Corporate Tax Returns
Corporate tax compliance extends beyond simply meeting filing deadlines; it involves strategic planning to minimize tax liability and comply with ever-evolving federal and state tax laws. At Barton CPA PLLC, we combine technical expertise and proactive advisory services to help C-Corporations, S-Corporations, LLCs, and partnerships optimize their tax structures while ensuring timely, accurate returns.
1. Preparation and Filing
We prepare Forms 1120 (C-Corporations), 1120-S (S-Corporations), and 1065 (Partnerships/LLCs) in compliance with the Internal Revenue Code (IRC). We also handle multi-state filings and associated schedules.
Example: A multi-state company with nexus in multiple jurisdictions needs a tailored approach to allocate income correctly and avoid penalties for underpayment of state taxes.
2. Tax Planning & Strategy
Our team looks beyond the current year’s results to identify opportunities for tax credits, deductions, and entity restructuring. This often includes reviewing cost segregation studies, R&D credits, and business expense optimization.
Example: A manufacturing C-Corporation might benefit from accelerated depreciation on new machinery if it aligns with capital expansion goals.
3. IRS Representation
If your corporation faces an IRS audit or inquiry, we provide representation and advocate on your behalf. We maintain meticulous documentation and a deep knowledge of tax procedures.
Timely Filing Emphasis
Deadlines:
- S-Corps & Partnerships (Forms 1120-S/1065): March 15 (or the 15th day of the third month after the end of the tax year)
- C-Corps (Form 1120): April 15 (or the 15th day of the fourth month after year-end) for calendar-year filers
- Missing deadlines can lead to penalties and interest on unpaid taxes. We implement a tracking system to ensure timely completion, and we promptly file extensions when necessary to mitigate risks.
