Business returns, filed right.
An 1120-S or 1065 is not a form-filling exercise. It sets your salary, your basis, and what lands on your 1040. We prepare S corporation and partnership returns for owners across Utah County, from our Mapleton office or fully remote.
Built for pass-through owners.
S corporations and partnerships file their own returns, on their own deadline, a month before the 1040 is due. The return decides your reasonable compensation exposure, your basis for taking losses and distributions, your QBI deduction, and whether the Utah pass-through entity tax election saves you money. Getting it right is worth more than getting it cheap.
A few signs the conversation is worth having:
- ◆You run an S corporation and the 1120-S, TC-20S, and K-1s come due every March
- ◆Your partnership or multi-member LLC needs a 1065 and partner K-1s
- ◆You take owner distributions and nobody is tracking basis
- ◆Nobody has run the Utah pass-through entity tax math before December 31
- ◆Your current preparer files the return and disappears until next year
Still a sole proprietor and wondering whether the S corporation is worth it in the first place? Start with our S-Corp election service, where we run the viability numbers before you commit to payroll and an extra return.
The whole return.
Filing the forms is the floor. The work that actually saves taxes happens in the basis schedules, the elections, and the planning conversations before year end.
S corporation returns (1120-S)
The federal 1120-S, the Utah TC-20S, and shareholder K-1s, with a basis schedule that is reconciled every year instead of reconstructed the year you sell.
Partnership returns (1065)
The federal 1065, the Utah TC-65, and partner K-1s, with capital accounts kept current so admissions, buyouts, and refinances never turn into archaeology.
Pass-through entity tax election
Utah's SALT report election (Form TC-75) is irrevocable and due by year end. We run the federal math each fall and file it when the deduction wins.
Reasonable compensation & payroll
For S corp owners, we align the W-2 salary with a defensible comp study and keep payroll, distributions, and quarterly deposits moving in step.
Elections & cleanup
Late S-corp elections under Rev. Proc. 2013-30, accounting-method questions, and amended business returns when a prior year needs repair.
Year-round advisory
Business tax questions do not wait for April. Quarterly projections, entity questions, and a direct line to the person who signs the return.
Utah County, up close.
Most of our business-return clients are within twenty minutes of the office, and the rest are anywhere the portal reaches. Either way, the work and the preparer are the same.
Mapleton
Home base. Our office is at 768 S 1600 W, Suite A. Mapleton business owners can drop documents at the office or upload everything to the secure portal.
Orem
1120-S and 1065 filings for Orem businesses, handled in person or entirely through the portal and a video walkthrough of the finished return.
Spanish Fork
A few minutes up the road from our office. Close enough that many Spanish Fork owners still prefer to sit across the desk at signing time.
Provo
From new ventures to established companies, we prepare the returns and coordinate with your bookkeeper so year end closes without surprises.
Get the business return off your desk.
A 30-minute call is enough to scope your 1120-S or 1065, quote the work, and set the timeline so the K-1s are out before anyone is waiting on them.