Sheppard Tax Preparation
Columbus, Ohio Income Tax Preparation Service
IRS, State, & Local Income Tax Preparation
(614) 523-3106 or (877) 505-9455
SCHEDULE YOUR CORPORATE INCOME TAX RETURN PREPARATION TODAY (614) 523-3106
When filing income taxes as a Corporation your business you may elect to be taxed as a C-Corp or an S-Corp. Corporate income tax return preparation can seem like a daunting task for owners of small-mid size businesses as there are constant changes and new tax laws and rules added by the IRS. As a year-round tax service, we stay abreast of the current income tax provisions which may have an impact on your business and personal tax responsibility.
You may hear the term double-taxation when referring to a corporation. That is because the C corporation is not a pass-through entity, and therefore pays taxes on its net income and the shareholders also pay tax on the distributions. While there are certain advantages that may entice a business owner to choose to elect to maintain a C status, many small businesses choose to file an S election with the IRS in order to file income taxes as an S corporation and avoid double-taxation.
An S corporation passes-through the profits, similar to a sole-proprietorship, LLC, or partnership. Therefore the business profits or losses pass on to the owners of the corporation, who must report them on their personal income tax returns. If the S corporation has more than one owner it must file an informational return in order to report each owners share of the profits or losses.
As each small business owner faces unique situations, it is important to discuss your specific circumstances with an income tax preparer in order to maximize your deductions and minimize the amount you pay to the IRS. At Sheppard Tax Prep we work with taxes year-round and therefore are available to assist our clients with business and personal income tax preparation, tax planning, as well as larger tax issues.
Sheppard Tax Preparation
a division of Sheppard Law Offices
The Columbus, Ohio Income Tax Return Preparation office at Sheppard Law Offices, LPA is conveniently located just inside I-270 off of Cleveland Ave. Our offices provide a short drive to get your taxes done from throughout Central Ohio including counties of Franklin, Delaware, Knox, Marion, Licking, & Fairfield. We regularly serve tax clients from Columbus, Westerville, Bexley, Dublin, Sunbury, Delaware, Fredericktown, Johnstown, Centerberg, New Albany, Gahanna, Pickerington, Grandview, Upper Arlington, Clintonville, Groveport, Pickerington, Pataskala, Reynoldsburg, Groveport, Lewis Center, Worthington, Granville, the Short North, Hilliard, Plain City, Grove City, Newark, Mt. Vernon, Canal Winchester, and Lancaster.
Columbus Ohio Office
2600 Tiller Lane, Suite A
Columbus, Ohio 43231
Telephone: (614) 523-3106
Newark, Ohio Office
843 N. 21st Street, Suite 108
Newark, Ohio 43055
Telephone: (740) 345-7138
Belden Village Tower, 200
Canton, Ohio 44718
Telephone: (330) 409-2876
Mt. Vernon, Ohio Office
11 West Gambier Street
Mt. Vernon, Ohio 43050
Telephone: (740) 392-0404
Sheppard Law Offices
IRS, State, & Local Income Tax Preparation (614) 523-3106 or (877) 505-9455