Small Business Tax Preparation in Plano, TX
Plano runs on business. Corporate headquarters out at Legacy West, family shops that have been on Coit Road for decades, and a steady stream of people leaving those corporate jobs to start something of their own. I prepare business tax returns for all of them — LLCs, S-corps, partnerships, and sole proprietors across Plano and the surrounding suburbs.
The difference working with me is that I actually know your file. You're not re-explaining your business to a stranger every February. I see your numbers through the year — especially if I'm also handling your bookkeeping — so your return gets filed from clean records instead of a shoebox reconstruction in March. One person, both jobs, and they always agree.
I'll also tell you when your setup is costing you. A lot of Plano business owners are sole proprietors who'd save real money as an S-corp, or they're sitting on deductible expenses nobody ever categorized. That comes up in a conversation before I file — not two years later when it's too late to do anything about it.
Worth knowing in Plano
A huge number of Plano businesses start the same way: someone leaves a corporate job at one of the big Legacy campuses and starts consulting. The first year they file as a sole proprietor and pay self-employment tax on every dollar of profit. Past roughly $40–50k in net profit, an S-corp election often saves thousands a year. If that's you, it's worth a fifteen-minute conversation before filing season.
What's Included
Corporate & S-corp returns
Form 1120 and 1120-S, shareholder K-1s, and reasonable-compensation guidance — the piece most Plano S-corp owners get wrong on their own.
Partnership returns
Form 1065 with partner K-1s, allocations done right, so every owner gets a clean number for their personal return.
Single-member LLCs & sole proprietors
Schedule C prepared from real books, with every legitimate expense captured — home office, mileage, equipment, the works.
Quarterly estimates & Texas franchise tax
Estimated payments calculated through the year plus the annual franchise tax filing nearly every Plano LLC and corporation owes each May.
Plano Questions I Hear a Lot
I left a corporate job in Plano to consult — do I need an LLC or an S-corp?
It depends on your profit. Early on, a single-member LLC taxed as a sole proprietor is simple and fine. Once you're consistently netting more than about $40–50k, an S-corp election usually starts saving you real money on self-employment tax. I'll run the actual numbers for your situation before you decide.
Does my Plano business owe Texas franchise tax?
Most Plano LLCs and corporations have a franchise tax report due each May, even if no tax is actually owed — Texas still wants the filing. I handle it alongside your federal return so it doesn't get missed and turn into a penalty.
Can you do my bookkeeping and my business return together?
That's the best setup, and it's what I'd recommend. When the same person keeps your books and files your return, nothing gets lost in the handoff between a bookkeeper and a separate tax preparer. Your return also comes out cheaper because the records are already clean.
How much does small business tax preparation cost in Plano?
It depends on your entity type and how clean your books are — a single-member LLC is different from an S-corp with payroll and a K-1. Call or text me and I'll give you a flat quote up front, before any work starts. No hourly meter, no surprise invoice.
Let's Talk
Serving Plano and the surrounding North Texas communities. Call or text and tell me what you're dealing with — I'll give you a straight answer, usually within 24 hours.
Areas I Serve
And surrounding North Texas communities.