SERVICES

S corporation tax return preparation and owner coordination

An S corporation return connects the company's books, payroll, shareholder compensation, distributions, basis-related information, and owner K-1s. Tavella CPA Group prepares Form 1120-S and applicable state returns for accepted engagements, with separate review available for reasonable compensation, late elections, or filing notices when included in the scope.

Published Substantively reviewed by Stefano Tavella, CPA

Discuss Your S Corporation

Items that may require review

  • Shareholder ownership
  • Officer compensation
  • Payroll reporting
  • Shareholder distributions
  • Stock and debt basis
  • Loans between owner and company
  • Health-insurance reporting
  • Fixed assets and depreciation
  • State elections and filings
  • Personal-return coordination

RECORDS AND FACTS

Reconcile the company return with payroll and shareholder activity

The S corporation return depends on both the company's books and complete owner-level records. These common inputs help define the work before secure collection begins.

  • Tax-ready financial statements and the general ledger
  • Payroll reports, officer compensation, and shareholder health-insurance reporting
  • Shareholder ownership, contributions, distributions, and loan activity
  • Stock- and debt-basis information provided for the accepted return scope
  • Fixed assets, purchases, dispositions, repairs, and improvements
  • Prior returns, state activity, estimates, extensions, and notices

BEFORE YOU REQUEST A CALL

See what fits this service and what is scoped separately

This service may be a fit when

  • S corporations that need Form 1120-S and Schedule K-1 preparation
  • Shareholder-employees with current payroll and tax-ready business records
  • Owners who want the entity return coordinated with separately scoped personal-return work

These items require separate scope or another professional

  • Each shareholder's personal return
  • Payroll corrections, late elections, notices, and bookkeeping cleanup
  • Legal advice and audit, review, compilation, or other attest services

Start with the books, payroll, shareholders, states, and deadline

Share the tax year, ownership, states, filing deadline, prior return, condition of the books, payroll status, distributions, and major fixed-asset activity. The entity returns, K-1s, owner coordination, timing, and fee are confirmed before preparation begins.

ANTICIPATED DELIVERABLE

An accepted Form 1120-S return package and owner follow-up list

The engagement identifies each accepted entity return and K-1. Personal returns, payroll corrections, basis work outside the return, elections, notices, and cleanup remain separate unless included in writing.

  • Form 1120-S and Schedule K-1s within the accepted scope
  • Accepted state S corporation returns and filing authorizations
  • Open items involving payroll, compensation, distributions, basis inputs, or fixed assets
  • Owner-level information identified for separately scoped return coordination

COMMON QUESTIONS

Questions about s-corporation tax preparation

What documents will I need?

Common items include tax-ready financial statements, the general ledger, payroll reports, shareholder ownership and distribution records, basis information, loan activity, fixed-asset details, health-insurance reporting, and prior federal and state returns.

Is the personal return included?

Not automatically. The S-corporation return and each shareholder’s personal return are separate filings. The written scope will state which returns and coordination services are included.

How do I upload documents?

After engagement setup, use the secure client portal and the upload instructions provided by Tavella CPA Group. Do not send Social Security numbers, tax returns, bank information, or other sensitive documents through the public contact form or ordinary email.

Is this service cloud-based?

Yes. Organizers, secure document uploads, messages, electronic signatures, invoices, and final documents can be handled online through the appropriate secure workflow.

Are additional states included?

Only the federal and state filings listed in the written scope are included. If another state filing is identified, the additional scope and fee are confirmed before that work proceeds.

How long will preparation take?

Timing depends on the service, complexity, completeness of the information provided, filing deadline, and current availability. Expected timing is discussed when the scope is confirmed; submitting a consultation request does not reserve a filing deadline.

What happens if information is missing?

Tavella CPA Group will identify the missing items and explain what is needed next. Preparation or filing may need to pause until the required information is received, and any deadline or extension options will be discussed based on the circumstances.

Is audit or notice representation included?

Only when representation is expressly included in the written engagement. Audit, examination, and notice-response work are otherwise reviewed and scoped separately.

PRIMARY AUTHORITY

Government sources for the general rules

These sources support the general information on this page. The current instructions and the facts of a specific return, jurisdiction, or notice still control.

PLAIN-ENGLISH TAX GUIDES

Use these source-backed guides to prepare for a conversation about this service. The guides provide general information, not advice for a specific situation.

Browse all tax guides

WHO THIS SERVICE HELPS

See how this service connects to your situation

Start with the client guide that best matches how you earn income, own assets, or operate your business.

USEFUL NEXT STEPS

Tools and guidance for this situation

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READY TO DISCUSS THE SCOPE?

Tell us what you need and when you need it.

Discuss Your S Corporation