Expert Tax Solutions
Choosing Thomas Tax and Payroll for your Business Tax Returns is a smart decision that can significantly benefit your financial health. Our team boasts extensive experience and expertise in navigating the complexities of business tax regulations, ensuring that you receive every deduction and credit available to you. We prioritize personalized service, working closely with you to understand your unique business needs and tailor our approach accordingly.
With a commitment to accuracy and thoroughness, we take the stress out of tax season, allowing you to focus on what you do best—running your business. Our proactive strategies and timely filing processes mean you can trust that your tax return will be handled efficiently and effectively. Choosing Thomas Tax and Payroll is not just a choice; it’s a step towards maximizing your financial potential and achieving peace of mind.
Areas of Expertise
S- Corporations
S-Corporations offer substantial tax benefits that can enhance your business's financial health. While they may not be the right fit for everyone, Thomas Tax and Payroll is here to guide you through the complexities of the S-Corporation election, ensuring you unlock its full potential. With our expertise, you can confidently rely on us to accurately and efficiently file your S-Corporation's tax returns, putting you on the path to greater financial success.
Partnerships
Establishing a partnership may appear straightforward at first. A simple agreement and handshake might seem sufficient, but this initial simplicity can lead to significant challenges when tax season arrives. Ensure peace of mind by relying on the experts at Thomas Tax and Payroll to expertly navigate your partnership returns. Don't leave your finances to chance—partner with us for reliable, professional support.
Sole Proprietorships, Single Member LLCs
Running a small business or side hustle can be daunting, especially when tax season rolls around. Let Thomas Tax and Payroll be your trusted partner in navigating the complexities of formation, tax implications, and tax filings. Ensure you are taking advantage of professional help and avoid any surprises.
Business Startup Consultations
Starting a business can be complex. While we don't provide legal services to help you form a business, we do offer valuable guidance to help you achieve the best tax situation for your needs. Many may assist you with filing paperwork with the Secretary of State, but it's essential to consult a tax expert who can help you select the appropriate tax designation for your type of entity.
Tax Professional
JEREMY BURRELL
Enrolled Agent
Jeremy joined Thomas Tax and Payroll in 2021. He thrives on preparing tax returns for our clients.
FAQ
What forms do I need to file?
The form you need to file depends on your business type: Sole proprietorships file Form 1040, Schedule C. If you are a Partnership, your business must file Form 1065. C- Corporations file Form 1120, and S-Corporations file Form 1120-S. To find out more about these filings, contact us.
When is the business tax return due?
The due date for business tax returns varies. Generally, for sole proprietorships, single-member LLCs, and C-corporations, the due date is April 15th, while for Partnerships and S-corporations, it’s typically March 15th.
Should I hire a tax professional for a business return?
Depending on the complexity of your business and your familiarity with tax laws, hiring a tax professional could save you time and help you maximize deductions.
Get the most out of your tax return