Business Tax Preparation
Business tax returns that tie out to your books
Entity returns for S corporations, partnerships, LLCs and corporations — prepared alongside the owner-level returns so the K-1s, basis and distributions all agree.
Request a ConsultationWho this is for
- S corporations filing Form 1120-S with owner payroll and distributions
- Partnerships and multi-member LLCs filing Form 1065 with multiple K-1s
- Single-member LLCs reported on the owner's individual return
- C corporations filing Form 1120
- Owners who want the business return and their personal return handled by the same CPA
- Businesses catching up on a late or unfiled year
What's included
- Entity return preparation
- Federal and California filings appropriate to your structure, with all required schedules.
- K-1 preparation
- Owner K-1s prepared and reconciled to capital accounts and basis.
- Book-to-tax review
- Your trial balance is reviewed and adjusted for tax treatment before anything is filed.
- Owner return coordination
- The personal return reflects the entity's results without a second round of guesswork.
- Deadline and extension management
- Filing dates tracked, extensions filed when needed, with a payment estimate attached.
- Debrief
- A conversation about what the return revealed — margins, compensation, structure — and what to adjust.
How it works
A straightforward process
- 01
Scope the engagement
We review your structure, prior returns and current books, then quote the work in writing.
- 02
Close the year
Books are reviewed and adjusted, open items resolved, and the return prepared and reviewed.
- 03
File and advise
We file after your approval and set out the planning items worth acting on this year.
Questions we hear often
Do you prepare the owners' personal returns too?
Usually, yes — and it's generally better that way. When the same CPA handles the entity return and the owner's 1040, the K-1s, basis and distributions are consistent rather than reconciled after the fact.
My books aren't in great shape. Can you still file?
We'll assess what's there first. Often a catch-up bookkeeping step comes before the return so the numbers being filed are defensible, and that work is scoped separately.
What about the S corporation reasonable compensation question?
It's addressed as part of the engagement. Owner payroll that's too low is one of the more common exam risks for S corporations, and it's better resolved during the year than at filing.
Can you file an extension?
Yes. An extension gives more time to file, not more time to pay, so we estimate the liability and tell you what to remit with the extension.
Let's talk about your taxes
Tell us a little about your situation and what you need help with. We'll follow up to set up an introductory consultation.
Request a Consultation