Business Tax Preparation in Woodland Hills - Business and Personal Returns, Prepared Together
Business tax preparation Woodland Hills owners can hand off completely: your 1120-S, 1065, or Schedule C – and the personal return it flows into – prepared by the senior advisor who also builds your quarterly estimated payments and books your November review. Flat fee quoted in writing before work starts.
Prefer to talk today? Call (818) 297-4579.
CTEC-Registered Tax Preparer · Authorized IRS e-File Provider · QuickBooks Certified ProAdvisor · ★ 5.0 client rating on Yelp
- "My business made real money this year and my taxes suddenly feel like guesswork."
- "I have an S corp (or everyone says I should) and I want it handled by someone who does these all day."
- "My bookkeeper, my preparer, and my structure don't know the other two exist."
If one of those is you, keep reading - the next section is exactly what the fee covers.
Business tax preparation Woodland Hills - what the flat fee includes
One engagement, one number, no add-on menu. Every item below is inside the quote - not an upsell waiting to happen.
- Business and personal returns, prepared together. Your 1120-S, 1065, or Schedule C and the 1040 it flows into - one engagement, one financial story - not split across a business accountant and a personal one.
- All four quarterly estimated payments, delivered with your return. Federal and California, on California's real 30/40/0/30 schedule rather than four equal payments - safe-harbor amounts calculated from the return we just finished, so they hold no matter how the year goes. If your year runs materially different, send your year-to-date profit any quarter and we re-run the number before the deadline, at no charge.
- Year-round strategy, built in. Your S corp salary is reviewed and set for the current year, not inherited from whenever it was last touched. Retirement contributions are sized while there's still time to fund them. And in November we run a year-end projection together - because most tax money is lost between May and December, not in April. Planning a large purchase before then? Call first and we'll tell you which tax year it belongs in. That call is free, like every other one.
- Extensions with a real payment estimate. An extension moves the paperwork deadline, not the payment - so when we file one, it comes with a calculated voucher - no surprise balance due in April.
- IRS and FTB notice review for returns we prepared. Plain-English explanation and a response plan. If a matter ever needs representation we can't provide, you'll get a straight referral to a trusted EA or CPA.
Bookkeeping and entity work live in their own lanes - bookkeeping services and business setup and entity selection - and plug into this one when you want them to.
A tax year with us, quarter by quarter
Q1
January-April
1099s go out, last year's books close, and both returns get prepared - together. You get all four estimated payments at delivery - federal and California, with California's real 30/40/0/30 schedule rather than four equal payments. Your S corp salary is set for the year, and any retirement contribution is sized while it can still be funded. File in April or extend with a calculated payment; either way, no surprises.
Q2
May-June
Your June 15 payment is already in hand. If the year is running well off last year's - a contract landed, a client left, you sold something - send your year-to-date profit and we'll re-run the number before the deadline. No charge, and no need to wait for us to ask.
Q3
July-September
Extended returns get finished, not remembered in October. The September federal payment is already scheduled; California takes nothing this quarter, which surprises almost everyone. Same standing offer: if the year has moved, tell us and we re-run it.
Q4
October-December
The money quarter, and the one we book in advance. A scheduled year-end review: we project where the year lands, size retirement contributions, time any equipment purchase into the right tax year, true up the S corp salary if payroll ran short, and adjust January's payment. Most tax money is lost between May and December - this is the call where the flat fee earns itself.
Behind on quarterly estimated taxes - or never started? Most Woodland Hills self-employed clients arrive mid-year with a gap; we recalculate, set the catch-up voucher, and the panic ends there. Start with the free consultation →
The full 2026 calendar - federal and California, by filer type - is on the deadlines page.
S corp tax preparation for California businesses
S corp returns are where preparation and strategy stop being separable. The 1120-S is the easy part - the judgment lives in the reasonable salary (set once in 2023 and never revisited is the most expensive kind of autopilot), the payroll-to-books-to-return consistency the IRS actually checks, and the K-1 that has to land correctly on your personal return. That judgment comes out of hundreds of entity returns, and it goes into every engagement here. The work runs remotely end to end - most of our S corp clients are elsewhere in California, on video calls and a secure portal.
Searching for an S corp tax accountant in California and comparing options? Ask any candidate two questions: how many 1120-S returns did you personally prepare last year, and when did you last set a client's salary for the current year rather than inherit last year's? The titles matter less than the reps.
Not an S corp yet - or not sure you should be? Entity selection consulting and business setup →
Want the math first? Run the LLC vs S corp calculator →
Flat fees, quoted before we start
You approve one written number after the free consultation - and that's the number you pay. Scope changes mid-year? The quote changes before the work does, never after.
Add bookkeeping and the return is built on books we already trust - which is also what keeps it at the bottom of its range.
The advisor who signs your return
Every return on this page is prepared and signed by Amid Kobakival, TrueArc's founder - more than a decade in tax and accounting, including training at Crowe LLP, a top-10 U.S. accounting firm, preparing and reviewing returns across every major entity type. Your return never lands with a seasonal preparer hired for filing season, none of it is prepared offshore, and replies come quickly all year.
CTEC-Registered Tax Preparer · Authorized IRS e-file Provider · QuickBooks Certified ProAdvisor, Levels 1 & 2 · B.A. Economics, UCLA
★ 5.0 client rating on Yelp - read our reviews →
Business tax preparation questions, answered straight
What do you need from me to prepare my business tax return?
Last year’s business and personal returns, access to your books (QuickBooks invite, exports, or the spreadsheet – whatever exists), payroll reports if you run an S corp salary, and any 1099s, W-2s, and mortgage or brokerage forms for the personal side. First year in business, add your formation documents and EIN letter. Bring it in whatever state it’s in – organizing it is part of the job.
Does filing a business tax extension mean penalties or a higher audit risk?
Neither, if it’s done right. An extension moves your filing deadline, not your payment deadline, which is why ours always includes a calculated payment voucher rather than a guess. Federally that is September 15 for S corps and partnerships and October 15 for personal returns. California is not identical: Form 100S gets six months to September 15, but a partnership or a multi-member LLC gets seven, so California Forms 565 and 568 run to October 15. There’s no audit-risk penalty for extending; the expensive mistake is extending without paying, and that’s the part we do the math on. The full mechanics – what California grants automatically, whose date October 15 actually is, and what late filing costs in each jurisdiction – are on the extension page.
How do you calculate quarterly estimated taxes - and why is my current voucher always wrong?
Most preparers hand over four identical federal vouchers and ignore California’s schedule entirely. Yours are calculated from the return we just finished – safe-harbor amounts that protect you from underpayment penalty however the year turns out – and split across California’s uneven schedule, which front-loads 30%/40%/0%/30% and surprises almost everyone. If the year runs materially different from last year, send your year-to-date profit any quarter and we re-run the number before the deadline, at no charge. On a bookkeeping engagement we recalculate every quarter without you asking, because the books are already in front of us.
I haven't paid any estimated taxes this year. How bad is it?
Less bad than you may have heard. Underpayment penalties are interest-based, not catastrophic, and safe-harbor rules (paying in 100-110% of last year’s tax) often cap the damage. The math is fixable from wherever you are in the year – the only version that gets genuinely expensive is the one where you keep not looking. Bring your rough numbers to a free consultation and we’ll size it in fifteen minutes.
Can you prepare just my business return if my personal return is with someone else?
Yes – and we’ll take the engagement if it genuinely makes sense. But we’ll also tell you what it costs you: retirement contributions, estimated payments, and the QBI deduction all live in the seam between the two returns, and two preparers each see half the picture. Most clients who start split consolidate within a year. Either way, the choice stays yours – nobody gets upsold on a 15-minute call.
My income jumped this year. Is there anything to do before December 31?
Yes – and December is the deadline that matters most. Retirement contributions, equipment purchases, an S corp salary adjustment, even the decision to become an S corp for next year: all of it works better with weeks of runway than with none. A strong year found in April is a bill; found in October, it’s a plan.
Bring last year's return. Leave with a flat-fee quote.
Fifteen minutes, video or phone. We'll look at last year's return and this year's rough numbers, tell you whether your estimates and structure are on track - and if working together makes sense, you'll have your exact flat fee in writing before we hang up. If your current setup is actually fine, you'll hear that too.
Or call (818) 297-4579 · email contact@truearctax.com
Evening slots available during busy season.