Spanish-speaking service · In person in Austin and virtual
At Taxes Positivos, we prepare tax returns for businesses based on their structure and tax classification. We review your financial information, identify the requirements for your case and explain the result to you before filing.
Types of tax returns
Not every business files the same return. Before we start, we review how your business is organized and how it is taxed.
Preparation of Form 1065 and the related schedules, including Schedule K-1 when applicable.
Preparation of Form 1120-S and the related schedules based on the information of the business and its shareholders.
Preparation of Form 1120 and the schedules that apply to the corporation's activity and situation.
We review its tax classification to determine how the activity should be reported and which service you need.
You do not need to know the name of the form to contact us. We can start by reviewing your formation documents, tax elections and prior tax returns.
Scope of the preparation
Review of the structure and tax classification based on the available documents.
Review of the accounting information and the documents provided.
Preparation of the federal tax return and the schedules included in the contracted service.
Review of the tax treatment of income, expenses and assets based on the available information.
Preparation of Schedule K-1 when applicable.
Explanation of the result and the next steps.
Electronic filing when applicable, with the required authorization.
A copy of the filed tax return.
The scope and cost are confirmed before we start. Tax preparation does not automatically include bookkeeping, accounting reconstruction, state tax returns or other additional services.
Work process
1. We get to know your business
You tell us the year you need to file, the business activity and how its taxes have been filed before.
2. We review the requirements and give you a quote
We identify the documents needed, the state of the books and the scope of the service.
3. We prepare the tax return
We work with the information provided and ask you for any clarifications needed.
4. You review and authorize
We explain the result and file as applicable, with your authorization.
State of your books
To prepare the tax return, we need complete and organized financial information. If your bookkeeping is behind, has discrepancies or you do not have reports yet, let us know before we start.
We can review your reports and request the documents needed to quote the preparation.
First, we review the pending accounting work and explain whether you need an additional service before we prepare the tax return.
Organizing or reconstructing your books is quoted separately.
Documents
The requirements vary by business. This list will help you get started:
Formation documents and EIN confirmation.
Prior tax return, if any.
Tax election documents, when applicable.
Information on partners or shareholders and changes in ownership.
Income statement and balance sheet.
Details of assets, equipment purchases and loans.
Information on owner contributions and distributions.
Payroll reports and information returns, when applicable.
Information on the states where the business operates.
IRS or state agency notices related to the period.
We will tell you which documents apply to your case and whether we need additional information.
To protect your information, do not send tax documents, ID documents or bank information through this form or WhatsApp. We will tell you the right channel.
Additional services
Ask about these services separately. Whether you need them and their scope depend on your case.
Organizing and maintaining your business's financial records.
Review of pending periods or possible corrections to filed tax returns.
Guidance on state returns and reports, including Texas franchise tax when applicable.
Learn about the scope of our service for your business's sales tax obligations.
Trust
At Taxes Positivos, we serve you in Spanish and explain the requirements, the scope of the work and the result of your tax return. Our goal is for you to have clarity throughout the process.
Guidance and consultations
15 minutes to learn what your business needs
Tell us about your situation and we will guide you to the right service and how to get started.
This call is for information only. Document review and specific guidance are provided in a consultation.
45 minutes of personalized service
Review your situation with our team, get your questions answered and receive guidance on the next steps for your business.
See availability and bookFrequently asked questions
No. The tax return depends on factors such as the number of owners and the tax classification. We review your business's documents before determining the service you need.
Yes. Start by sharing which documents you have and we will tell you which ones we need to review.
Having no income does not automatically remove your obligations. We need to review your business's structure, activity and federal and state obligations.
First, we need to review the state of your records. If you need bookkeeping organization or reconstruction, we will explain that service and its cost separately.
Not automatically. Personal tax returns are contracted separately. If the activity is reported on your personal tax return, we will tell you the right service.
Not automatically. We will confirm in writing which tax returns and services are included in your quote.
The price depends on the type of tax return, the complexity of the transactions and the state of the books. We will tell you the cost before we start.
Yes. We will tell you how to share the documents and complete the process virtually.
Form
Leave us your information and a brief description of what you need. Our team will contact you to explain how to get started.
Prefer to write to us? Open the WhatsApp chat.
Learn about our personal tax return preparation service.
See personal taxes
