Tax return preparation fees for a business will vary greatly depending upon the entity’s structure, complexity, ownership, and level of activity.
The following tables outline the various tax preparation services we provide.
- Foreign-Owned U.S. Disregarded LLC (Form 5472)
- U.S. Return of Partnership Income (Form 1065)
- U.S. Income Tax Return for an S Corporation (Form 1120-S)
- U.S. Income Tax Return for a Corporation (Form 1120)
- U.S. Income Tax Return for a Foreign Corporation (Form 1120-F)
Foreign-Owned U.S. Disregarded LLC (Form 5472)
A non-U.S. person who owns a single-member disregarded LLC in the U.S. is generally required to file a Form 5472 with a proforma Form 1120 to disclose any reportable transactions made during the tax year.
| Forms, Schedules & Attachments | Price (in USD) & Description of Forms |
|---|---|
| Form 5472 (Information on Foreign-Owned U.S. Corporation & Foreign-Owned U.S. DRE), including: – Proforma Form 1120 – Form 5472 – Supporting Statements | Fee: $600 A U.S. business entity that is wholly owned by one foreign person and is classified as a disregarded entity is treated as a reporting corporation for purposes of reporting under IRC Section 6038A and must file the Form 5472 with a proforma Form 1120. |
| Form 7004 (Application for Automatic Extension of Time to File Business Return) | Fee: FREE (included with base fee) Six (6) month extension to file Form 5472 with proforma Form 1120 |
U.S. Return of Partnership Income (Form 1065)
A Form 1065 is generally required for every domestic partnership, including multi-member LLCs, limited partnerships (LP), general partnerships (GP), and limited liability partnerships (LLP).
| Forms, Schedules & Attachments | Price (in USD) & Description of Forms |
|---|---|
| Form 1065 (U.S. Partnership Return), including: – Core Pages 1 through 6 – Schedule B-1 (Information on Partners Owning 50% or More of Partnership) – Schedule K-1’s with Basis Worksheets – Schedule K-2 (Partners’ Distributive Share of International items) – Schedule K-3 (Partner’s Share of Income & Deductions – International) – Schedule D (Disposition of Capital Assets) – Form 1125-A (Cost of Goods Sold) – Form 4562 (Depreciation & Amortization) – Form 8949 (Sales & Dispositions) – Form 8990 (Limits on Business Interest) | Fee: $1,000 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees. The standard Form 1065 return includes pages 1 through 6 (Schedules B, K, L, M-1, & M-2), a Schedule K-1 and basis worksheet for each partner, Schedule K-2 & K-3, and other forms and schedules to report common types of income & expenses. |
| Form 7004 (Application for Automatic Extension of Time to File Business Return) | Fee: FREE (included with base fee) Six (6) month extension to file Form 1065. |
| State Partnership Tax Returns | Fee: $150 per state partnership return Partnerships established in a particular state may require a state partnership return. In addition, partnerships with state-source income in other states may require a nonresident partnership return. View our article here for more information. |
| Form 8825 (Rental Real Estate Income & Expense) | Fee: $100 for all rental real estate activites Reports rental real estate activity from property owned by the partnership directly, or pass-through rental activity from other Schedule K-1s. |
| Forms 8804 & 8805 (Annual Return for Partnership Withholding Tax) | Fee: $200 for Form 8804 & 8805’s for each partner Partnerships with nonresident partners may be required to file Forms 8804 & 8805 to report gross effectively connected income (ECI) and the related U.S. withholding taxes. |
| Forms 1042 & 1042-S (Annual Withholding Tax for U.S. Source Income of Foreign Persons) | Fee: $200 for Form 1042 and all 1042-S for each partner. A U.S. partnership with U.S. source FDAP income allocated to nonresident partners may be required to withholding taxes on those allocations. |
| Schedule M-3 (Net Income or Loss for Certain Partnerships) | Fee: $200 Partnerships with assets exceeding $10 million, or gross income of $35 million, may be required to file Schedule M-3 in lieu of Schedule M-1. |
| Form 5471 (Controlled Foreign Corporation), including: – Core Schedules A, B, C, F, G & I – Schedule E & E-1 (Taxed Paid) – Schedule G-1 (Cost Sharing Arrangement) – Schedule H & H-1 (Current E&P) – Schedule I-1 (GILTI) – Schedule J (Accumulated E&P) – Schedule M (Transactions w/ Related Parties) – Schedule O (Stock Transactions) – Schedule P (Previously Taxed E&P) – Schedule Q (CFC Income by CFC Group) – Schedule R (Distributions) – Form 8992 (GILTI Calculation) – Form 926 (U.S. Transfer of Property to FC) | Fee: $1,200 Discounted rates may apply if the partnership is a Category 1 filer only. The Form 5471 is generally filed to report a U.S. person’s ownership interest in a controlled foreign corporation (CFC). Not every Form 5471 requires the same schedules and attachments. The required schedules will depend upon what category of filer is the U.S. person. |
| Form 8621 (Passive Foreign Investment Company) | Fee: $100 per PFIC If a partnership entity owns stock in a PFIC, the Form 1065 does not include a Form 8621 directly. Information on the PFICs are included as supplemental information with each partners’ Schedule K-1 package. |
| Form 8833 (Treaty Based Return Position) | Fee: $100 Report any treaty-based return positions on certain types of eligible income. |
| Form 8858 (Foreign DRE or Foreign Branch) | Fee: $700 per Form 8858 Report the U.S. partnership’s ownership interest in a foreign disregarded (FDE) entity or branch. |
| Form 8865 (Foreign Partnerhips) | Fee: $700 per Form 8865 Report the U.S. partnership’s ownership interest in a foreign partnership investment. |
| Form 8938 (Statement of Specified Foreign Financial Assets) | Fee: $200 for all accounts Disclose foreign financial assets & foreign bank accounts for the U.S. partnership. |
| FinCEN Form 114 (FBAR) | Fee: $100 for all foreign accounts Report foreign bank accounts and other foreign financial assets held by the U.S. partnership. |
U.S. Income Tax Return for an S Corporation (Form 1120-S)
A U.S. domestic entity which has filed an S corporation election (IRS Form 2553) is taxable as an S corporation for federal tax purposes and must file an annual Form 1120-S each tax year.
| Forms, Schedules & Attachments | Price (in USD) & Description of Forms |
|---|---|
| Form 1120-S (Tax Return for an S Corporation), including: – Core Pages 1 through 5 – Schedule B-1 (Certain Shareholders of an S Corporation) – Schedule K-1’s with Basis Worksheets – Schedule K-2 (Shareholder’s Pro Rata Share Items – International) – Schedule K-3 (Shareholder’s Share of Income & Deductions – International) – Schedule D (Disposition of Capital Assets) – Schedule N (Foreign Operations of U.S. Corporations) – Form 1125-A (Cost of Goods Sold) – Form 1125-E (Officer Information) – Form 4562 (Depreciation & Amortization) – Form 8949 (Sales & Dispositions) – Form 8990 (Limits on Business Interest) | Fee: $1,000 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees. The standard Form 1120-S return includes pages 1 through 5 (Schedules B, K, L, M-1, & M-2), a Schedule K-1 and basis worksheet for each shareholder, Schedules K-2 & K-3, and other forms and schedules to report common types of income & expenses. |
| Form 7004 (Application for Automatic Extension of Time to File Business Return) | Fee: FREE (included with base filing) Six (6) month extension to file Form 1120-S. |
| State S Corporation Returns | Fee: $150 per state return S corporations established in a particular state may require a state partnership return. In addition, S corporations with state-source income in other states may require a nonresident S corporation return. |
| Form 8825 (Rental Real Estate Income & Expense) | Fee: $100 for one Form 8825 to report all activities Reports rental real estate activities from property owned by the S corporation directly, or pass-through rental real estate earnings from other Schedule K-1s. |
| Schedule M-3 (Net Income or Loss for S Corporations with Assets of $10 Million) | Fee: $200 S corporations with assets exceeding $10 million may be required to file Schedule M-3 in lieu of Schedule M-1. |
| Form 5471 (Controlled Foreign Corporation), including: – Core Schedules A, B, C, F, G & I – Schedule E & E-1 (Taxed Paid) – Schedule G-1 (Cost Sharing Arrangement) – Schedule H & H-1 (Current E&P) – Schedule I-1 (GILTI) – Schedule J (Accumulated E&P) – Schedule M (Transactions w/ Related Parties) – Schedule O (Stock Transactions) – Schedule P (Previously Taxed E&P) – Schedule Q (CFC Income by CFC Group) – Schedule R (Distributions) – Form 8992 (GILTI Calculation) – Form 926 (U.S. Transfer of Property to FC) | Fee: $1,200 Discounted rates may apply if the S corporation is a Category 1 filer only. The Form 5471 is generally filed to report a U.S. person’s ownership interest in a controlled foreign corporation (CFC). Not every Form 5471 requires the same schedules and attachments. The required schedules will depend upon what category of filer is the U.S. person. |
| Form 8621 (Passive Foreign Investment Company) | Fee: $100 per PFIC Disclosure of investments in foreign corporations classified as PFICs |
| Form 8833 (Treaty Based Return Position) | Fee: $100 Report any treaty-based return positions on certain types of eligible income. |
| Form 8858 (Foreign DRE or Foreign Branch) | Fee: $700 per Form 8858 Report the S corporation’s ownership interest in a foreign disregarded (FDE) entity or branch. |
| Form 8865 (Foreign Partnerhips) | Fee: $700 per Form 8865 Report the S corporation’s ownership interest in a foreign partnership investment. |
| Form 8938 (Statement of Specified Foreign Financial Assets) | Fee: $200 for all accounts Disclose foreign financial assets & foreign bank accounts for the S corporation. |
| FinCEN Form 114 (FBAR) | Fee: $100 for all foreign accounts Report foreign bank accounts and other foreign financial assets held by the S corporation. |
U.S. Income Tax Return for a Corporation (Form 1120)
A U.S. domestic corporation which has NOT filed an S corporation election is taxable as a corporation and must file an annual Form 1120 each year.
This includes a U.S. limited liability company (LLC) which has filed an election (Form 8832) to be taxed as a corporation.
| Forms, Schedules & Attachments | Price (in USD) & Description of Forms |
|---|---|
| Form 1120 (U.S. Corporation Tax Return), including: – Core Pages 1 through 6 – Schedule B-1 (Certain Shareholders of an S Corporation) – Schedule D (Disposition of Capital Assets) – Schedule G (Information on Persons Owning Corporation’s Voting Stock) – Schedule N (Foreign Operations of U.S. Corporations) – Form 1118 (Foreign Tax Credit) – Form 1125-A (Cost of Goods Sold) – Form 1125-E (Officer Information) – Form 4562 (Depreciation & Amortization) – Form 4626 (Alternative Minimum Tax) – Form 4797 (Sale of Business Assets) – Form 8949 (Sales & Dispositions) – Form 8990 (Limits on Business Interest) | Fee: $1,000 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees. The standard Form 1120 return includes pages 1 through 6 (Schedules C, J, K, L, M-1, & M-2), and other forms and schedules to report common types of income & expenses. |
| Form 7004 (Application for Automatic Extension of Time to File Business Return) | Fee: FREE (included with base filing) Six (6) month extension to file Form 1120. |
| State Corporation Returns | Fee: $200 per state return Corporations established in a particular state may require a state corporation tax return or franchise tax return. In addition, corporations with state-source income in other states may require a nonresident corporation return. |
| Schedule M-3 (Net Income or Loss for Corporations with Assets of $10 Million) | Fee: $250 Corporations with assets exceeding $10 million may be required to file Schedule M-3 in lieu of Schedule M-1. |
| Form 5471 (Controlled Foreign Corporation), including: – Core Schedules A, B, C, F, G & I – Schedule E & E-1 (Taxed Paid) – Schedule G-1 (Cost Sharing Arrangement) – Schedule H & H-1 (Current E&P) – Schedule I-1 (GILTI) – Schedule J (Accumulated E&P) – Schedule M (Transactions w/ Related Parties) – Schedule O (Stock Transactions) – Schedule P (Previously Taxed E&P) – Schedule Q (CFC Income by CFC Group) – Schedule R (Distributions) – Form 8992 (GILTI Calculation) – Form 926 (U.S. Transfer of Property to FC) | Fee: $1,200 Discounted rates may apply if the corporation is a category 1 filer only. The Form 5471 is generally filed to report a U.S. person’s ownership interest in a controlled foreign corporation (CFC). Not every Form 5471 requires the same schedules and attachments. The required schedules will depend upon what category of filer is the U.S. person. |
| Form 5472 (Information on Foreign-Owned U.S. Corporation & Foreign-Owned U.S. DRE) | Fee: $350 per Form 5472 Domestic corporations with non-U.S. shareholders may be required to include a Form 5472 to disclosure non-U.S. ownership and any related party transactions. |
| Form 8993 (Deduction for FDII or GILTI) | Fee: $500 Domestic corporations with the sale of property or services to persons outside of the U.S. may be eligible for an FDDEI deduction. Domestic corporations with an ownership interest in a CFC may be eligible for a deduction related to its GILTI allocation. |
| Form 8621 (Passive Foreign Investment Company) | Fee: $100 per PFIC Disclosure of investments in foreign corporations classified as PFICs |
| Form 8833 (Treaty Based Return Position) | Fee: $100 Report any treaty-based return positions on certain types of eligible income. |
| Form 8858 (Foreign DRE or Foreign Branch) | Fee: $700 per Form 8858 Report the corporation’s ownership interest in a foreign disregarded (FDE) entity or branch. |
| Form 8865 (Foreign Partnerhips) | Fee: $700 per Form 8865 Report the corporation’s ownership interest in a foreign partnership investment. |
| Form 8938 (Statement of Specified Foreign Financial Assets) | Fee: $200 for all foreign accounts Disclose foreign financial assets & foreign bank accounts for the corporation. |
| FinCEN Form 114 (FBAR) | Fee: $100 for all foreign accounts Report foreign bank accounts and other foreign financial assets held by the corporation. |
U.S. Income Tax Return for a Foreign Corporation (Form 1120-F)
A foreign corporation engaged in a U.S. trade or business (USTOB) which generates effectively connected income (ECI) must generally file an annual Form 1120-F each tax year.
Foreign corporations with no USTOB may elect to file a “protective” Form 1120-F tax return.
| Forms, Schedules & Attachments | Price (in USD) & Description of Forms |
|---|---|
| Form 1120-F (U.S. Income Tax Return of a Foreign Corporation), including: – Core Pages 1 through 9 – Schedule D (Disposition of Capital Assets) – Schedule H (Deductions Allocated to ECI) – Schedule I (Interest Expense Allocation) – Schedule M-1 and M-2 (Reconciliation of Income and Retained Earnings ) – Schedule N (Foreign Operations of U.S. Corporations) – Schedule P (List of Foreign Partner’s Interests in Partnerships) – Form 1118 (Foreign Tax Credit) – Form 1125-A (Cost of Goods Sold) – Form 1125-E (Officer Information) – Form 4562 (Depreciation & Amortization) – Form 4797 (Sale of Business Assets) – Form 8949 (Sales & Dispositions) | Fee: $1,500 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees. Reduced fee of $300 available for a foreign corporation filing Form 1120-F as a protective tax return only. The standard Form 1120-F return includes pages 1 through 9 (Schedules C, J, L, W), and other forms and schedules to report common types of income & expenses. |
| Form 7004 (Application for Automatic Extension of Time to File Business Return) | Fee: FREE (included with base filing) Six (6) month extension to file Form 1120-F |
| Form SS-4 (Application for EIN) | Fee: $200 A foreign corporation must have a valid EIN in order to file Form 1120-F. If the corporation does not have an existing EIN, we can assist with the application. |
| State Corporation Returns | Fee: $200 per additional state return Foreign corporations operating within certain states, or with state-source income, may require a state corporation tax return. |
| Form 5472 (Information on Foreign-Owned U.S. Corporation & Foreign-Owned U.S. DRE) | Fee: $350 per Form 5472 Foreign corporations that are engaged in a USTOB may be required to include a Form 5472 to disclosure related party transactions. |
| Schedule M-3 (Net Income Reconciliation for Corporations with Assets of $10 million) | Fee: $350 Foreign corporations with assets of $10 million or more may be required to file additional information with Schedule M-3 |
| Form 8833 (Treaty Based Return Position) | Fee: $100 Report any treaty-based return positions on income. |
