Startup Tax Package

Our Startup corporate tax package for businesses with annual gross revenue and expenses of less than $5000 includes preparing Form 1120 – Federal C-Corp filing, or Form 1120-S for S-Corporations, one State tax return (if required), and inclusion of 3 Forms 5472 for companies with foreign ownership.

Why Is Cleer the best firm for Startup tax prep?

To qualify for the Startup Tax Return, your gross business revenue and expenses must be less than $5,000 for the tax year - not net or retained income.

Here is what to expect from our simple, paperless process:

• Fill out our simple tax questionnaire.
• Upload your documents to your private, secure folder.
• Your dedicated tax accountant will review your financial statement and documents.
• When your return is complete, your accountant will send a secure link for your review.
• Your return is e-filed with the IRS, and confirmation is stored in your folder.

That’s it!  While it may sound impossible, Cleer makes the process of filing your US business taxes as simple as possible.

What’s Included in your package

C-Corporation

• Preparation of Form 1120
• Up to 3 Forms 5472
• One State Income Tax Filing (if applicable).

Multi-Owner Partnership (LLC):

• Preparation of Form 1065
• Preparation of Schedule K-1s for up to four members
• One State Income Tax Filing (if applicable).

US Single Owner/Sole Proprietor:

• Preparation of Form 1040
• Preparation of Schedule C
• One State Income Tax Filing (if applicable).

Foreign Single Owner/Sole Proprietor (Foreign-Owned Disregarded Entity or FODE):

• Preparation of Form 1120 or 1120-S
• Preparation of Form 5472 (Foreign owners report)

*Please note this is the starting price for corporate tax preparation. For additional forms and more complex tax situations, such as foreign holdings, additional fees will apply.