Business and Foundation Tax Services
Operating a business comes with challenges, including maintaining accurate records, complying with tax and information reporting laws, and dealing with regulatory issues. With our education, background, and business knowledge, we can help you deal with some of these challenges so you can focus your attention on running your business and generating profits. We can also help clarify and simplify some of the reporting aspects associated with operating a private foundation or exempt organization.
Cornelius & Davini, LLP, provides the following services for our small business and exempt organization clients: quarterly or annual bookkeeping assistance, preparation of business and foundation tax returns, and compilation and review services.
Business Taxes:
- Form 1065, U.S. Return of Partnership Income, and State Tax Returns
- Form 568, California Return for LLCs, Including Single-Member LLC reporting
- Form 1120, U.S. Corporation Tax return, and State Tax Returns
- Form 1120(S), U.S. Income Tax Return for an S Corporation, and State Tax Returns
- Schedule C, Sole Proprietorship
- Estimated Tax Calculations
- Year-End Planning to Reduce Taxes
- Bookkeeping assistance
Private Foundations / Exempt Organizations:
- Form 990-PF, U.S. Return of a Private Foundation, and Related Business Income and Excise Tax Returns
- Form 990/990-EZ/990-N, U.S. Return of Organization Exempt from Income Tax
- Form 199, California Return of an Exempt Organization
- RRF-1, Annual Report to Attorney General
- Estimated Tax Calculations
- Bookkeeping assistance