Corporate & Partnership Taxation
Partnership & Corporate Tax Services
Business Tax Solutions for Corporate Planning and Compliance
Unlock the full potential of your business with Dimov Tax Specialists, where our depth of expertise in partnership and corporate taxes ensures tailored solutions for every challenge. Reach out to us and transform your tax strategy from a mere necessity into a strategic asset for your business’s growth and success.
Speak with a tax specialist now
"*" indicates required fields
We respect your privacy and do not share your information with third parties
- McBean Law Office
Empowering Your Business with
Strategic Corporate Tax Solutions
Corporate tax management is more than just meeting filing deadlines; it involves navigating a complex web of regulations and compliance requirements that can have a significant impact on your business’s financial health.
At George Dimov CPA, we recognize that effective tax planning is a cornerstone of corporate strategy. We work closely with your team to understand your unique needs and integrate tax planning as a strategic function within your business. Our approach focuses on developing comprehensive tax strategies that align with your business goals, providing the expertise and resources you need to manage your tax obligations effectively while driving your business toward success.
For Partnerships
Partnerships are ideal for businesses with more than one owner who have not opted to incorporate as S-Corps or C-Corps. The tax filings for partnerships are reported on Federal Form 1065, along with any applicable state schedules. This entity type automatically arises when an EIN is registered for a business with multiple owners or if an LLC has multiple owners, equity partners, or members.
At Dimov Tax, we provide comprehensive support for partnership tax filings across all 50 states, ensuring that your business meets both federal and state tax requirements efficiently.
For S-Corporations
An S-Corporation (S-Corp) is a designation that allows businesses to enjoy reduced self-employment taxes, which can significantly affect the net income of your company. This designation is not automatic; it requires approval by the IRS following an application. S-Corps file their taxes using Federal Form 1120-S and relevant state schedules.
Our team at Dimov Tax guides you through the application process and ongoing compliance for S-Corps across all 50 states, helping you leverage the tax advantages this structure offers.
For C-Corporations
A C-Corporation (C-Corp) is a separate taxable entity that pays taxes at the corporate level, using Federal Form 1120, along with necessary state schedules. This structure is typically suitable for larger businesses and those planning to have multiple shareholders, including many startups in Delaware. C-Corps are the standard business entity type when you register your EIN as a corporation with the IRS or your state.
With Dimov Tax, you receive expert support for managing the comprehensive tax responsibilities that come with operating a C-Corp, across every state in the U.S.
For LLCs
Navigating the tax requirements for Limited Liability Companies (LLCs) can be intricate, as the tax filings depend on the structure and number of owners involved. For single-member LLCs, taxes are typically reported on Federal Form 1040 Schedule C, which is used for sole proprietorships. In contrast, multi-member LLCs are treated as partnerships for tax purposes and file using Federal Form 1065, unless they choose to be classified differently, such as an S-Corporation or C-Corporation.
At Dimov Tax, we offer robust support for LLCs across all 50 states, ensuring that your business complies with both state and federal tax regulations.
Your Personal and Business Accounting Team
George Dimov
President
Stan Shraybman, MBA, EA
Senior Tax Manager
Bob Liu, CPA
Senior Accountant
Xintian Wang, CPA
Senior Tax Manager
Our Signature Corporate and Partnership Tax Services
Tax Planning and Consultation
Our expert consultants work closely with you to develop strategic tax plans that minimize liabilities and enhance profitability. Whether you're a small startup or a large corporation, our personalized consultation services are designed to meet the unique financial needs of your business entity.
Licensed Support for all 50 States
We have extensive experience in state-specific tax regulations, which allows us to provide expert assistance across all 50 states. This comprehensive coverage ensures that no matter your location, your business’s tax needs are fully managed with the highest level of expertise.
Annual Tax Return Preparation
We provide meticulous tax return preparation services for Partnerships, S-Corporations, C-Corporations, and LLCs, ensuring accuracy and compliance with the latest tax laws. Our goal is to streamline your tax processes, allowing you to focus more on your business operations.
Get award-winning accounting services
We offer strategic discussions on quarterly taxes and insightful advice on business structuring, including potential S-corp conversions and exploring various credits and deductions. For individuals with equity compensation, we provide expert guidance on optimizing your net after-tax income through timely exercises or sales of stocks/options based on your vesting schedule. Reach out today to enhance your business’s financial health with our tailored tax solutions.
Resources From Our Expert Accountants
