Hassle-Free LLC Tax Filing
LLCs may be easy to manage, but tax season can still bring unexpected complexities especially with foreign ownership.
Nexus works specializes in LLC tax filings, ensuring compliance while maximizing savings and minimizing administrative hassle.
While LLCs offer liability protection and tax flexibility, many entrepreneurs are surprised by the intricacies of filing. That’s where we step in.
With our flat-rate LLC tax return services, you get expert guidance, streamlined compliance and more time to focus on growing your business—all while keeping more money in your pocket.
Tax
Return
Beyond what’s included in your LLC tax return package, certain businesses might require the submission of extra forms, depending on their unique circumstances.
FinCen Beneficial Ownership Report
This is a new government requirement that starts in 2024. It requires the owners or individuals with substantial control over a company be reported to the Financial Crime Enforcement Center. Existing companies have until the end of 2024, but companies registered in 2024 have 30 days to file.
Existing companies have until the end of 2024, but companies registered in 2024 have 30 days to file.
Tax Filing Extension
This is a 6-month extension from the original tax due date of March 15th for multi-member LLCs and April 15th for single-member LLCs.
File Form 7004 before your original due date to request extension
No Need To Be the Middleman
Say goodbye to the endless hours spent shuttling information between your accountant and bookkeeper.
LLC Tax Filing Packages
Company Expenses
$0 to $5k Revenue
$599
For LLC’s in the pre/early revenue stage who want to make sure their tax returns are filed correctly from the start.
- One 1065/1120-S
- Form 5472
- Form 8825
- Form K-1s
- Form 8804
- Form 8805
- State Tax Return
Company Expenses
$5 to $250 Revenue
$999
For LLC’s that have either.
- One 1065/1120-S
- Form 5472
- Form 8825
- Form K-1s
- Form 8804
- Form 8805
- State Tax Return
Company Expenses
$250 to $1m Revenue
$1,400
For LLC’s that have product-market fit and are rapidly growing their operations.
- One 1065/1120-S
- Form 5472
- Form 8825
- Form K-1s
- Form 8804
- Form 8805
- State Tax Return
Company Expenses
$1m+ Revenue
Custom
For LLC’s that have passed the million dollar mark!
- One 1065/1120-S
- Form 5472
- Form 8825
- Form K-1s
- Form 8804
- Form 8805
- State Tax Return
Frequently Asked Question
These FAQs provide a balanced overview of company
services and approaches.
What are the tax benefits of an LLC?
LLCs benefit from pass-through taxation, meaning profits and losses are reported on the owner’s personal tax return, avoiding corporate double taxation. LLCs can also deduct business expenses.
Do LLCs pay federal taxes?
By default, single-member LLCs are taxed as sole proprietors, and multi-member LLCs as partnerships. However, an LLC can elect to be taxed as an S-Corp or C-Corp for tax advantages.
What are the tax filing requirements for an LLC?
- Single-member LLCs file Schedule C (Form 1040) with their personal tax return.
- Multi-member LLCs file Form 1065 and provide Schedule K-1 to members.
- LLCs taxed as S-Corps file Form 1120-S and LLCs taxed as C-Corps file Form 1120.
Can an LLC deduct home office expenses?
Yes, if the home office is used exclusively for business, an LLC can deduct a portion of home-related expenses like rent, utilities, and internet costs.
What state taxes does an LLC have to pay?
State taxes depend on the location. Some states charge LLCs an annual franchise tax, business tax, or require a state income tax return.
What tax deductions can LLCs claim?
LLCs can deduct business expenses like office rent, utilities, payroll, marketing, legal fees, and equipment purchases to lower taxable income.
Why Choose our Tax Services?
Expert Guidance
Our team of certified tax professionals stays current with the latest tax laws and regulations.
Personalized Service
We take the time to understand your unique financial situation and goals.
Year-Round Support
Tax planning isn't just a seasonal activity-we're here for you throughout the year.
