Trustworthy Harrisburg CPAs Assist with Business Tax Preparation
Seasoned professionals get the details right to protect your bottom line
In today’s competitive economy, it’s imperative that companies avoid wasteful expenditures, and that includes overpaying on your taxes. Unfortunately, the U.S. Tax Code is so complex, it’s easy to miss opportunities to save on your tax bill, especially when we’ve just had the most sweeping overhaul of business tax law in the last 30 years. But Breon & Associates has in-depth, up-to-date knowledge of the tax code, and we are determined to give you every advantage available. Our tax preparation team is comprised of successful business people with an average of 25 years of experience. We know how to keep you in compliance while helping to minimize your tax burden.
Meticulous preparation of business tax filings for all entities
The Commonwealth of Pennsylvania recognizes a variety of business entities, and your tax filing obligations for state and federal depend on the entity you’ve chosen for your business. Breon & Associates manages tax filings for:
- Corporations — The IRS Form 1120 is officially the U.S. Corporate Income Tax Return. C corporations report their income, gains, losses, deductions, and credits and calculate their tax liability.
- Partnerships — If you belong to a partnership, the organization must file an IRS Form 1065 to report the income, gains, losses, deductions, and other information. The partnership does not pay tax; its profits or losses “pass through” to its partners who report on a Schedule K-1.
- S Corps and LLCs —Just like partnerships, taxes on S Corporations and LLCs pass through to the members’ personal tax return. An S Corporation will report income, deductions, and credits on IRS Form 1120S, while the LLC may be treated as a partnership, corporation or a disregarded entity that flows through to the member’s 1040 Schedule C.
- Nonprofit organizations — Even though nonprofit organizations are tax-exempt, most are still required to file annual tax returns with the IRS on a Form 990.
- Sole Proprietorship
In cases where income “passes through” to an individual’s tax return, we can prepare the business filing and the individual income tax return. In both cases, we provide highly personalized service taking great care to get your return right at a price you can afford. In many cases, our service actually pays for itself, as we uncover deductions you would have missed.
Get the most out of your tax preparation with an accounting cleanup
Unfortunately, many businesses’ accounting practices are in such disarray, it’s nearly impossible to hand the books over to a third party for tax preparation. If that’s the case with your company, Breon & Associates can perform an accounting cleanup prior to working on your taxes. A cleanup at this juncture is a prudent move that can save you great expense in the near future. Without a cleanup, you’re likely to file an inaccurate and sloppy tax return that misses available deductions and raises red flags at the IRS. So, not only could you pay too much initially, but you may be subjected to an IRS audit, which can be an expensive and unpleasant process. However, with an accounting cleanup, your books are in good order, your taxes are accurate, and if the IRS comes knocking, you’ll be able to justify your return clearly to their auditors. The value of an accounting cleanup from Breon & Associates, just like our business tax preparation, can pay for itself in expenses that you happily avoid.
Jumpstart next year’s tax savings with our taxation planning
Even the best tax preparer can’t work magic when the numbers don’t add up. To get the best outcome on your business taxes, it pays to do some advanced planning. Breon & Associates provides business taxation planning services for small and medium-sized companies. Our advisors draw on decades of tax and accounting experience. We work closely with you and management to minimize your tax liability.
Contact Breon & Associates in Harrisburg for business tax preparation
With offices in Harrisburg and North Central PA, Breon & Associates provides business, accounting and tax services throughout Pennsylvania. Call us at 1-888-516-8476 or 717-273-8626, or contact one of our offices online to schedule an appointment.
415 Market Street, Suite #205
Harrisburg, PA 17101
North Central PA Office:
86 Municipal Drive
Avis, PA 17721-8941
Camp Hill Office:
3461 Market Street, Ste 101
Camp Hill, PA 17011