Milk & Honey Co.
Tax Preparation

Business Tax Preparation

1120, 1120-S, 1065, Schedule C — filed to withstand audit.

Overview

Business returns are where preparer skill matters most: entity classification, reasonable compensation, basis tracking, accountable plans, and §199A optimization each move the tax number by thousands. Our senior accountant and IRS-registered tax professionals prepare and review every return we file, and every client gets a year-end planning conversation before we lock the return.

What's Included

  • Form 1120 (C-Corporation) preparation and planning
  • Form 1120-S (S-Corporation) with reasonable compensation analysis
  • Form 1065 (Partnership) with K-1 preparation for every partner
  • Schedule C for sole proprietors and single-member LLCs
  • §199A Qualified Business Income deduction optimization
Business Tax Preparation FAQs

Frequently Asked Questions

When are business tax returns due?

S-corporations and partnerships file by March 15 (Form 1120-S / 1065). C-corporations file by April 15 (Form 1120). Extensions add 6 months but don't extend payment deadlines.

What is reasonable compensation for an S-corporation owner?

The IRS requires S-corp owner-employees to pay themselves 'reasonable compensation' via W-2 before taking distributions. We benchmark against RCReports and industry data, document the analysis, and defend it if challenged.

Do you file returns for multi-member LLCs?

Yes. Multi-member LLCs default to partnership taxation and file Form 1065 unless they elect S-corp or C-corp treatment. We handle the entity classification decision as part of onboarding.

Can you prepare returns in a state we're not registered in but have nexus in?

Yes — with a nexus review first. Many growing businesses discover they've triggered filing obligations in states they never registered in; we prepare the returns and often pair with a Voluntary Disclosure Agreement to limit look-back exposure.

See our full Tax Resolution, Tax Prep & Bookkeeping FAQ.

Business Tax Preparation Across Northeast Florida

We handle business tax preparation cases for taxpayers and small business owners throughout the Jacksonville metro. Choose your city to see our local service area, ZIP codes served, and city FAQs.

Also serving all of Duval County, St. Johns County, Clay County, and Nassau County. See the full Jacksonville tax attorney overview.

Ready to talk about Business Tax Preparation?

Call now for a free case review. We'll pull your transcripts and show you exactly what your options are.