Startup: C-Corporation Tax Return

$500.00

This package is intended for companies in pre-revenue stage who want to make sure their tax returns are filed correctly from the beginning. This is a package for companies with a C-Corp or S-Corp business structure who have zero income or have not started trading yet.

To qualify for the Startup: C-Corporation Tax Return, your gross business revenue must each be less than $5,000 for the tax year. This threshold is not based on income the company retains, but turnover as received into the company bank account, or income received in any other way.

This package includes:

  • Preparation of Form 1120 or 1120-S – Federal filing
  • Preparation of Form 5472 (Foreign owners report)
  • One State Income Tax Filing (if applicable).
  • Bookkeeping to reconcile up to 30 income/expense transactions.

After registration instructions for how to upload your documents and a link for  our simple tax questionnaire will be sent for you to complete. After that has been submitted you will be assigned to one of our experienced accountants in the order of signup. The tax accountant assigned will reach out to you once they start your tax return for any additional information required. Your tax returns will be provided for you to review prior to GBS e-filing them with the IRS.

*Please note this is the starting price for corporate tax preparation. For additional forms and more complex tax situations, an additional fee may apply.