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S Corporation Income Tax Return Preparation

Running an S Corporation brings unique tax benefits but it also comes with strict filing requirements. From shareholder allocations to pass-through income reporting, accuracy is non-negotiable. That’s where we come in.

We specialize in preparing S Corporation tax returns that are compliant, precise, and optimized for your business goals. Our team ensures that income, deductions, and credits are properly reported while helping you avoid costly errors and potential IRS scrutiny.

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Trust the expertise of our financial team

Our team of tax experts work together to provide tailored solutions for your unique needs. Together, we achieve your financial goals.

Strategic Tax Advisory for Individuals and Businesses

Our tax advisory services go beyond numbers, we help you make smarter financial decisions. From structuring income and investments to planning for future growth, we provide proactive guidance tailored to your unique goals. The result: reduced tax burdens, stronger cash flow, and a clear roadmap for long-term success.

Form 1120S – S Corporation Income Tax Return

We prepare and file Form 1120S with accuracy and efficiency, covering one state and up to four shareholders. This ensures your S corporation complies with IRS requirements while optimizing your tax position.

S-Election

Thinking of electing S corporation status? We guide you through the IRS S-election process, helping you unlock potential tax advantages such as pass-through taxation while avoiding costly mistakes.

Late S-Election

Missed the deadline for filing your S-election? We help you request late election relief under IRS provisions, minimizing penalties and ensuring your corporation can still enjoy S corporation tax treatment.

Ownership Change with 1377(a)(2) Cut-Off Election

When ownership changes mid-year, we assist in making a 1377(a)(2) cut-off election. This allows income, deductions, and credits to be allocated between old and new shareholders fairly and in compliance with tax law.

Ownership Change without 1377(a)(2) Cut-Off Election

If a cut-off election isn’t made, we manage the pro-rata allocation of income and deductions for the year. Our team ensures correct reporting and avoids missteps that could trigger IRS scrutiny.

Additional States ($250 per new state)

Expanding into new states? Each additional state filing comes with unique compliance rules. We prepare and file these returns for you, so multi-state operations remain fully compliant without added stress.

Additional Shareholders (>4)

Have more than four shareholders? We prepare tax filings and K-1s tailored to each shareholder, ensuring accurate allocations, clear reporting, and seamless distribution of tax documents.

Why Choose Us for Your S Corporation Tax Filing?

  • Experienced professionals specializing in S corporation compliance.
  • Personalized guidance for elections, ownership changes, and state filings.
  • Clear communication and timely filing to avoid IRS penalties.
  • Tailored strategies to maximize shareholder value and minimize tax liabilities.
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The Benefits of Our Tax Advisory Services

  • We ensure your Form 1120S and related filings are prepared with precision, reducing the risk of IRS notices and penalties.
  • Free yourself from complicated tax codes and paperwork—our team handles the entire process efficiently.
  • Whether you have multiple shareholders, operate in multiple states, or need ownership change elections, we adapt filings to your unique situation.
  • From timely S-elections to strategic planning, we help you optimize deductions and reduce overall tax liabilities.
  • You get the confidence of knowing your filings are handled by professionals who specialize in S corporations.

Frequently asked questions

We’re passionate about helping our clients achieve financial success. See what they have to say about our expertise.

Form 1120S is the annual federal income tax return that S corporations must file with the IRS. If your business has elected S corporation status, you are required to file this form each year.

 

S Corporation Income Tax Return Preparation 

S Corporation Income Tax Return Preparation

S Corporation Income Tax Return Preparation 

S Corporation Income Tax Return Preparation

S Corporation Income Tax Return Preparation 

S Corporation Income Tax Return Preparation

S Corporation Income Tax Return Preparation 

S Corporation Income Tax Return Preparation

 

S Corporation Income Tax Return Preparation 

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