Business Tax Preparation & Planning - Serving Clients Nationwide

Comprehensive Tax Solutions for Every Business

From sole proprietors to multi-state corporations, Precision Accounting provides accurate, compliant, and strategic business tax services for clients across the United States. Based in Ladysmith, WI, our CPA-led team works with LLCs, partnerships, S-Corps, C-Corps, and other entities to ensure federal and state tax filings are completed on time and in line with your goals. Whether you're filing in one state or several, we help you reduce your tax burden and stay compliant year-round.

Tax Preparation for Businesses

We prepare annual business tax returns for every entity type, including:

01.

Sole proprietors (Schedule C)

02.

Partnerships (Form 1065)

03.

S-Corporations (Form 1120S)

04.

C-Corporations (Form 1120)

05.

Not For Profit (Form 990)

Our services also include payroll tax filings, sales/use tax reporting, depreciation schedules, and inventory accounting for tax purposes. We understand industry-specific deductions and compliance requirements, making us a trusted partner for businesses of all sizes.

Strategic Tax Planning

Taxes don't have to be a once-a-year stressor. We work with you year-round to:


  • Advise on the best business structure for tax efficiency (LLC, S-Corp, etc.)

  • Plan the timing of income & expenses for optimal results

  • Identify deductions for equipment, vehicles, and other business investments

  • Set up and manage retirement plans for owners & employees

  • Calculate quarterly estimated taxes to avoid penalties

By taking a proactive approach, we help you keep more of what you earn.

New Business & Entity Selection

If you're launching a new venture-or thinking about changing your current business structure-we can guide you through entity selection for the best tax outcome. From LLC vs. S-Corp considerations to registration and accounting system setup, our expertise ensures you start on solid footing. Learn more about Business Setup & Entity Selection.

Compliance & Representation

Should your business receive an IRS or state tax notice, we can represent you directly to resolve the issue. We handle audits, payment plan negotiations, and other compliance concerns, so you can stay focused on running your business. Visit our IRS Representation  page for more details.

Common Questions About Business Tax Prep

  • What's the difference between an LLC and an S-Corp for taxes?

    We recommend gathering W-2s, 1099s, previous year returns, receipts for deductions, and any tax-related statements. Our worksheet on the Resources page can guide you.

  • Can you help with quarterly estimated taxes?

    Independent, tailored portfolios, consistent with your risk profile, designed to grow over time and provide ongoing income to support your lifestyle

  • Do you file tax extensions or amended returns?

    We can file both as needed to ensure accuracy and compliance.

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Who We Serve

We've partnered with a wide range of businesses nationwide, including:


  • Retail shops & e-commerce sellers
  • Construction companies & contractors
  • Professional service firms
  • Farms & agricultural operations
  • Non-profits and community organizations


No matter your industry, we adapt our approach to your specific needs.

Ready to Minimize Your Business Taxes?

Taxes are one of the biggest expenses for any business-let's make sure you're not paying more than you need to. Contact us today to schedule your business tax planning session.

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