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Business Tax Returns (Schedule C, Forms 1065, 1120, 1120-S, 1120-H)

Federal and state business returns prepared virtually for clients nationwide, including all required Schedule K-1s.

What We Need

What we need to get started

We prepare Schedule C returns for sole proprietors, Form 1065 partnership returns, Form 1120 C corporation returns, Form 1120-S S corporation returns, and Form 1120-H homeowners association returns. Your bookkeeping should be finished before we begin. Here is what to gather.

What we need

  • Profit and loss statement and balance sheet
  • Prior year's tax return
  • A list of assets or purchases made during the year that you want to depreciate or amortize
  • If you have employees: the employer payroll taxes you paid
  • Estimated business income tax payments made quarterly
  • A copy of your state Business and Occupation (B&O) tax return, if you file one

What's included

  • Review of your bookkeeping, profit and loss statement, and balance sheet
  • Complete preparation of your federal business return
  • Schedule K-1s for owners, partners, or shareholders
  • Reconciling book income to tax income (Schedules M-1 and M-2)
  • Secure electronic filing with the IRS and your state

Please note: preparation timelines begin once all required documents are uploaded to your secure client portal. Not sure what applies to you? We'll walk through it together on a quick phone call.

How It Works

Get Started with Compass Tax Center

Simple, secure tax preparation—from anywhere in the U.S.

  1. Choose how to begin

    Start Now

    Send us your email to get started.

    Book a Free Consultation

    Book a free phone/video consultation.

  2. Complete your tax organizer

    Complete the tax organizer and securely upload your tax documents using the instructions provided.

  3. Your return is prepared

    Your return is prepared, with follow-up questions if additional information is needed.

  4. Review, sign, and pay

    Review your return during a phone call, get your questions answered, sign the required documents, and submit payment.

  5. Your return is e-filed

    After signed authorization and payment are received, your return is electronically filed.

Ready When You Are

Let's get your return started

Book a free consultation or send us a message and we'll tell you exactly what we need and what it will cost — before any work begins.

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