Business Tax Returns

As an enrolled agent, I am required to stay on top of changing tax laws. Do you need to review your entity status? Different entities are taxed differently. Corporate rates are now a flat 21% so should you become a C Corporation?  Maybe, maybe not. If your business is small your tax bill may still be more, even at a flat rate. Is it time for you to elect Subchapter S treatment? It is a good strategy for saving self-employment taxes but there are administrative duties that may be a deterrant. Let's talk and figure out what works best for your business.

So many businesses, so many tax laws, so many tax reporting requirements.  BTS can handle them all.  Are you a sole proprietor?  I've prepared hundreds of schedule C's over the years and can walk you through what records to keep and how to keep them. Here are a sample of the tax returns I can prepare for your business:

• Schedule C (Sole Proprietorship or contract labor)
• Schedule F (Farm and Ranch reporting)
• Form 1120-S (Subchapter S)
• Form 1120 (Corporation, or C-Corp)
• Form 1065 (Partnership)
• Texas Franchise Tax return (LLC, Trust, Partnership, or Corporation)
• Texas Sales Tax return (monthly, quarterly, or annually)
• State and Federal Payroll Returns, including forms 941, 940, W-2, 1099, and TWC
•  Form 990, for non-profits

Do you have an LLC?  Whether you operate as a sole proprietorship or have elected Subchapter S tax treatment, I can help you with that.  And don't forget your annual Texas Franchise Tax return filing.  I can prepare that for you as well.

Do you need to file for your LLC?  I can do that!  Have an LLC and want to elect Subchapter S treatment to save taxes?  I can do that too!

Do you operate a farm or ranch?  I've prepared hundreds of Schedule F's.

C-corp, S-corp, partnership, non-profit company or foundation, I can take care of your reporting requirements.

For you sole proprietors out there that are being hammered with self-employment taxes, I am experienced in Subchapter S filing and have packages available for easy monthly payments.  

Business returns require a more comprehensive understanding of tax law and reporting requirements. These returns are billed accordingly and may require a retainer fee before preparation begins. Please contact me for further details.