Business Taxation

Tax support tailored to your business

Our primary objective is make sure your taxes are filed accurately. Our second objective? Reduce your tax liability without sacrificing the primary objective. We promise to give you professional and accurate tax return preparation assistance for your business, whether you’re the sole shareholder of an S-Corp or share responsibilities with other partners to maximize success. What you can count on with Lipsey and Associates:

  •  A modern, streamlined experience—From initial and ongoing collection of tax documents to filings, we provide a seamless, digital experience. We can connect directly to your QuickBooks Online data file to review, recommend changes and export financials.
  •  A custom experience—Every client is different, so we make sure to examine appropriate deductions and consider your unique situation to minimize your tax burden and ensure compliance.
  •  Year-round support—Our team is available throughout the year to help you make smart tax decisions and plan appropriately.

We offer 2 tiers of service for our business tax clients:

Tier I
Starts at $1500/year
  • Digital Copies of all returns, documents and K1s
  • E-filing returns for Federal and States
  • Access to client portal - easy upload and downloads
  • Estimated Tax Vouchers based on 110% Safe Harbor (if applicable based on status)
  • Annual 30-minute discussion with assigned Senior Tax Manager
  • Extensions Included
  • Annual Accounting Review
  • Audit and Notice Protection
  • Accuracy Protection Guarantee
Compliance
Tier II
Starts at $100/month
  • Includes Standard Plus Optional Advisory Services:
  • Augusta Rule - Pay yourself rent tax-free
  • Pass Thru Entity Tax (PTET) - Pay State individual income tax out of your business
  • Family Management - Put your kids on your business payroll
  • New/Small Business Advisory Package
  • Budgeting Assistance
  • CFO Services
  • Ongoing Advisory Call With Senior Managers
  • ...And More!
Advisory
More Information On Business Tax Filing Services

 

Digital Copies/E-filing – We provide complimentary digital copies of tax returns, k1s and source documents to our clients at no additional cost, available from any browser or cell phone via our secure portal and App. And since we are striving to become as paperless a tax firm as possible, we will be e-filing your state and federal business tax returns as well.

Client Portal – Our secure client portal allows for digital downloads, uploads, e-signatures and return review all from the same login. For business tax filings we will use Docusign and Sharefile to securely transmit documents so you no longer have to share secure information over email.

Annual Accounting Review – We include a Balance Sheet on every corporate (S Corp, C Corp, Partnership) tax return we prepare – so that your tax returns are as accurate as possible. While other shoddy tax firms might only includes the profit and loss – the real history is on the balance sheet. Because of that, one our Senior Tax Managers will review for accuracy the General Ledger and Trial Balance of every corporate tax return we prepare, even if we weren’t the bookkeeper on record. This is not to be confused with the AICPA Assurance-Level Review or Audit – because we do not perform any assurance work at this level of detail.

Audit and Notice Protection – Starting in 2024, every corporate (S Corp, C Corp, Partnership) tax return we prepare includes Federal Audit and Notice Protection from Tax Protection Plus built into the return price. The cost to hire a CPA or EA to assist in an audit from the IRS would exceed $5000 even for the smallest of companies so this benefit cannot be understated.

Accuracy Protection Guarantee – If we prepare your return and we make a mistake, we’ll fix the mistake at no cost to you. You may be required to pay any tax assessed as required but we will also attempt to remove the penalties and interest based on all available methods (First Time Abatement or Reasonable Cause are most common) and if we are unsuccessful then we will reimburse you for these costs.

 

Additional Advisory Services

As a client of Lipsey and Associates, we will regularly inform you of our various Tax Advisory Packages available to our individual tax clients and our business tax clients. We also offer regular Monthly or Quarterly “Check-Ins” with our Senior Tax Managers.

 

Don’t Let Another Year Go By