Business Tax Experts

Running a business is hard enough without overpaying the IRS. We specialize in tax preparation and planning for small, medium, and large businesses, including S-Corps, partnerships, and self-employed professionals.

We don’t just enter your data – anybody can do that. We advise you on legal strategies to lower your taxable income.

Smiling small business owner in an apron at his bike shop, representing small business tax services

Tax Strategies We Use to Lower Your Business Taxes

The tax code rewards business owners who plan ahead. These are some of the strategies we put to work:

  • The Augusta Rule – rent your home to your business tax-free for up to 14 days per year
  • S-Corp elections – reduce self-employment tax with a salary-plus-distributions structure
  • Depreciation of business equipment – including Section 179 and bonus depreciation
  • Accountable plans and home office deductions – done correctly, so they don’t raise audit flags
  • Retirement plan strategies – Solo 401(k)s, SEP IRAs, and more

Business Tax Services

Everything your business needs is under one roof, year-round:

  • Business tax return preparation: Schedule C, 1120S, 1065, 1120
  • Tax planning
  • S-Corp election and reasonable compensation analysis
  • Business entity formation
  • Tax audit representation by an IRS Enrolled Agent

Why Business Owners Choose Tax Scout

Business owners stay with us because we treat their taxes like our own:

  • We care and do our best, which is hard to find these days
  • We are friendly and responsive
  • We do your taxes ourselves and don’t farm anything out
  • We talk with you about long- and short-term strategies
  • We catch errors previous tax accountants have made

Own rental property alongside your business? Our Rental Home Tax Accountant page covers the strategies specific to landlords.

Frequently Asked Questions:
Small Business Taxes

What is the Augusta Rule and how does it save my business money?

The Augusta Rule (IRS Section 280A(g)) lets you rent your personal home to your business for up to 14 days per year. Your business deducts the rent, and you receive the income tax-free. Documentation matters – we provide the rental agreement and help you set a defensible market rate.

Once your net profit is consistently $50,000 or more per year, it is a good idea to consider electing to be taxed as an S-Corp. An S-Corp election can reduce self-employment tax and save you tens of thousands of dollars. If you decide to be taxed as an S-Corp, it does add payroll and accounting expenses, so we run the numbers first to confirm the savings outweigh the costs.

If you expect to owe $1,000 or more in tax for the year, the IRS generally requires quarterly estimated payments due in April, June, September, and January. We calculate your estimates so you avoid underpayment penalties without giving the IRS an interest-free loan.

Ordinary and necessary business expenses are deductible – equipment, software, advertising, business mileage, insurance, contract labor, professional fees, business meals (generally 50%), and a properly documented home office or work vehicle. We provide a free business expense worksheet so nothing is missed.

As an Enrolled Agent firm, we can represent you before the IRS. Our founder literally wrote a book on IRS audit flags, and we prepare every return with audit avoidance in mind. If a notice arrives, we handle the response – and if it grows into back taxes or a collection issue.

Business returns are priced by revenue and complexity, and we always provide a price range upfront – no surprises. We usually add $300-$500 to your personal tax return if you are an LLC or a sole proprietor. If you have an LLC taxed as an S-Corp, or a Partnership or Corporation, that is a separate tax return starting at $800. See our Transparent Pricing page for the full pricing guide.