14404 Old Mill Road, Office 201, Suite B
Upper Marlboro, MD 20772
(301) 246-8813
Business Tax Returns
How to Choose an Advisor Wisely?
There are three qualities a business owner should look for when choosing a business advisor:
Professional Credentialing an Enrolled Agent or Accountant
A keen understanding of business systems and processes
Shared Values
Understanding Your Taxes
Most business owners give very little thought to their business taxes. It's an isolated event — something that has to get done once a year. Then it's filed away, only to be dragged out again if the IRS sends a notice.
That is a mistake!
A great advisor can look at a tax return and tell you 90% of what's going on in your business — good or bad. Your structure. Your profit. Your exposure. The problems you can't see yet, and the opportunities you're missing.
Your return isn't paperwork. It's a report on your business.
Pricing
Partnership Return
Preparation of the U.S. Return of Partnership Income, including:
$750.00
Form 1065 with all applicable schedules (Schedule B, Schedule K, Schedule M-1/M-2, etc.)
Schedule K-1 for each partner (included in base price)
Partner capital account and basis tracking
Allocation of income, deductions, and credits per the partnership agreement
Reconciliation of book income to taxable income
Section 754 election considerations (if applicable)
Federal e-filing
State return preparation
S Corporation Return
Preparation of the U.S. Income Tax Return for an S Corporation,
$950.00
Form 1120-S with all applicable schedules (Schedule B, Schedule D, Schedule K, etc.)
Schedule K-1 for each shareholder (included in base price)
Shareholder basis and stock/loan tracking
Reconciliation of book income to taxable income (Schedule M-1/M-2)
Officer compensation and reasonable compensation review
Built-in gains, accumulated adjustments account
State return preparation
Non-Profit Return
Preparation of the Return of a Tax -Exempt non-profit Corporation
$850.00
Form 990, 990-EZ, or 990-N (based on gross receipts and eligibility)
Statement of revenue, expenses, and changes in net assets
Balance sheet and functional expense reporting
Schedule A (public support test) and other applicable schedules
Governance, management, and disclosure questions
Program service accomplishments and narrative sections
Federal e-filing
State return preparation
Grant Review
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