Business Income Tax Return (ITR)

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• Federal and State Tax Return Preparation
• Quarterly Estimated Tax Filings 
• Payroll Tax Reporting (Form 940/941) 
• Sales Tax Filings 
• Depreciation and Asset Management 
• Bookkeeping & Financial Statement Support 
• Business Tax Planning & Strategy.

 1 . Sole Proprietorships (Schedule C)

• Who files: Individuals who operate a business under their own name or a DBA.
• How to file: Business income is reported on Schedule C, filed along with the personal Form 1040. 
• E-filing: Strongly encouraged, especially if you're also filing other forms electronically. 

• Who files: Two or more people conducting business together. 
• Filing requirement: Must file Form 1065 to report income, deductions, and more. 
• E-filing: Required if the partnership has more than 100 partners; encouraged for others. 

• Who files: C Corporations. 
• Filing requirement: Must file Form 1120 annually. 
• E-filing: Mandatory for corporations filing 10 or more returns (including W-2s, 1099s, etc.). 

• Who files: Corporations that have elected S-Corp status. 
• Filing requirement: Must file Form 1120S and issue Schedule K-1s to shareholders. 
• E-filing: Required if filing 10 or more returns; recommended for all. 

• Single-Member LLC: Treated like a sole proprietorship. File via Schedule C on Form 1040. 
• Multi-Member LLC: Usually treated as a partnership (Form 1065) unless elected otherwise. 
• E-filing: Requirements follow the tax classification (sole prop, partnership, S-Corp, etc.). 

• Must file Form 990-T if earning unrelated business income. 
• E-filing is required for most nonprofit returns. 

• Legal business name and EIN (Employer Identification Number) 
• Business structure (Sole Proprietor, Partnership, LLC, S-Corp, C-Corp) 
• Prior year’s tax return (if available) 
• Business address and contact details 

• Gross receipts or sales 
• 1099-NEC or 1099-K forms received 
• Bank statements (business accounts) 
• Sales reports from POS systems (Square, Stripe, PayPal, etc.) 
• Rental income (if applicable) 

• Receipts or categorized list of business expenses (rent, utilities, supplies, advertising, etc.) 
• Mileage logs for business vehicle use 
• Meal and travel expenses 
• Home office expenses
• Depreciation schedules for business assets 

• Faster processing and refunds 
• Immediate confirmation of receipt 
• Fewer errors compared to paper filing 
• IRS compliance 

• Expertise Across Industries
  From retail and construction to tech and professional services, we understand the unique tax challenges of your industry. 
• Year-Round Support
  Tax planning is a year-long process. Our team provides guidance and support beyond tax season to help you minimize liabilities and maximize deductions. 
• Fully Online, Secure & Hassle-Free
  Upload documents, track progress, and sign returns—all from our secure online platform. 
• IRS Compliance Guaranteed
  We stay updated with the latest IRS rules and state tax regulations, so you don’t have to.