Business Tax Services
Business Entity Tax Preparation
Detailed tax preparation for businesses and their owners. Montano's Income Tax Services helps entities organize their records, meet federal and California filing requirements, and understand their tax responsibilities with greater confidence.
What This Service Provides
Tax preparation built around your business.
A business tax return reports the entity's income, expenses, deductions, credits, assets, and other financial activity to the IRS and the State of California. Preparing it correctly requires understanding the business structure and how its records work together.
Montano's reviews the company's financial records and asks about ownership, operations, assets, payroll, and important changes during the year. This supports a complete return while identifying tax items that may apply to the entity and its owners.
Included in the Service
Complete support from records to filing.
Review of profit-and-loss statements, balance sheets, bank activity, payroll records, asset purchases, contractor payments, and other documents needed to prepare the business return.
Preparation of the appropriate federal business return based on the entity type, financial records, ownership information, and supporting documentation provided.
Preparation of the applicable California business return, including state-specific adjustments, filing requirements, and available information about taxes or fees due.
Review of ordinary business expenses, depreciation, tax elections, credits, carryovers, and other items that may affect the entity's taxable income and filing position.
Preparation of applicable Schedule K-1 information and review of owner, partner, or shareholder items that flow from the business return to individual tax filings.
Secure electronic submission of eligible returns, with confirmation, payment guidance, filing instructions, and reminders about records or estimated-tax items that may require follow-up.
Entities & Filing Situations
Preparation for common business structures.
Business tax preparation depends on the entity type, ownership, operations, and quality of the financial records. Each return is prepared around the company's actual activity and documentation.
The Business Tax Process
An organized path from records to filing.
Gather
Collect financial statements, bookkeeping reports, payroll records, ownership details, and supporting business documents.
Review
Review the entity structure, financial activity, owner information, prior returns, and significant changes during the year.
Prepare
Prepare the required federal and state business returns, supporting schedules, elections, and applicable owner reporting.
Explain & File
Explain the completed returns, answer questions, provide payment guidance, and electronically file eligible forms.