SD Associates, P.C. CPAs
Tax Services for S Corps, C Corps, & Partnerships
Experience The SD Difference
S Corps, C Corps, Partnerships
At SD Associates, P.C., we are a tax services firm that specializes in helping businesses of all sizes with their corporate taxes. We offer a variety of tax services for S corporations, C corporations, and partnerships in Bucks County, Montgomery County, Philadelphia, and the surrounding areas. Our goal is to provide our clients with the best possible service and advice, so they can save money on their taxes and avoid any penalties.
We have a team of experienced tax professionals who are knowledgeable in all areas of corporate tax law, so we can help your business with everything from filing your annual return to handling an audit. We also offer consultations to all new clients, so you can get to know us and see how we can help your business maximize its cash flow. Contact our team at SD Associates, P.C. today to schedule your consultation or to speak with one of our financial experts.
There are many benefits to hiring a professional tax service like SD Associates, P.C., especially if you have a complex business structure like an S corporation, C corporation, or partnership. Our team of experts can help you save money on your taxes, avoid penalties, and maximize your cash flow. We will work with you to develop a personalized tax strategy that meets your unique needs, so you can focus on running your business.
Some of the specific benefits of our services include:
What are the types of businesses?
All businesses are placed into categories depending on their legal structure. The most common business structures are S corporations, and C corporations, partnerships, sole proprietorships, limited liability companies (LLCs).
S corporations are businesses that have elected to be taxed as a corporation, but they are not subject to the same tax rules as C corporations. For federal tax purposes, S corps pass their income, losses, credits, and deductions to their shareholders. Any shareholder in an S corps has to report the business’s profit and losses on their individual tax returns, and they are taxed based on their individual income. In this way, S corps can actually avoid the double taxation placed on other corporations. However, S corps are limited to 100 shareholders and can only have one stock class.
C corporations are the most common type of corporation, and they are taxed separately from their shareholders. This means that C corps are subject to double taxation: first on the corporate level when the business earns income, and again on the shareholder level when dividends are paid out. In general, C corps have more flexibility than S corps in terms of ownership and can have an unlimited number of shareholders. They can also have multiple stock classes.
A partnership is a business that is owned and operated by two or more people. Partnerships can be either general partnerships or limited partnerships. General partnerships are when all partners are equally liable for the debts and obligations of the business. Limited partnerships are when there is at least one partner who is not liable for the debts and obligations of the business.
Unparalleled service: There’s a reason our accounting firm is the best kept secret in the tri-state area. Our full-service accounting firm offers the varied services associated with a large company, but is still small enough to provide personalized tax services for S corps, C corps, and partnerships in Bucks County, Montgomery County, Philadelphia, and the surrounding areas.
High professional standards: We have been reviewed by the Pennsylvania Institute of Certified Public Accountants for quality control, and our work has received the highest possible rankings.
SD Associates, P.C. follows all of the American Institute of Certified Public Accountants (AICPA) auditing standards, guidelines, rules and regulations.
Wide client base: No matter what your business or profession, we have the experience and knowledge to help with your S corps, C corps, or partnership’s tax services. We have served large corporations and small businesses alike, with clients including charter schools, legal offices, and medical practices etc.
Personalized service: When you work with SD Associates, P.C., you can expect to receive the highest quality of service and attention. We take the time to get to know our clients and their businesses, so we can provide tailored advice and recommendations.
Accessibility: We strive to make ourselves accessible to our clients when they need us most. Our team promptly responds to all emails, and we are always available for a phone call if you need advice or have a question.
SD Associates, P.C. provides professional tax services for S corps, C corps, and partnerships. Our service areas include, but are not limited to:
If you’re searching for the best tax services in Montgomery County, Bucks County, or Philadelphia for your S corps, C corps, or partnership, you can depend on SD Associates, P.C. With over 35 years of experience, our team has the knowledge and expertise to help you with all your tax needs. We have worked with a wide variety of businesses in multiple industries, so you can be sure that we have the experience to handle your specific situation. Contact us today to schedule a consultation. We look forward to working with you!
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