Corporate Taxes

In Spanish

Small Business, Partnerships, and LLC Taxes in Spanish

We Handle All Corporate Tax Forms

What are corporate taxes?

Corporate taxes are taxes applied to businesses and legal entities on their net income, meaning income minus deductible expenses. Depending on the business structure, forms such as Form 1120 for C corporations, Form 1120-S for S corporations, and Form 1065 for partnerships may be involved. The IRS also offers specific resources for businesses and business tax accounts.

What does our service include?

Business Tax Structure Review
Business Tax Preparation and Filing
Business Consulting
Business Formation and Registration
Review of Income, Expenses, and Deductions
Accounting Organization and Documentation Support
Bookkeeping and Financial Statements
Tax Savings Strategy
Post-Filing Monitoring and Guidance

Comprehensive Business Tax Services

We offer comprehensive business tax services to help you comply with the IRS, reduce costly errors, and improve your business’s financial health.

Business Tax Preparation

We prepare your business tax return based on your company’s legal structure, income, expenses, and financial documentation. Our approach combines compliance, accuracy, and strategic vision.

Monthly Bookkeeping

We keep your accounting up-to-date so that your taxes don’t become a problem at year-end. Good bookkeeping allows you to report more accurately, identify deductible expenses, and make better decisions.

Filing for Partnerships, S-Corps, C-Corps, and LLCs

We guide you through the preparation and filing of business forms such as:

Form 1120
Form 1120-S
Form 1065

IRS Representation and Support

If you have received letters, notices, or need to respond to requests, we help you organize the information and manage the process with greater confidence. The IRS also offers mechanisms to access notices, letters, and records from the business tax account for certain entity types.

Tax Reduction Strategies

We don’t just fill out forms. We evaluate opportunities to improve your tax structure, better organize your expenses, and prepare you in advance for the next tax cycle.

Balance Sheet

We organize and analyze your balance sheet to provide a clear view of assets, liabilities, and equity, which is key for more professional management.

Payroll Taxes

If you have employees, we help you understand and comply with payroll tax obligations. The IRS itself indicates that the business tax account is used, among other cases, for filings such as Form 941 related to payroll taxes.

Business Deductions

We identify legitimate deductible expenses to help you reduce your tax burden within legal boundaries. This section is very important for small business owners who feel they are paying too much.

Audits and Preventive Review

We conduct reviews to detect inconsistencies before they become major problems. Prevention is an essential part of a healthy tax strategy.

Annual Tax Planning

We design a planning strategy so you don’t arrive at tax season improvising. This helps you project payments, avoid surprises, and make decisions with financial foresight.

Business Financial Advisory

We connect taxes with the actual operation of the business to help you make better decisions about expenses, growth, structure, and profitability.

Profit & Loss (P&L)

We prepare and review your profit and loss statement to understand your business’s true performance and support your tax declaration.

Other Important Business Forms

These forms are directly associated by the IRS with different types of business entities.

Sales Tax and Estimated Taxes

We advise you on sales taxes when they apply to your operation and on estimated payments to avoid delays, interest, or cash flow imbalances.

Signs Your Business Needs Professional Tax Help

You are paying more taxes than expected
You are unsure which expenses you can deduct
You mix personal and business finances
You don't keep up-to-date bookkeeping
You received letters or notices from the IRS
Your company is growing and needs more control
You don't know if your current structure is still the most suitable

Who Is This Service For?

This service is designed for:

LLC

We help businesses structured as LLCs to correctly fulfill their tax obligations according to their applicable tax treatment.

S-Corp

We prepare and organize tax filings for S corporations, ensuring compliance and proper documentation of income, deductions, and distributions.

C-Corp

We work with corporations subject to Form 1120 to structure the declaration accurately and strategically. The IRS expressly identifies Form 1120 as the reference form for C corporations.

Partnerships

We support partnerships in preparing their Form 1065 and organizing financial and operational information. The IRS also links business tax accounts with entities that file Form 1065.

Small Businesses and Growing Companies

If you’re invoicing more, hiring staff, or looking to organize your finances, this service helps you move from improvisation to financial control.

Do you also need personal taxes?

If, in addition to managing a business, you need to file your personal taxes, we also offer services for employees, freelancers, individuals with W-2, 1099, and ITIN.

Benefits of Working with Professionals for Your Business Taxes

Less Risk of Errors

A poorly prepared declaration can lead to delays, adjustments, IRS letters, or unnecessary payments.

More Financial Control

When your accounting and taxes are organized, you better understand how much you earn, how much you spend, and how much you can reinvest.

Better Tax Optimization

Identifying deductions and planning payments helps you retain more capital within the business.

More Time to Operate and Grow

Delegating this area allows you to focus on sales, operations, and business development.

IRS Compliance

The goal is not just to pay less, but to do it correctly and with support. The IRS has specific resources for businesses, forms, accounts, and business obligations.

How Our Process Works

Business Assessment

We analyze your company’s structure, income, expenses, and current tax obligations.

Financial and Accounting Review

We organize key business information, reviewing financial statements, transactions, and necessary documents.

Tax Strategy

We identify deductions, savings opportunities, and potential adjustments to optimize your tax outcome.

Preparation and Filing

We prepare and file the corresponding declaration based on the entity type and applicable regulations.

Follow-up and Support

We support you after filing to answer questions, respond to notices, and better plan for the next fiscal year.

Key Business Forms for Corporate Taxes

Success in your LLC taxes largely depends on correctly using the tax forms required by the Internal Revenue Service (IRS).
Each business type has specific obligations, and choosing the correct form is essential to avoid errors, penalties, or unnecessary payments.

Form 1065 - Partnerships and Multi-Member LLCs

Form 1065 is used when an LLC has more than one owner and is taxed as a partnership.

This form allows reporting of:

Business income
Deductible expenses
Gains or losses

Additionally, each partner receives a document called Schedule K-1, which details their share of the income for multi-member LLCs, family businesses, and partnerships.

Form 1120 - Corporations (C-Corp)

Form 1120 is the form used by businesses taxed as traditional corporations (C-Corp).

Unlike a standard LLC:

The company pays taxes directly
Double taxation may occur (company + owner)

Ideal for larger companies, businesses with constant reinvestment, and complex corporate structures.

Form 1120-S - S-Corp Election

Form 1120-S is used when an LLC or corporation elects to be taxed as an S-Corp.

Key benefits:

Avoids double taxation
Allows for income tax optimization
Can reduce self-employment taxes

Widely used by small business owners, independent professionals, and growing businesses.

Schedule K-1 - Distribution of Earnings

Schedule K-1 is not a separate return, but a document showing how earnings are distributed among partners or members.

Each person reports this information on their personal return. Applies to:

Partnerships
Multi-member LLCs
S-Corps

Estimated Taxes - Estimated Payments

Many business owners must make quarterly tax payments, known as estimated taxes.

These payments help to:

Avoid IRS penalties
Maintain cash flow control
Distribute the tax burden throughout the year

Payroll Taxes - Payroll Taxes

If your business has employees, you must comply with payroll tax obligations, including:

Tax withholdings
Social Security and Medicare
Periodic reports

Don't know which form your business needs?

Choosing the wrong form can cost you money or create problems with the IRS.
Each structure (LLC, S-Corp, C-Corp) has different rules.

We help you choose and correctly file your business taxes

Frequently Asked Questions about Business Taxes

1 What type of business needs to file business taxes?

Any business or legal entity with activity and income may have specific tax obligations depending on its structure, operation, and tax treatment.

2 Which form does my business need?

It depends on the entity. The IRS associates Form 1120 with C corporations, Form 1120-S with S corporations, and Form 1065 with partnerships.

3 Can I legally reduce what I pay in taxes?

Yes. Through valid deductions, good accounting, and tax planning, you can legally optimize your tax outcome.

4 What happens if I file my business taxes late?

Late filing can result in penalties and interest. The IRS explains that the penalty for failure to file can be 5% of the unpaid taxes for each month or part of a month that a return is late, up to a maximum of 25%, unless there is reasonable cause.

5 How much tax does an LLC pay?

It depends on how it is structured and how you choose to be taxed. By default, an LLC does not pay taxes as a business; instead, profits pass through to the owner and are reported on their personal return.

If you are a sole owner, you pay income tax + self-employment tax (approx. 15.3%). If there are multiple partners, each pays their share. You can also choose to be taxed as an S-Corp or C-Corp, which can change how much you pay.

The exact amount varies depending on income, expenses, state, and tax strategy, which is why personalized planning is key.

6 Do you offer help if my business received IRS notices?

Yes. We can help you review the documentation, understand the requirement, and prepare a more organized response.

7 What is an LLC and how do its taxes affect it?

An LLC (Limited Liability Company) is a business structure in the United States that combines the legal protection of a corporation with the tax flexibility of a partnership or sole proprietorship.

8 How is an LLC formed?

To create an LLC, it is necessary to file a document called Articles of Organization with the corresponding state agency. From that moment, the business acquires its legal structure and can formally operate.

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