Business Tax Preparation

Partnership and S corporation returns are generally due March 15 for calendar-year businesses, and C corporation returns April 15. Extensions are available, and we file them when books are not ready.

Yes. We often clean up the books first (see our QuickBooks cleanup service) and then prepare the return from corrected numbers.

Yes. Many states charge franchise, gross-receipts or minimum taxes on businesses regardless of profit, and we include those filings.

A Schedule K-1 reports each owner's share of income, deductions and credits from a partnership, S corporation, estate or trust. Owners use it to complete their personal returns, which is why we deliver K-1s as early as possible.

The IRS charges a penalty for each partner or shareholder for each month the return is late, up to 12 months, so even a small business can face a large bill. Filing an extension on time avoids it.

Business meals are generally 50% deductible when they are properly documented. Entertainment, such as event tickets, is generally not deductible.

By default no. A single-member LLC is disregarded for federal tax and reports on the owner's return. A multi-member LLC files Form 1065 unless it elects to be taxed as a corporation.

Many states let partnerships and S corporations pay state income tax at the entity level, which can help owners work around the federal cap on state and local tax deductions. We check whether your state offers it and whether it saves you money.

Fees depend on the forms involved, the number of states and how organised your records are. After a short consultation we give you a written quote before any work starts.

Yes. Documents are exchanged through an encrypted client portal, and we follow a written information security plan as the FTC Safeguards Rule requires of tax preparers.

Yes. We prepare current and past-year federal and state returns, which is useful if you are catching up or amending.