Business Entity

Entity choices are one of the biggest reasons people overpay or end up with a messy return. Business Entity guidance is especially helpful when you're making money consistently and you want a structure that fits.

👤Entity selection (LLC vs S-Corp vs C-Corp)

Finding the right structure for your profit level and goals

🏢Business Tax Return Preparation

S-Corp • Partnership • C-Corp • Schedule C

If you're debating LLC vs S-Corp vs C-Corp, you're not alone. The right answer depends on your profit level, your plans, how you pay yourself, and your long-term goals.

We'll walk through:

  • What you're earning now

  • How stable your income is

  • Whether payroll makes sense

  • How the structure affects your personal return

  • What happens if you grow or take on partners

Business owners often find out too late that their return is not “just another form.” Entity tax returns can affect your personal return, your payroll, your estimates, and how clean your books look to a bank.

We prepare:

  • Partnership tax returns (including multi-owner LLCs taxed as partnerships)

  • S-Corporation tax returns

  • C-Corporation tax returns

If you’re in Chicago and you’re growing, a business return should also support the story of your business. It should match your books, match your 1099s, and not trigger avoidable notices.

LLC

S-Corp

C-Corp

✓ Partnership

✓ S-Corp

✓ C-Corp

✓ Multi-owner LLC

Get in touch

Contacts

312-544-9226
tram.le@letaxfirm.com