Business Tax Preparation tailored to your entity structure and tax classification
Filing a business tax return involves more than entering numbers into a form. We review your entity structure and federal tax classification, organize the information needed for filing and prepare the return that applies to your business.
We work with LLCs and businesses taxed as partnerships, S corporations and C corporations. Before preparing the return, we confirm the federal tax classification because filing requirements depend on the entity type, number of owners and any tax elections that apply.
Service in English and Spanish from our Miami office, with virtual business tax preparation available when appropriate.
At a glance
- Service
- Preparation of business tax returns — federal and, when applicable, state.
- Who it's for
- Business owners and entities, including LLCs and businesses taxed as partnerships, S corporations or C corporations, that need to prepare the applicable tax returns.
- How we work
- In person at our Miami office, with virtual service available when appropriate.
- Languages
- English and Spanish.
- Getting started
- Schedule a consultation or message us on WhatsApp.
Who this service is for
We work with a range of business situations. What applies in each case is determined by the entity's tax classification and the situation of the business.
- You own an LLC and need to determine how it should file
- Your company is taxed as an S corporation
- Your company is taxed as a C corporation
- You operate through a partnership with multiple partners
- Your business received 1099 forms
- You have employees or run payroll
- You work with independent contractors
- You manage multiple business bank accounts
- You purchased equipment or assets for the business
- You need to file prior-year business returns
- Your company's structure, ownership or activity changed
- You need to get your information organized before the return can be prepared
Not every business files taxes the same way
An LLC does not automatically tell you which federal tax return the business files. Federal filing requirements depend on the entity's tax classification, the number of owners and any elections made with the IRS. Here are some general examples of how an entity may be classified:
Single-member LLC treated as a disregarded entity
For a single-member LLC owned by an individual and treated as a disregarded entity for federal income tax purposes, the business activity is generally reported on the owner's individual return. Depending on the activity, that may involve Schedule C, Schedule E or Schedule F.
Partnership
When a business is treated as a partnership for federal income tax purposes, it generally files Form 1065 and provides Schedule K-1 information to its partners.
S corporation
An eligible entity that makes a valid S corporation election generally files Form 1120-S and reports each shareholder's applicable share of income, deductions, credits and other items on Schedule K-1.
C corporation
A business taxed as a C corporation generally files Form 1120 and is treated as a separate taxpayer from its shareholders for federal income tax purposes.
Before preparing a business return, it is important to confirm how the entity is classified with the IRS. No structure or classification is better than another by itself: what is appropriate depends on each situation. This section is informational and does not constitute individualized legal or tax advice.
What the service can include
The scope depends on the entity, its tax classification and the information available. Depending on the case, the service can include the steps below.
- A review of the business financial information you provide.
- A review of the entity's legal structure and federal tax classification based on the information available.
- Preparation of the federal return that applies to your entity.
- Preparation of state returns when applicable.
- A review of the income reported under the business.
- A review of the business expenses you provide.
- An analysis of the relevant tax forms based on the available information.
- A review of partner or shareholder information when applicable.
- Preparation of forms related to the return when applicable.
- A clear, plain-language explanation of what the return shows.
- Electronic filing when it is available and permitted.
- Guidance on next steps if there is a balance due or a pending requirement.
Our process
We follow a clear sequence that adapts to the entity and the information available. Not every case follows exactly the same steps.
Business review
We review your entity, its activity and overall tax situation to determine what information we need.
Document organization
We gather the financial and tax information needed to work on the return.
Preparation and review
We prepare the applicable return and walk through the key points with you.
Filing and next steps
We file when it is available and permitted, and explain any follow-up actions that apply.
Documents you may need
This list is a general reference to help you prepare for your business's review.
- Business EIN
- Entity information and formation records
- Prior-year business tax return
- Profit and Loss Statement (P&L)
- Balance Sheet, when applicable
- Business bank statements
- 1099 forms received
- Payroll information
- W-2 forms and related filings, when applicable
- Contractor information
- Equipment and asset purchases
- Business vehicle information, when applicable
- Business loan statements
- Owner contributions and distributions
- Partner or shareholder information
- Schedule K-1, when applicable
- Records of other business income sources
The documents you need depend on the entity and the activity of the business. During the review we will tell you exactly what we need for your case.
A reliable return starts with organized books
Tax preparation is only as reliable as the financial information behind it. When the books are complete, categorized and reconciled, income, expenses and assets can be reviewed with greater accuracy and fewer follow-up questions.
If your books are incomplete, behind or inconsistent, we may need to organize or correct the underlying records before the business return can be prepared properly. You are not required to use Alemay Business for bookkeeping. If your books are maintained elsewhere, we can review the records you provide.
Reconciled records, up-to-date financial statements and consistent categorization make it easier to prepare the business return and support the amounts reported on it.
Why Alemay Business?
Bilingual service
We work with you in English and Spanish, so you can understand each step of the tax preparation process.
A clear explanation
We explain what we need, what we are reviewing and what the return shows.
An organized process
We follow a defined process so the information needed for your return is complete and organized before filing.
Personalized attention
We review your company's specific situation instead of applying the same format to everyone.
Integrated business services
Additional support with bookkeeping, credit, financing and IRS-related matters, coordinated through Alemay Business.
A physical office in Miami
9380 SW 72 ST, Suite 230B, Miami, FL 33173. Virtual service is also available when appropriate.
Digital access through Ale app
Ale app gives you a simple way to explore services, access helpful resources and schedule appointments from your phone.
A real team behind your business tax preparation
Work with a team that personally reviews your business information, keeps the process organized and coordinates with other professionals when your case requires it — with service in English and Spanish and a physical office in Miami.
Stay connected with Alemay through Ale app
Ale app is the digital platform of Alemay Business. From your phone, you can explore our services, access helpful resources and schedule appointments.
Frequently Asked Questions
Related services
Ready to prepare your business tax return?
Schedule a consultation and let's review your business structure, records and filing needs.
The information on this page is general in nature and does not constitute individualized tax, accounting or legal advice. The tax treatment of each entity depends on its structure, its classification with the IRS and the elections made, among other factors.
Alemay Business · 9380 SW 72 ST, Suite 230B, Miami, FL 33173 · 305-300-2346 · business@alemaybusiness.com · Fax 305-402-0706