Business tax returns
Adam prepares your business return and the owner returns that go with it, so the numbers match from one to the other. He also handles the filings that sit around a business return during the year, like estimated payments, payroll forms and sales tax.
Who this is for
- Sole proprietors, freelancers and consultants who file a Schedule C
- LLCs and partnerships that file Form 1065
- S corporations that file Form 1120-S
- Owners deciding whether an S corporation election makes sense
What is included
Business returns
- Schedule C for sole proprietors and single-member LLCs
- Form 1065 for partnerships and multi-member LLCs
- Form 1120-S for S corporations
- Quarterly estimated payments and year-end planning before the year closes
Choosing how your business is taxed
- Help choosing an entity type when you start or restructure
- S corporation election timing and Form 2553
- A look at reasonable salary and payroll setup before you elect
Payroll and sales tax
- Payroll setup through Gusto or ADP
- Payroll tax filings, W-2s and 1099s
- State unemployment registrations
- Sales and use tax registration and recurring filings, including a check of which states you need to collect in
Documents to have ready
You do not need everything before the first call. Upload what you have through the client portal and Adam will tell you what is missing.
- Last year’s business return and any IRS or state letters
- Your year-end profit and loss statement and balance sheet, or access to your bookkeeping file
- Bank and credit card statements for the year
- Payroll reports, and W-9s for contractors you paid
- Records of equipment or vehicles you bought or sold
Questions about business tax returns
Fees depend on the work. Read how fees work.
When should I elect S corporation status?
It depends on your profit, a reasonable salary for the work you do, and whether you are ready to run payroll. Adam reviews your numbers and the timing before you file Form 2553.
Do I need to send 1099s to contractors?
Usually, if you paid a person or an LLC for services above the reporting threshold during the year. Collect a W-9 before you pay a new contractor, and we will prepare the 1099s in January.
Book a call with Adam
Pick a time for a 15-minute call. There is no obligation. Tell Adam what you need and he will explain how he can help and what it would cost. If you would rather talk now, call the office at 469‑213‑8492.