S corporations
Allocations, basis, K-1 complexity, and corporate lifecycle events—handled with clear workpapers and review.
S corporation compliance requires discipline.
Owner-managed businesses balancing payroll, distributions, compliance, and year-round tax planning decisions.
Common issues
- Reasonable compensation and payroll alignment
- Shareholder basis tracking and distributions
- Multi-state filing obligations
- Entity-level elections and compliance timing
How we help
- Workpaper-driven preparation and review
- Partner capital/basis rollforwards and diagnostics
- Tax planning coordination with accounting inputs
- Clean client deliverables and payment guidance
What we need from you
- Trial balance / GL and supporting schedules
- K-1s received and issued, ownership changes
- Debt statements / loan activity, major transactions
- Prior year returns and workpapers (if available)
Lifecycle & transaction-related work
Admissions, redemptions, restructurings, and sale transactions require careful coordination of allocations, basis, and documentation. For transaction-focused support, see our M&A Tax Advisory service.
FAQs
- Do you help with partner changes and buy/sell events? Yes—planning and reporting coordination.
- Can you support multi-entity groups? Yes—structure and reporting consistency matter.