Accurate S-Corp Tax Filing & Compliance in Pasadena
Flat-fee Form 1120-S preparation, K-1 distribution, and reasonable compensation guidance for growing businesses.
Get My Flat-Fee QuoteDeadline: March 15. Extensions available until September 15.
Comprehensive 1120-S Filing Packages
Running an S-Corp saves you money on self-employment taxes, but the compliance burden is higher. We handle the paperwork so you stay compliant.
Federal & State Filing
- Preparation of Federal Form 1120-S.
- Preparation of State returns (e.g., CA Form 100-S).
- Handling of depreciation and asset schedules.
- E-filing included for faster processing.
Shareholder K-1s & Basis
- Preparation of Schedule K-1 for every shareholder.
- Detailed tracking of stock and debt basis (crucial for losses).
- Digital delivery to shareholders to keep their personal filings on time.
- Clear instructions on how to report K-1 income.
Compensation Check
- Review of “Reasonable Compensation” vs. Distributions.
- Coordination with your payroll provider (Gusto, ADP, etc.).
- Guidance on health insurance premiums for >2% shareholders.
- Audit support included via Protection Plus.
Is this S-Corp service right for you?
We specialize in small business entities with revenue between $100k and $5M.
Solo-Preneurs & Consultants
You incorporated to save on taxes. We ensure you take the right salary and maximize your home office and vehicle deductions without triggering an audit.
Agencies & Service Businesses
Whether you have 2 partners or 20 employees, we coordinate your payroll and bookkeeping to ensure your K-1s align perfectly with your financials.
Converting from LLC
If you recently filed Form 2553 to become an S-Corp, we handle the transition, including “Late Election Relief” if you missed the deadline.
Why S-Corp filing requires an expert
Business software often fails to calculate shareholder basis correctly, leaving you exposed to taxes on distributions.
| DIY / Standard Software | Everwise Tax & Finance | |
|---|---|---|
| Reasonable Compensation | No guidance (Audit Risk) | Proactive review of salary vs. profit |
| Basis Tracking | Manual calculation required | Maintained year-over-year |
| Deadline Management | Easy to miss March 15th | Reminders & Extension filing included |
| Payroll Coordination | Disconnected from tax | We reconcile W-2s to the return |
S-Corp Filing Questions
What is the deadline for S-Corp taxes?
S-Corps (Form 1120-S) are due March 15th, which is one month earlier than personal taxes. We can file a 6-month extension to September 15th if needed.
Do I have to run payroll for myself?
Yes. The IRS requires S-Corp shareholder-employees to pay themselves a “reasonable salary” subject to FICA taxes. We help you determine this number to stay compliant.
Can you handle my personal return (1040) too?
Absolutely. Most of our S-Corp clients have us prepare both their business return and their personal return to ensure the K-1 data flows correctly.
I missed the S-Corp election deadline. Can you help?
Yes. In many cases, we can file for “Late Election Relief” (Rev. Proc. 2013-30) along with your tax return to retroactively activate your S-Corp status.
Secure your March 15th filing slot
We limit our client roster to ensure every S-Corp return gets a detailed review. Reserve your spot today for accurate 1120-S preparation.
Get Started (5-Minute Intake)