Business tax returns for small businesses
LLCs, S-corporations, partnerships and sole proprietors in South Dade and across the U.S. Returns filed on time, K-1s delivered, and advice on whether your entity still makes sense.
Jerome prepares S-corporation (Form 1120-S), partnership (Form 1065), C-corporation (Form 1120) and sole proprietor (Schedule C) returns, issues K-1s to owners, and helps you choose or change your entity, including S-corporation elections on Form 2553.
Returns and due dates
| Business type | Federal form | Due (calendar year) |
|---|---|---|
| S-corporation | Form 1120-S + K-1s | March 15 |
| Partnership or multi-member LLC | Form 1065 + K-1s | March 15 |
| C-corporation | Form 1120 (and Florida F-1120) | April 15 (Florida: May 1) |
| Sole proprietor or single-member LLC | Schedule C on Form 1040 | April 15 |
Extensions give more time to file, not more time to pay. Dates that fall on a weekend or holiday move to the next business day.
Choosing the right entity
An LLC is a legal wrapper. How it is taxed is a separate choice. Many profitable owners save self-employment tax by electing S-corporation status and paying themselves a reasonable salary, but the election adds payroll and a separate return, so it is not right for everyone.
Jerome runs the numbers both ways before you decide. To elect S-corporation status for a year, Form 2553 is generally due within 2 months and 15 days after the start of that tax year.
Better books, better returns
A business return is only as good as the books under it. If your records need help, start with bookkeeping. If you have employees or collect sales tax, see quarterly filings.
Common questions
Should my LLC be taxed as an S-corporation?
It depends on profit. Once a business earns enough that the self-employment tax savings outweigh the cost of running payroll and filing a separate return, an S-corporation election often makes sense. Jerome compares both options with your actual numbers.
My partnership return is late. What now?
File as soon as possible. Late partnership and S-corporation returns carry a per-owner, per-month penalty, and relief may be available for first-time or reasonable-cause situations.
Do you work with businesses outside Florida?
Yes. Federal business returns can be prepared for businesses anywhere in the U.S., and Jerome works with clients remotely through a secure portal.
It's always tax time. Let's get ahead of it.
Tell me what is going on with your taxes or your business. A short call is usually enough to know the next step.