S-Corp & C-Corp Tax Filing
Expert Form 1120-S and 1120 preparation with K-1s, reasonable compensation, and year-end planning
Why Choose This
Corporate tax returns require precision, compliance expertise, and strategic planning. WeSaveTax's business tax professionals prepare your S-Corp or C-Corp return, issue K-1s to shareholders, analyse reasonable compensation, and implement year-end strategies to minimise your overall tax burden — so you can focus on running your business.
Form 1120-S & 1120 Filing
We prepare complete corporate tax returns — Form 1120-S for S-Corporations and Form 1120 for C-Corporations — with all required schedules, ensuring accuracy and compliance with federal and state tax laws.
K-1 Preparation
We prepare Schedule K-1s for all shareholders and partners, accurately allocating income, deductions, credits, and distributions so each owner can correctly report their share on their personal return.
Reasonable Compensation
For S-Corp owners, we analyse and recommend a reasonable compensation amount that satisfies IRS requirements while optimising the split between salary and distributions to minimise payroll taxes.
Year-End Tax Planning
We provide proactive year-end planning including depreciation strategies (Section 179, bonus depreciation), retirement plan contributions, and timing of income and expenses to reduce your corporate tax liability.
How It Works
From first consultation to final delivery — fully managed by qualified Tax Professionals.
Step 01 — Share Financials
Upload financial statements and prior returns
Send us your profit and loss statement, balance sheet, bank statements, payroll records, and prior year tax returns. We provide a tailored document checklist for S-Corps and C-Corps.
Feature Deep Dive
Everything you need for seamless compliance
S-Corporation Tax Return
We prepare Form 1120-S with all required schedules including Schedule K (shareholders' share of income), Schedule L (balance sheet), Schedule M-1 (income reconciliation), and Schedule M-2 (AAA and retained earnings analysis).
C-Corporation Tax Return
We prepare Form 1120 with complete income, deduction, and credit schedules, including estimated tax calculations, accumulated earnings analysis, and any required state corporate income tax returns.
Shareholder Basis Tracking
We maintain and update each shareholder's stock and debt basis, ensuring losses are properly limited and distributions are correctly characterised as non-taxable return of capital or taxable dividends.
Multi-State Apportionment
If your corporation operates in multiple states, we calculate income apportionment using each state's formula (sales, payroll, and property factors) and prepare all required state corporate returns with proper nexus analysis.
WeSaveTax vs Others
See how we compare on what matters most
| Feature | WeSaveTax | Freelancer | DIY / Self |
|---|---|---|---|
| Expert Corporate Filing | Self | Varies | |
| K-1 Preparation | Self | ||
| Reasonable Compensation Analysis | Extra Cost | ||
| Depreciation Strategy | Partial | ||
| NOL Tracking | Varies | ||
| Pricing | From $799 | $1,500+ | $999+ |
What Our Customers Say
Join thousands of happy taxpayers across India
“WeSaveTax has been filing my S-Corp return for two years now. Their reasonable compensation analysis is thorough and defensible, and the K-1s are always ready well before the March deadline. Excellent service.”
James Patterson
Dallas, TX
“We operate our C-Corp in three states and the multi-state filing was seamless. WeSaveTax handled all the apportionment calculations and state returns. Saved us from hiring a much more expensive big-four firm.”
Samantha Lee
Atlanta, GA
“Switched from doing my S-Corp return with a local CPA to WeSaveTax and the difference in quality is noticeable. They caught depreciation I was missing on equipment and the year-end planning session was incredibly valuable.”
Daniel Moreno
Phoenix, AZ
Frequently Asked Questions
Quick answers to common questions
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