Business Tax Preparation

Business Tax Preparation

The expert bookkeeping and accounting services provided by the licensed professionals at Los Angeles Bookkeeping include the preparation of business tax returns for businesses of all entity types, sizes, and stages of growth.  Our experienced tax specialists prepare and submit all local, state, federal, and international tax documents for business clients across the board. These include Sole Proprietorships, Partnerships, S-Corporations, and LLCs as well as Corporations. Your business will always be fully tax compliant through the use of the expert tax preparation services provided by the accountants and bookkeepers at Los Angeles Bookkeeping.

The following is a summary of the business tax preparation services provided by our firm:

Sole Proprietorships

  • Prepare and submit IRS Form 1040, Schedule C to report business income on the business owner’s personal tax return.

  • Apply all tax breaks and tax saving strategies available to Sole-Proprietorships.

  • Adhere to all tax filing requirements and submission deadlines.

Partnerships

  • Prepare and issue a Schedule K-1 to each member of the Partnership.

  • Prepare and file IRS Form 1065 with the individual tax return of each partner to report any credits or deductions applied toward the operation of the business. 

  • Apply all tax breaks and tax saving strategies available to Partnerships.

  • Adhere to all tax filing requirements and submission deadlines.

S-Corporations

  • Issue each shareholder a Schedule K-1 showing their share of the business profits or losses. 

  • File a corporate income tax return using IRS Form 1120S. 

  • Accurately report any profits, losses, or compensation from the business on the personal income tax return of each shareholder.  

  • Apply all tax breaks and tax saving strategies available to S-Corporations.

  • Adhere to all tax filing requirements and submission deadlines.

Limited Liability Corporations

  • Prepare Schedule C of the LLC member’s personal income tax return (single member LLC). 

  • Issue a Schedule K-1 to each LLC member (multiple-member LLC).

  • Apply all tax breaks and tax saving strategies available to LLCs.

  • Prepare and submit IRS Form 1065 to report profits or losses from the business (multiple-member LLC).

  • Adhere to all tax filing requirements and submission deadlines.


The tax preparation services provided by the licensed professionals at Los Angeles Bookkeeping are guaranteed to meet all of the stated reporting requirements of the respective tax collection agencies to which they submitted. In addition, our firm will provide your business with the maximum tax advantage possible by utilizing all of the available tax credits and tax deductions available to your particular business entity. So don’t hesitate!

GIVE US A CALL AT 310-765-1596 OR EMAIL US FOR A FREE, NO OBLIGATION CONSULTATION.