S CORPS
We specialize in tax preparation and consulting for S-Corporations, helping businesses leverage their tax advantages and maintain compliance.
At Abell & Advisors, we guide clients through the IRS application process to secure S-Corp designation, which reduces self-employment taxes and positively impacts net income. We handle the filing of taxes using Federal Form 1120-S and relevant state schedules, providing robust support for S-Corps across all 50 states.
Our services extend beyond tax compliance to include comprehensive accounting and financial management for S-Corps. This includes streamlined financial recordkeeping, bank reconciliation, payroll management, and clear financial reporting. We ensure that your financial records are meticulously maintained and your payroll processes are handled with precision, enhancing your business’s net profits and financial health.
To minimize taxable income and maximize profits, we offer strategic tax planning services such as salary vs. distribution assessments, tax-saving deductions, and income redistribution strategies. We also assist with accurate estimated tax calculations, timely payments, and quarterly filings to the IRS. Our goal is to ensure compliance and optimize tax strategies for both your business and personal finances. At Abell & Advisors, we are committed to your financial success within the S-Corporation framework, providing personalized advice and expert support every step of the way.