There are many reasons for a business to be incorporated as a legal entity, primarily to separate its obligations and responsibility from those of its owners. A legally incorporated entity has certain rights as well, which can be useful in the course of conducting business.
Our expertise in corporate income tax preparation means that we can accurately and efficiently prepare tax returns for various types of business entities, including S Corporations and C Corporations.
We can prepare Federal Income Tax Returns for Corporations, State Franchise Tax Returns, State Sales Tax Returns, State Payroll reports, and State Income Tax Returns for all 50 states.
S Corporations are generally small businesses and the legal structure combines advantages of both a company and an entrepreneurial endeavor. The incorporation provides a measure of protection over a business structured as a sole proprietorship or partnership. It also confers a favorable tax treatment on the entity that would not exist in a regular C corporation.
International Taxation
We provide extensive experience and knowledge in the fields of international taxation, voluntary disclosure, and foreign bank account reporting. Our knowledgeable staff has experience with many taxing jurisdictions.
Tax Planning
It is critical to assess your future tax obligations on a regular basis, and take advantage of all legal methods of minimizing what you owe to the IRS. Whether you own a small business or a large corporation with many employees, our experienced staff will ensure that you are making the right choices for your company all year long.
Payroll Taxes
If your corporation has employees, we can prepare your payroll tax paperwork. We can calculate the tax deposits for each payroll period or, for smaller businesses, returns that are filed quarterly or annually. We also provide W-2s and/or 1099 forms for your employees and contractors at the end of the year.
Sales Taxes
Many of our clients are responsible for collecting and submitting sales tax in different jurisdictions. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
IRS Audit Representation
During the process of preparing your returns, we identify and address potential issues which may trigger unwanted IRS attention.
In the case of an audit, our years of experience dealing with many taxing authorities has enabled us to achieve a level of confidence, assuring our clients that they are being represented to the best of our ability, and that we are providing the protection that they deserve.
“They are able to take complex issues, quickly clarify problems and develop a strategy to ensure that we are compliant while simultaneously maximizing our savings”
Ken B.
