estimated tax planning across both returns for the lowest total tax bill.

Multi-state businesses face complex apportionment rules, varying state tax rates, and different filing thresholds. We analyze your nexus exposure in each state, handle all required state filings, and ensure you are not overpaying state taxes due to incorrect allocation.

Pricing depends on your entity type, number of owners, complexity of transactions, and state filing requirements. We provide a flat-rate quote before beginning any work. No hourly billing, no surprise fees.