We help small businesses, freelancers. contractors and sole proprietors manage their corporation tax professionally.
Are you looking for the best online corporation tax service? At Penthers, we help small businesses, freelancers. contractors and sole traders manage their corporation tax professionally.
A Certified Public Accountant (CPA) or Enrolled Agent )EA) assigned to your company will do all the accounting tasks: track filing deadlines, suggest tax exemptions, and prepare reports.
Penthers’ Tax Professionals are Certified.
We can handle tax return preparation and filing for small businesses, partnerships, trusts, estates, ex-pats, S-Corps, C-Corps, LLCs, sole practitioners with businesses, nonprofits needing to file Form 990, and many others!
S-Corporation Tax Return
C-Corporation Tax Return
LLC Tax Return
We do it differently
Certified corporation tax specialist
This is why our in-house tax consultants are best placed to make sure you are using all of your legitimate tax allowances to the full.
Many business owners are unaware of tax deductions and exemptions that their business may be missing out on, and it is our job to ensure these are applied to your business so you are paying the right amount of corporation tax.
We help small businesses, and freelancers. contractors and sole proprietors manage their corporation tax professionally.
Your Satisfaction is 100% guaranteed.
Penthers guarantees the accuracy of the refund or tax due reported.
If there’s a problem we will correct the error and give you a full refund of our fees.
| Sole Proprietor Tax | LLC Tax Return | Partnership Tax Return | S-Corp. Tax Return | C-Corp.Tax Return | Non-Profit Tax Return | Trust / State Tax |
|---|---|---|---|---|---|---|
| $149 | $199 | $399 | $399 | $599 | $749 | $999 |
| A sole proprietor is someone who owns an unincorporated business by himself or herself. | A Limited Liability Company (LLC) is a business structure allowed by state statute. Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs and foreign entities. | A partnership is the relationship between two or more people to do trade or business. Each person contributes money, property, labor or skill, and shares in the profits and losses of the business. | S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. | A corporation generally takes the same deductions as a sole proprietorship to figure its taxable income. A corporation can also take special deductions. | Organizations that are organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational or other specified purposes. | Estates and Trusts income tax return filed by the fiduciary of a domestic decedent’s estate, trust, or bankruptcy estate. |
Keeping up with all the constant changes to corporation tax rates and reliefs that happen on an annual basis. It is important that as a business owner, you don’t miss out on any of these changes that could result in an overpayment of tax.
We specialize in business tax services you can trust. Talk to us today. Taxes eat away at your bottom line. Which is why we want you to keep all the money you can.
What is Corporation Tax?
If you’re a limited company, you need to make allowances for your Corporation Tax bill. Virtual 1 Accounting can help you to work out precisely what you own, and when to pay HMRC as well as ensure you comply with your company’s reporting requirements.
Wha date do I file my business taxes?
Generally, S-Corps and Partnerships are due 3/15. C-Corps and Schedule Cs (which are reported along with the 1040’s) are due on April 15th of every year. However, there is an exception if the 15th falls on a weekend then the due date will fall on the next business day. For example, in 2018, April 17th is the deadline for C corps and 1040s. If an extension is filed by 3/15 or 4/17, the due date extends to 9/15 for S-Corps and partnerships and 10/15 for C-Corps and personal returns.
Do I have to file estimated taxes?
It depends on your situation. An estimated tax payment might be necessary if the business is generating a profit, where income exceeds expenses. In addition, it might also be necessary if you received any income where taxes were not withheld.
Do I have to file end of year return, if I made $0 this year?
The short answer is yes. For SMLLC or Sole Proprietors, you may not be required to file a Schedule C, but if your business was active and you incurred expenses, you can claim those expenses. Some states will require a filing for the LLC regardless of whether there was activity. It is important to note that as long as the business was active and operational, even if you made no income, you can claim those expenses. For C-Corps, S-Corps, and 1065, it is always mandatory to file, even if there was no activity.
Do I need to declare my entity in 75 days?
The IRS recommends that you declare an entity election within 75 days of when the LLC is registered, however, not every entity requires this. All LLCs are by default either a Single Member LLC or Multi-Member LLC, otherwise known as a partnership. If you opt to switch over to S-Corp or C-Corporation status, you may do this either 75 days from when you register the LLC or 75 days after the new year. If 75 days pass, you can do what’s known as a “Late Election”. The IRS does not penalize businesses for doing a Late Election.
How does your service work?
Our services are online and telephone-based, with your dedicated accountant available for support during office hours. No matter what kind of business you are in, our dedicated and fully qualified accountants can help you with the services you need. We understand that no two businesses are completely alike, so it is best to speak with us first. We can provide you with access to our cutting-edge online accounting software tools and help to manage your business finances in a manner and scale of delivery that suits you.
How soon can I switch to you?
Penthers can start working with you almost immediately. You may need to sign off from your existing accounting firm, if you already have one, but as soon as you sign up with us we can get to know you and your business and start to manage your financial responsibilities right away.
Have more questions?
Easy Company Formation
We help you quickly and easily form your LLC, S-Corp, C-Corp, or other business.
Start your business today. No contracts. No hidden fees.
An EIN is an employer identification number. EIN is a nine-digit number like a social security number. The IRS uses it for tax purposes. When you place an EIN order on our website, we start the process for you immediately.
Receive Your Official EIN Today!
The process of applying for an EIN can be confusing and strenuous for small business owners and entrepreneurs. Whether you’re a business owner, entrepreneur, executor, administrator, or representative of an estate, we’ll work with the IRS on your behalf as your third-party designee.
Our team of accountants, tax professionals, and small business experts is standing by to process your application. We’ll review all the information you provide and advise on anything you may need to add or revise in order to get your application accepted. Once your application has been thoroughly reviewed by our team, we’ll submit it electronically to obtain your EIN. If any additional documents are needed, our team will work with the IRS directly to save you time.
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At Penthers, we make you the center of everything we do. Our focus is on supporting businesses, like yours, to improve productivity, increase their profits, grow sustainably, and find more time to do the things they want to do.
