Form 1120S
Expertise in Navigating S-Corp
Benefits and Requirements
At Pulito Consulting Group, we specialize in helping small businesses leverage the multiple advantages offered by S-Corporations. We understand that as a business owner, your time and resources are precious, and we’re here to help you maximize both.
The Power of S-Corporations
Choosing to file as an S-Corp using Form 1120-S can provide substantial benefits to your business. Whether you're a sole proprietor or managing a closely held family business, an S-Corp can offer significant tax savings and operational flexibility. Some of the notable benefits include:
- Savings on self-employment tax
- Flexible retirement plans
- Self-employed health insurance options
- Vehicle deductions
Simplifying Complex Tax Forms
While the Form 1120-S itself may initially seem straightforward, its complexity can increase based on factors such as the nature of your business and any prior corporate structures. At Pulito Consulting Group, we provide expert guidance to help you navigate:
- Differences between selling tangible items and professional services.
- Transition complexities from a C Corporation to an S-Corporation, including the use of Form 2553
- Tax consequences related to distributions and dividends
Tailored Solutions for Your Business Needs
Our team is dedicated to offering personalized recommendations that suit your unique business circumstances. We help you avoid potential pitfalls and ensure you make the most of the S-Corp structure, so you can focus on what you do best—growing your business
Pulito Consulting Group is committed to being your strategic partner in navigating the complex landscape of business taxation and entity structuring.
Connect With Our Team
Have questions or need assistance? Our dedicated team is here to help you navigate your financial needs—reach out to us today!
