Help & Info

For service specific FAQs, please see service pages.
All businesses are required to file an annual tax return with the IRS whether or not they are active.  Failure to do so can result in penalties for failure to file or failure to pay.  If the entity has non-US founders there can also be large automatic penalties for failure to file specific forms reporting the foreign ownership.  Best advice here is to file annually and on time!

A c-corp will have to file a Federal return (form 1120) annually and the associated forms including informational returns for payments made to non-employees.  A State tax return may also be required and a State Franchise tax return with the state in which you are registered is likely required.  You may also need to file employment taxes if you have employees in the US or sales taxes.  It can seem quite daunting, but we can help!

Federal taxes for an LLC will depend on whether you are a Single Member or a Multi Member LLC.
  • Single member LLCs are treated as Sole Proprietorships and you would typically file your normal 1040 plus schedule C. 
  • Multi member LLCs are treated as partnership so must file form 1065, then each member reports their share of the profits or losses on their personal tax return. 
You may also need to file informational returns such as 1099s to report payments to non-employees. A State tax return may also be required and a State Franchise tax return with the state in which you are registered is likely required.  You may also need to file employment taxes if you have employees in the US or sales taxes.  It can seem quite daunting, but we can help!
Bookkeeping serves two purposes for your business. First, it keeps your company on track with key financial indicators – profit, loss, cash flow – so you can make better decisions. Second, monthly bookkeeping ensures compliance by tracking the financial history for the year, making it easy to report to the IRS in your taxes
The IRS has strict guidelines for tax preparers to ensure we keep your data safe.  In addition we are currently undergoing a SOC2 Audit to ensure that both our systems and our processes are setup to safeguard your data.
Yes, we can help with late tax returns, returns that need an amendment, State or Franchise taxes, etc. The best thing to do is to contact us as we’d be happy to help! We will then ask you to send us the letter and we can work together to determine how to address the issue.
Yes, the IRS has a very active and automated mail department.  They are quite quick to send out messages about penalties, non-compliance and the like.  We are happy to help in these situations.  The best thing to do is use our contact us page and send us the letter and we can work together to determine how to address the issue.
Yikes!  The big red flag here is that the IRS NEVER calls you, they always send a letter then you have to call them.  So this is 99.999% of the time a scam and the scammer is trying to get information about your business.
Yes, if we make a mistake on your taxes we will fix it free of charge.
No, please don’t mail it or email it (neither are very secure).  The best thing is to upload it to our secure portal and then our team will have instant access to it.
We can cover lots of topics and help you gain a better understanding of how your business will be taxed and the implications.  Topics often include – tax strategy, explaining why you may have received an IRS letter, how fundraising will impact your business, and similar topics.  It can be super helpful to speak with a tax expert.
We are a remote first company, and have been since inception back in 2017.  We have team members in the US and abroad.  Our systems are designed for us to work with you regardless of where we are or where you are physically located.

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