Business Tax as a Complete Engagement
Most business owners pay more in tax than necessary — not because they are missing obscure loopholes, but because structure, filing, and planning are handled separately or not handled at all. The entity structure determines how self-employment tax applies to the owner’s earnings. The filing reflects decisions made throughout the year. The planning work — compensation strategy, retirement contributions, income timing, depreciation elections — only produces a result if someone is actually executing it. This service handles all three: the structural decisions, the planning work, and the returns that record the outcome.
Business Tax Returns
We prepare business tax returns for entities at every stage. That includes annual income tax returns, extensions, quarterly estimates, and catch-up work when prior years have been missed or filed incorrectly.
Common filings include:
- Form 1065 for partnerships
- Form 1120-S for S-corporations
- Form 1120 for C-corporations
- Schedule C for sole proprietors and single-member LLCs
- State business income tax returns
- Extension filings and quarterly estimated tax payment support
Entity Structure and Tax Planning
The entity structure is not a one-time decision. As income grows, the case for an S-corp election changes. As the business evolves, ownership structure, compensation strategy, and distribution planning all affect what the owner keeps. We review entity structure regularly, model the tax impact of elections before they are made, and help implement changes through the appropriate filings and payroll adjustments.
Key planning areas include:
- Entity type analysis and S-corp election strategy
- Reasonable compensation planning for S-corp owners
- Owner distribution and compensation structure
- Retirement plan strategy (SEP-IRA, Solo 401(k), defined benefit)
- Depreciation and cost recovery planning
- Income and deduction timing across years
Year-Round Tax Management
Business taxes are not a once-a-year event. Quarterly estimated payments need to be calibrated to actual income. Depreciation elections need to be made before year-end. Multi-year projections help owners understand where they are heading and make adjustments before the window closes. For businesses that are growing, the tax structure that worked at one revenue level may not be optimal at the next.
We provide the year-round oversight that keeps the business current: quarterly planning conversations, updated projections when income changes significantly, and proactive flagging of decisions that need to happen before the return is filed.
Notices, Catch-Up, and Problem Resolution
Business tax notices require a faster response than personal ones — the amounts are larger and the issues compound quickly. We handle IRS and state business tax notices, amended returns for prior years, and catch-up work for businesses that are behind on filings. If prior year returns were not filed correctly — or not filed at all — we work through the backlog systematically and get the business current.
Who This Is For
This service fits sole proprietors, single-member LLCs, S-corporations, partnerships, and C-corporations that want a CPA involved year-round, not just at filing time. It is particularly well-suited for owner-operated businesses where the owner’s personal and business tax situations are connected — the business return feeds the personal return, and the planning work needs to account for both.