Returns we prepare
| Entity | Federal return | Usual due date (calendar year) |
|---|---|---|
| Sole proprietor / single-member LLC | Schedule C with Form 1040 | April 15 |
| Partnership / multi-member LLC | Form 1065 and K-1s | March 15 |
| S corporation | Form 1120-S and K-1s | March 15 |
| C corporation | Form 1120 | April 15 |
Plus Oregon business returns, Oregon Corporate Activity Tax filings where required, and payroll and 1099 filings.
Planning we do all year
- Entity choice: whether an S corporation election could lower self-employment tax, and what it costs to run one.
- Owner pay: setting a reasonable salary for S corporation owners and running it through payroll.
- Equipment timing: Section 179 and 100% bonus depreciation. See our year-end deductions guide.
- The qualified business income deduction, now permanent at 20% for eligible owners.
- Retirement plans that cut taxes for you and help keep your team.
- Quarterly estimates sized to what you actually earned.
- Deductions most owners miss. See our list.
Clean books make cheaper, better returns
Most of the cost and stress of business tax season comes from messy records. Clients on our monthly bookkeeping go into tax season with the work already done.
Common questions
Should my LLC be taxed as an S corporation?
Sometimes. It can reduce self-employment tax once profits are high enough to support a reasonable salary, but it adds payroll and filing costs. We run the numbers for your situation.
I'm behind on business returns. Can you help?
Yes. We catch up the books, file the missing returns and get you back on schedule.