Small business tax return preparation and filing instructions is a core service offered to our clients. Whether your company is a C corporation, S Corporation, Not-for-Profit, Limited Liability Company, Partnership or Sole Proprietor, a properly prepared tax return can be filed to minimize the tax owed.
Before we prepare your business tax return, we assess your business’ current financial posture and analyze the gaps and plan ahead. By determining the projected marginal tax rate for each year, we can weigh the advantages of accelerating income or deductions. Here some important considerations that we address:
- Bonus depreciation and expensing rules
- The new qualified business income deduction
- Potential changes to your entity status
- Compensation deductions
- Business loss claims