Business tax
CPA-Led Business Tax Preparer, LLC & S-Corp Filing, and Tax Strategy for New York, Long Island, and Nationwide Clients
We provide business tax preparation, LLC and S-Corp tax filing, and year-round tax strategy for businesses in New York, Long Island, and across the U.S.
Our goal is simple: keep your business compliant, reduce tax liability legally, and prevent unnecessary IRS issues.
Who We Serve
Our Business Tax services support:
- LLCs (single-member & multi-member)
- S-Corporations
- C-Corporations
- Partnerships
- Sole proprietors
- Real estate investors (rental, STR, flips)
- E-commerce sellers (Amazon, Shopify, Etsy)
- Consultants, educators, agencies, professional service businesses
Common Problems We Help Solve
- Overpaying taxes due to incorrect structure or missing elections
- Confusion about S-Corp salary and payroll rules
- IRS notices or compliance concerns
- Missing deductions or miscategorized expenses
- Multi-state income/sales tax questions (e-commerce nexus)
- Not knowing how much to pay in quarterly taxes
- Bookkeeping inconsistencies affecting the tax return
If any of these apply, we can help immediately.
How Our Business Tax Process Works
1. Business Tax Review & Fact-Finding
We analyze your entity type, revenue, expenses, payroll, and prior-year filings to identify risks and opportunities.
2. Tax Exposure & Savings Assessment
We pinpoint issues that impact your tax liability, including:
- missed deductions and tax credits
- payroll and reasonable compensation concerns
- multi-state filing obligations
- self-employment tax exposure
- depreciation and asset planning
- potential audit triggers
You receive a clean, actionable assessment.
3. Customized Tax Strategy
We build a plan aligned with your business goals, such as:
- deciding whether and when to elect S-Corp status
- salary optimization for S-Corp owners
- maximizing allowable deductions
- retirement and fringe benefit strategies
- quarterly estimated tax planning
- multi-state allocation and nexus management
4. Compliance & Tax Filing
We prepare or support all required tax filings:
- 1120-S, 1120, 1065, Schedule C
- K-1 preparation
- payroll tax filings (941, W-2, NYS-45)
- sales tax registrations and filings
- estimated tax calculations
- S-Corp or C-Corp elections (Form 2553 / 8832)
You receive clear timelines, documentation requests, and filing dates.
5. Year-Round Monitoring
We adjust your tax plan as laws change, your business grows, or your income shifts—ensuring you remain compliant and tax-efficient.
Why Your Entity Structure Matters
We evaluate whether your current structure supports both your tax and operational needs.
| Feature | LLC | S-Corp | C-Corp | Sole Proprietor | Partnership |
| Taxation | Flexible structure | Avoids double tax | Pays its own corporate tax | Reports income on personal taxes | Files Form 1065 and issues K-1s |
| Best For | default tax treatment may not be optimal without elections | requires payroll compliance and reasonable compensation | may be beneficial for reinvestment or future growth | subject to full self-employment tax | partners cannot receive W-2 wages |
| Business structure | Ownership | Liability | Taxes |
| Sole Proprietorship | One person | Unlimited personal liability | Personal tax only |
| Partnerships | Two or more people | Unlimited personal liability unless structured as a limited partnership | Self-employment tax (except for limited partners) Personal tax |
| Limited Liability Company(LLC) | One or more people | Owners are not personally liable | Self-employment tax Personal tax or corporate tax |
| Corporation – C-Corp | One or more people | Owners are not personally liable | Corporate tax Personal tax on dividend Payroll tax for Salaries |
| Corporation – S-Corp | One or more people, but no more than 100, and all must be U.S. citizens | Owners are not personally liable | Personal tax Payroll tax for Salaries |
What You Receive
- Accurate federal & state business tax filings
- A tailored, proactive tax strategy
- Audit-ready documentation support
- Quarterly planning & compliance reminders
- Clear explanations without jargon
- Year-round CPA-level guidance
Why Choose Ivy Tax & Business Inc.
- CPA-led business tax expertise
- Strategy-first approach, not just form filing
- Clear communication and structured process
- Transparent three-tier pricing model
- Trusted by New York and Long Island business owners across multiple industries
Pricing
We follow a structured three-tier pricing model, based on complexity and level of support.
For business tax return preparation, pricing starts at $1,600.
Final pricing depends on:
- entity type & number of owners
- bookkeeping accuracy and transaction volume
- number of K-1s
- multi-state filing needs
- adjustments or cleanup required
- whether year-round planning is included
All fees are quoted in advance—no surprises.
Frequently Asked Questions About Tax Preparation
Tax Preparation Services FAQ (Q1–Q12)
What tax preparation services does Ivy Tax and Business Inc. provide?
Ivy Tax and Business Inc. provides professional tax preparation services for individuals, self-employed professionals, and businesses. Services include federal and New York State tax returns, business tax filings, multi-state returns, and compliance support.
What is the difference between a tax preparer and a tax accountant?
A tax preparer focuses on preparing and filing tax returns, while a tax accountant provides deeper analysis, compliance oversight, and tax guidance. At Ivy Tax and Business Inc., returns are prepared and reviewed with professional tax expertise.
Who should hire a professional tax accountant for tax preparation?
Individuals with business income, self-employment income, multiple income sources, investments, or prior tax issues should work with a professional tax accountant. Professional preparation helps reduce errors and ensure compliance.
Do you handle both individual and business tax preparation?
Yes. We prepare individual tax returns as well as business tax returns for LLCs, S-Corporations, C-Corporations, and partnerships. Each return is reviewed for accuracy and compliance.
Are tax diagnostics, reviews, or assessments free?
No. Tax diagnostics, reviews, and professional assessments are not free. These services involve detailed analysis and are provided for a professional fee.
Can a tax preparer help with New York State and local taxes?
Yes. We prepare federal, New York State, and applicable local tax returns. Our team ensures filings meet state and city tax requirements.
How do I choose the right online tax filing service for my needs?
Online tax filing software may be suitable for simple tax situations. Individuals with business income, self-employment, or complex filings often benefit from professional tax preparation to ensure accuracy and compliance.
Do you provide tax preparation for self-employed individuals and freelancers?
Yes. We specialize in tax preparation for self-employed individuals, freelancers, and independent contractors, including income reporting, deductions, and estimated tax considerations.
What documents should I bring to my tax preparation appointment?
Common documents include W-2s, 1099s, prior-year tax returns, income and expense records, and bank statements. Additional documents may be requested depending on your situation.
Do you offer in-person tax preparation services in New York?
No. Ivy Tax and Business Inc. maintains an office in Syosset, New York for scheduled client meetings only. We do not offer walk-in tax preparation or same-day, in-office return completion; all tax returns are prepared through our structured review process after documents are received.
Can you help with unfiled or past-due tax returns?
Yes. We assist clients with preparing and filing past-due tax returns. A tax accountant reviews prior filings to help bring clients back into compliance.
How early should I schedule a tax preparation appointment?
Scheduling as early as possible is recommended, especially during tax season. Early scheduling allows sufficient time for review and issue resolution.
How do I get started with tax preparation at Ivy Tax and Business Inc.?
To get started, contact Ivy Tax and Business Inc. to schedule an appointment. We will review your needs, explain the process, and outline applicable fees before proceeding.
What are the pros and cons of using software versus professional tax preparers?
Tax software is generally lower cost and self-guided but offers limited support. Professional tax preparers provide personalized review, accuracy, and compliance oversight for more complex returns.
Where can I find affordable tax preparation services in New York?
Affordable tax preparation services in New York are available through licensed CPA firms and professional tax practices. Pricing varies by complexity, and professional services typically provide greater long-term value.
Legal Disclaimer
As a reliable tax accountant, We provide tax preparation and advisory services.
We are not a law firm and do not provide legal advice.
We can coordinate with your attorney when needed.
~Ivy Tax & Business Inc.
Ready to simplify your business taxes and reduce your tax burden?
A short Business Tax Review helps identify risks, missed deductions, and improvement opportunities.