Business Tax Preparation in Missouri City, TX

Your entity decides your return. A sole proprietor or single-member LLC reports business income on Schedule C with the owner's Form 1040. A multi-member LLC taxed as a partnership files Form 1065 and issues a K-1 to each partner. An S corporation files Form 1120-S and issues K-1s, and a C corporation files Form 1120 and pays tax at the corporate level. We prepare all of them, along with the owners' personal returns, so the numbers tie together.

If you aren't sure your business is set up the right way, we can show you what changes when an LLC elects S corporation status, including payroll for the owner and the self-employment tax it can save. Our guide to LLC vs. S corp in Texas walks through the numbers.

S corporations and partnerships file by March 15 for calendar-year businesses. C corporations and sole proprietors file by April 15. Form 7004 extends a business return by six months, but not the time to pay. 1099-NEC forms for contractors are due to recipients and the IRS by January 31, and the Texas franchise tax report is due May 15. We track these dates for you and file on time.

Most business-return mistakes start in the books: personal expenses mixed in, owner draws recorded as expenses, missing depreciation, or payroll that doesn't match the W-2s. Because the same team handles bookkeeping and payroll, your return starts from reconciled numbers. That means fewer IRS notices, a return that holds up if questioned, and deductions you can actually prove.

We review your year before it ends, not after. That's the time to buy equipment, set a reasonable salary for an S corp owner, fund a retirement plan, or adjust quarterly estimates. A short planning call in the fall often saves more than the return costs.