BPT Your Trusted Accounting Partner

Individual Packages

• W-2 income, Interest, and dividends

• IRS standard deduction

• Earned Income Tax Credit (EITC)

• Child Tax Credit (CTC)

• Student loan interest deduction

• Schedule 1-A deductions for qualified tips,

• overtime pay, and car loan interest

• Taxable qualified retirement plan distributions

• Itemized deductions

• Unemployment income reported on a

  1099-G

• Business or 1099-NEC income

• Stock sales (including crypto investments)

• Income from rental property or property sales

• Credits, deductions and income reported on other forms or schedules

• Everything in the Tax Returns Tier

• Personalized tax reduction strategies based on income and goals

• Year-round tax planning to minimize future tax liability

• Income timing and deduction planning strategies

• Retirement and tax-advantaged contribution planning

• Estimated tax payment and withholding analysis

• Capital gains and investment tax planning

• Life event tax planning (marriage, home purchase, new child, etc.)

• Proactive strategies to prevent tax surprises

Tax Returns

Tax Planning & Strategy

$199

Flat Rate

$299

Monthly

Business Packages

• Form 1065: The primary informational return filed by the LLC to report total income, deductions, and credits.

• Schedule K-1 (Form 1065): Issued by the LLC to each member. It details their specific share of the business's profits, losses, and credits.

• Schedule E (Form 1040)

• Critical Deadlines (2025 Tax Year)

• Standard Filing: March 17, 2026 (since March 15 falls on a Sunday) for calendar-year businesses.

• Extensions: Use Form 7004 by the March deadline to request an automatic six-month extension until September 15, 2026.

• Financial Records: Profit and loss statements, balance sheets, and a trial balance.

• Operating Agreement and capital account.

• Income/Expense Proof: Bank statements, 1099-NEC forms received, and detailed records of deductible business expenses.

• Payroll Records: Forms 940 and 941 if the LLC has employees.
  

• Bookkeeping for Small Businesses

• Recordkeeping: IRS requires accurate tracking of gross receipts, purchases, expenses, and assets.

• Methods: Choose between cash-based (simpler) or accrual, using software like Wave or QuickBooks.

• Best Practices: Perform monthly reconciliations to ensure financial visibility and prevent year-end stress.

• Payroll Management

• Compliance: Maintain records of hours worked, wages paid, and tax withholdings.

• Withholding: Use Form W-4 to calculate federal income tax, along with FICA (Social Security and Medicare).

• Deadlines: File forms like 941 (quarterly) and 940 (annual) for federal unemployment tax.

• Tax Planning and Strategy

• Structure: Evaluate if an LLC or S-corp election reduces your tax burden.

• Quarterly Payments: Submit estimated taxes if you expect to owe or more annually.

• Deductions: Keep thorough documentation to support claimed expenses and avoid audits.

Multi-Member LLC Tax Returns

• Form 1120-S: The primary tax return document.

• Schedule K-1: Issued to each shareholder to report their pro-rata share of income, losses, and deductions.

• Form 7004: Used to request an automatic 6-month extension, changing the deadline to September 15.

• Form 941 & 940: Required for quarterly payroll taxes and annual unemployment tax.
  

$1,499

$1,799

$499

Flat Rate

Monthly

S Corporation Tax Returns

Flat Rate

BPT Package For Small Business

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