Keep your S‑Corp shipshape—complete 1120‑S filings and K‑1s with no surprises.
S-Corporation Returns (Form 1120-S)
Service Overview
S-Corp compliance steered by the experts—your vessel in trusted hands.
From basis returns to state-level filing nuances, we deliver end-to-end S-Corp returns. We monitor election windows, optimize depreciation, and ensure K-1 accuracy for U.S. shareholders.
Frequently Asked Questions
How do you track shareholder basis?
We document capital contributions, loans, distributions, and losses to maintain an audit-ready basis schedule.
Can I file a late S-Corp election?
Yes. We prepare late Form 2553 submissions under IRS relief provisions, often securing retroactive S-status without penalties.
Do I need to take a salary from my S-Corp?
Taking a salary is one of the requirements of holding an S-Corp, and recommended to avoid audits and penalties down the line. While we do not handle payroll support, we can help guide you to service providers that will help you, and advise on optimal salary levels.
Which states require separate S-Corp filings?
States like California and New York require distinct returns; others accept informational filings. We apply our statewide matrix to your situation.
An S-Corp seems to always be better than having a default treatment LLC! Are there downsides?
As an expat you may have issues with the S-Corp treatment, which specifically allocates income which is not paid out as salary as unearned income. This does not correspond well with the Foreign Earned Income Exclusion for those abroad. Have our experts look into your situation and provide the structure that fits you best.
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Next Steps
Chart your S‑Corp filings—complete the form below or cruise into compliance by creating your account.
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