Answers to the questions we hear most.

We specialize. We are tax experts for small to medium businesses, with deep S-Corporation specialty — 1120-S returns, K-1s, reasonable-compensation memos, basis tracking, payroll, and IRS notice response for the returns we prepare. We return calls the same business day, you work with the same specialist year after year, and your first consultation is always free. Small enough to know every client by name; deep enough to handle the S-Corp work most generalist preparers avoid.

Nationwide. Our offices are in Boca Raton and Fort Lauderdale, Florida, but most engagements run fully remote. Federal tax work (1120-S, 1040, payroll) does not care where you live. We currently serve small to medium business clients in dozens of states. Document exchange runs through a secure portal, planning calls happen on video, and finished returns are delivered electronically. Visiting the South Florida offices is always an option but never a requirement.

Nothing. We sit down with you — in person at either office, on the phone, or on a video call — and talk through your situation. No hourly charges, no pressure, no obligation to sign on.

No. Most clients never visit the office. We exchange documents through a secure portal, do video calls when we need face time, and mail or email finished work. Visiting the Boca Raton or Fort Lauderdale office is always an option — but never a requirement.

Yes. We regularly pair with in-house bookkeepers and external payroll services. In that arrangement we typically handle tax returns, year-end adjustments, and strategic planning while your existing people continue day-to-day work.

They're two different things — and confusing them is the most common owner-operator mistake. An LLC is a legal entity formed under state law: it gives you liability protection and a separate legal identity. An S-Corp is a federal tax election (filed on Form 2553) that changes how the IRS treats your entity for income-tax purposes. By default, a single-member LLC is taxed as a sole proprietorship (Schedule C) and a multi-member LLC is taxed as a partnership (Form 1065). When that LLC elects S-Corp tax status, it keeps its legal structure but files an 1120-S instead. So the answer to "LLC or S-Corp?" is usually "LLC that has elected S-Corp tax status" — best of both worlds.

The math generally doesn't work below roughly $60,000-$80,000 of net self-employment income. The S-Corp savings come from avoiding self-employment tax on the distribution portion of your earnings, but the added complexity — running payroll, filing an 1120-S, documenting reasonable compensation, tracking basis — costs $1,500-$3,000 a year. Below ~$60K, the new costs eat the SE-tax savings. Above $60-80K, savings start to scale meaningfully — typically $3,000-$10,000+ per year at higher income levels. Other factors matter too (state taxes, retirement plan strategy, partner count), so we run the math for your specific situation before recommending the election. We file Form 2553 once you decide to move forward, and we can also file a late S-election (Rev. Proc. 2013-30) if you missed the deadline.

It's the salary you must pay yourself as an S-Corp owner-employee before taking the rest of your profit as a distribution. The IRS standard from §1.162-7 is "reasonable compensation for the services actually performed." There is no fixed percentage and no safe-harbor formula — the IRS uses a nine-factor analysis (training and experience, duties and responsibilities, time devoted, comparable salaries at similar businesses, dividend history, employee compensation, what comparable businesses pay for similar services, compensation agreements, and the use of a formula). Underpaying yourself to dodge payroll tax is the #1 reason the IRS examines S-Corp returns; if the IRS recharacterizes distributions as wages, you owe back payroll tax plus interest and penalties. Every S-Corp client we file gets an annual reasonable-compensation memo — a documented analysis defending the salary chosen, which is the contemporaneous evidence the IRS expects to see if your return is examined.

Sooner than you think. For individual returns, reaching out in January lets us plan proactively and file early (lower risk of IRS scrutiny, faster refund). For business returns, ongoing monthly contact throughout the year beats a once-a-year scramble in March.

Don't ignore it, and don't call the IRS before talking to us. Bring or email us the letter and we'll read it carefully, tell you what it actually means, and recommend a response. Most IRS letters are routine — but a few require quick, specific action.

Yes — we file back-year returns regularly. We reconstruct records, catch missed deductions, and file in the order that minimizes penalties and interest. If a balance remains after the returns are filed and you need to negotiate a payment plan or Offer in Compromise, that is IRS-representation work outside our practice scope — we refer you to a licensed Enrolled Agent or tax attorney for that piece.

Yes. Business-sale taxes depend entirely on how the deal is structured (asset vs. stock sale, installment vs. lump sum, entity type) — and the best structuring decisions happen BEFORE the LOI is signed. Bring us in early and we can frequently save six or seven figures of tax.

We are a tax and accounting firm focused on small to medium businesses, with deep specialty in S-Corporation taxation. We are not a CPA firm — financial-statement assurance work is performed by state-licensed CPAs and is outside our practice scope. We are not an IRS-representation firm — for audit defense, collections, appeals, Offers in Compromise, installment agreements, or levy/lien/wage-garnishment release, we refer you to a licensed Enrolled Agent or tax attorney. We do respond to routine IRS notices (CP2000, CP14, CP504, math-error notices, refund-hold notices) on tax returns we prepared.

Send us a copy within 30 days of receipt. Most routine notices (CP2000 income mismatches, CP14 balance-due notices, CP504 final-notice-before-levy, automated underreporter letters, math-error notices) have a documented response path. We draft and file the response on a flat fee per notice type. If the notice escalates into an audit, collections action, or appeal, we refer you to a licensed IRS-representation firm — those engagements are outside our practice scope.

These are IRS-representation engagements (audit defense, collections work, OIC negotiation, installment-agreement negotiation, levy or wage-garnishment release) and are outside our practice scope. We refer you to a licensed Enrolled Agent or tax attorney we trust, and we provide the underlying return work and records they need.

Yes. QuickBooks cleanup is a significant portion of our QB work — we re-categorize transactions, reconcile historical periods, correct opening balances, and give you a clean file from then on. We can also train your team so it stays clean.

Yes — one-on-one, in person or remotely, for QuickBooks Online and QuickBooks Desktop. Training is always customized to your industry and how you actually use QB (not generic classroom material).