Business tax returns and year-round planning
Your biggest tax decisions happen long before the return is due, like how you pay yourself, when you buy equipment, and how you're structured. We prepare returns accurately and help you make those calls with the tax consequences in view.
Business returns we prepare
- S corporations (Form 1120-S)
- Partnerships and multi-member LLCs (Form 1065)
- C corporations (Form 1120)
- Sole proprietors and single-member LLCs (Schedule C)
- Tax-exempt entities (Form 990)
- North Carolina and other state business returns
- Multi-state filings when needed
- Estimated tax calculations
- Coordination between business and owner returns
Planning throughout the year
Good tax decisions often need to be made before December 31. An ongoing relationship lets us look ahead instead of just reporting what already happened. Depending on your business, planning may involve:
- Reasonable compensation
- Estimated taxes
- Entity choice
- S corporation elections
- Retirement plan contributions
- Equipment and vehicle purchases
- Timing of income and expenses
- Business and personal projections
- Buying out a partner
Starting a business or changing its structure
A sole proprietorship, an LLC, and an S corporation each affect your payroll, taxes, and recordkeeping differently. We'll compare them using your real numbers, handle S corp elections when they fit, and set up the accounting and payroll to match.
Forming the legal entity itself is a job for your attorney, and we're happy to coordinate with them.
Why good books make for better tax work
A business return is only as reliable as the numbers behind it. When we also keep your books, we start tax season already knowing the business, with fewer surprises and better planning.
Tax-only engagements can work in some situations, but for most businesses we recommend an ongoing accounting and tax relationship.
More services for businesses
- Accounting & BookkeepingMonthly books, reconciliations, and financial statements you can actually use.
- PayrollFull-service payroll, tax deposits, and quarterly and year-end filings, from one employee to a growing team.
- Business AdvisoryRegular financial reviews, forecasts, and a sounding board for the decisions that shape your business.
Looking for a better approach to business taxes?
Tell us about your business and how you handle accounting and taxes today. We'll follow up with the right next step.
Prefer to talk it through? Call (336) 701-6264 or book an introductory call