Stress-Free S-Corp Tax Preparation in Houston
Unlock the full potential of your S-Election. From determining “reasonable compensation” to filing Form 1120-S on time, trust Molen & Associates to ensure compliance and maximize your savings.
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Fill out the form and our team will contact you as soon as possible to discuss your S-Corp tax return.
Strategic S-Corp Tax Services from a Trusted Local Firm
Managing an S-Corporation offers significant tax benefits, but it also brings a new layer of complexity. At Molen & Associates, we understand that filing Form 1120-S is just one piece of the puzzle. With over 40 years of experience, we ensure your business tax return is handled correctly—generating accurate Schedule K-1s for all shareholders and meeting the critical March 15th filing deadline.
One of the biggest challenges for S-Corp owners is determining “reasonable compensation.” Get it wrong, and you face IRS scrutiny; get it right, and you unlock massive savings. We guide you through payroll requirements and profit distributions, ensuring you stay compliant while maximizing the tax advantages that made you choose an S-Corp in the first place.
Essential Tips for S-Corp Tax Preparation in Houston
Looking for expert help with your S-Corporation tax preparation needs? Look no further than Molen & Associates. Our team of experienced accountants and tax experts understand the complex tax requirements and regulations that come with running an S-Corporation, and we are committed to delivering accurate, reliable results every time.
With over 40 years of experience and in-depth knowledge of S-Corporation tax law, we can help you navigate the complexities of this type of business structure. Whether you need assistance preparing your taxes or dealing with IRS issues, we have the expertise and resources needed to get the job done quickly and effectively.
So if you’re looking for a trusted partner to help with all your S-Corporation tax preparation needs, look no further than Molen & Associates. We’ll work tirelessly to ensure that you get the most from your business, so contact us today to learn more about how we can help!
What is an S-Corp?
An S Corporation is a specialized business structure that provides significant tax advantages and personal asset protection for small business owners. By following specific tax code rules, this entity allows entrepreneurs to save money while ensuring their personal property remains secure.
Benefits of Electing S Corporation Status
Choosing S Corporation status offers several advantages:
- Pass-Through Taxation: Profits and losses are reported on shareholders’ personal tax returns, avoiding corporate income tax.
- Limited Liability Protection: Shareholders are typically not personally responsible for business debts and liabilities.
- Self-Employment Tax Savings: Only salaries (not distributions) are subject to self-employment taxes.
Credibility: Operating as an S Corp can enhance credibility with customers, vendors, and potential investors.
How We Can Help Lower Your Tax Bill With an S-Corporation
At Molen & Associates, we specialize in helping small businesses lower their overall tax liability. If you are currently filing as an LLC or Schedule C, we can help you save money by using an S-Corporation. Learn more here.
If you are a new business or are new to Molen & Associates, call us at 281-440-6279 to schedule a complimentary “Needs Analysis” with one of our account managers.
Additionally, as an S-Corp owner, we’ll work with you to make sure you’re taking advantage of all the deductions and credits available to you as an S-Corp owner. We’ll also help you prepare your return so that you can be confident it’s accurate and complete before you file.
If you’re thinking of forming an S-Corp, or if you already have one, you’ll need to know how to prepare your taxes. That’s where Molen & Associates comes in. We’re experts in S-Corp tax preparation and we can help you every step of the way.
Filing Requirements for S Corporations
Annual Tax Filing Obligations
S Corporations must file an annual tax return using Form 1120-S. This form reports the corporation’s income, deductions, gains, and losses. Additionally, each shareholder receives a Schedule K-1, detailing their share of the corporation’s income, which they must report on their personal tax returns.
What’s Included in Professional S Corporation Tax Preparation?
At Molen & Associates, our S Corporation tax preparation services are built to simplify the process while ensuring full IRS compliance.
Here’s what you can expect when we handle your return:
✅ Accurate Form 1120-S Filing & S Corporation Tax Preparation in Houston, TX
If you’re a small business owner in Houston, Texas, our team at Molen & Associates can help you prepare your S-Corp tax return and take advantage of all the deductions and credits available to you. Contact us today to learn more about how we can help lower your overall tax liability. We look forward to hearing from you soon!
✅ Shareholder Schedule K-1s
We generate detailed Schedule K-1s for each shareholder, outlining their share of income, deductions, and credits.
✅ Reasonable Compensation Guidance
We’ll help you determine and document a reasonable salary for S Corp officers—one of the most important (and most audited) elements of an S Corporation return.
✅ Tax Planning Support
Our team provides personalized strategies to minimize your tax burden, from maximizing deductions to understanding the tax implications of distributions.
✅ Year-Round Support
Unlike seasonal tax chains, Molen & Associates is available all year long to answer questions and support your business growth.
Why Choose Molen & Associates for Your S-Corp Return?
Expert Guidance on "Reasonable Compensation"
The biggest risk for S-Corps is the IRS requirement for officer compensation. We don’t just file forms; we help you determine the optimal salary-to-distribution split. This ensures you stay compliant while legally maximizing the self-employment tax savings that made you choose an S-Corp in the first place.
Year-Round Support for Payroll & Deadlines
S-Corp taxes don’t start in April—they generally have an earlier filing deadline (March 15th) and require ongoing payroll management. We are available all year to answer questions about withholding, estimated taxes, and distributions, ensuring your business never misses a critical corporate deadline.
Transparent Corporate Pricing
Corporate tax returns can be costly, but with us, there are no surprises. We offer transparent, value-based pricing based on the complexity of your Form 1120-S, not an hourly clock. You’ll know exactly what your business is investing before we start work.
What You Can Expect
Maximized Tax Savings
We ensure your S-Corporation is doing exactly what it was designed to do—save you money. We thoroughly analyze your payroll-to-distribution ratio to ensure you are legally minimizing self-employment taxes while satisfying IRS “reasonable compensation” requirements.
Streamlined K-1 Processing
The corporate return is just the beginning. We ensure that accurate Schedule K-1s are prepared promptly for all shareholders. This allows everyone involved to file their personal returns on time without the headache of delays, corrections, or miscommunication.
Compliance & Deadline Management
S-Corps face tighter deadlines (March 15th) and unique scrutiny regarding officer wages. We keep your business compliant with federal and state regulations, ensuring you never miss a filing date or face penalties for improper payroll reporting.
Who We Serve
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Self-Employed & Side Hustlers
Realtors, law enforcement, rideshare drivers, and anyone with 1099 income—this is our specialty. We’ll help you track expenses, reduce taxes, and stay compliant.
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Small Business Owners
From LLCs to S Corps, we’ve filed thousands of business returns. We know the difference between a missed deduction and a strategic tax plan—and we’re here to make sure you get the latter.
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W-2 Employees with Complex Returns
Have investment income, rental properties, or stock options? We’ll guide you through what applies and ensure it’s all reported accurately.
What Makes Molen & Associates Different?
We Treat You Like Family
You’re not a file number—you’re a person with goals, responsibilities, and a life you care about. We take the time to understand your story and tailor our advice accordingly.
We Educate, Not Just Calculate
We explain why we’re doing what we’re doing. Expect clear, plain-English explanations—not tax code gibberish.
Year-Round Support
Tax questions don’t start and end in April. You’ll have access to our team all year long, with no extra charge for emails or quick calls.
Proven Track Record
With over 10,000 tax returns filed and a 98% client satisfaction rating, we’ve helped save Houston taxpayers over thousands. Our Google reviews say it all—clients trust us with their returns year after year.
See What Our Clients Say
Don’t just take our word for it—watch real business owners share their experience
Frequently Asked Questions
Get clear answers to common questions about our tax preparation services.
When is my S-Corp tax return due?
Unlike personal tax returns, S-Corporation returns (Form 1120-S) are generally due on
What is "Reasonable Compensation" and why does the IRS care about it?
This is the most critical rule for S-Corp owners. The IRS requires that you pay yourself a W-2 salary that is “reasonable” for the work you perform before you take any profit distributions. If you take all your money as distributions to avoid payroll taxes, you risk an audit and significant penalties. Molen & Associates helps you determine the right salary balance to satisfy the IRS while maximizing your tax savings.
Does my S-Corporation pay income tax directly?
Generally, no. An S-Corp is a “pass-through” entity. This means the business itself does not pay federal income tax. Instead, the profits (or losses) are passed through to the shareholders. You will receive a Schedule K-1 at the end of the year, which reports your share of the income, and you will pay the tax on your individual personal return.
Why would I choose to be taxed as an S-Corp instead of a regular LLC?
Can I deduct my health insurance premiums through my S-Corp?
Yes, but specific rules apply. For shareholders owning more than 2% of the company, the health insurance premiums paid by the business must be included as wages on your W-2 (Subject to income tax but usually exempt from Social Security/Medicare taxes). You then take a deduction for it on your personal return. We ensure this is reported correctly so you don’t lose the deduction.
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Why Choose Molen & Associates?
Professional tax preparation that delivers real results for Houston residents and businesses.
Maximize Deductions
We identify every eligible deduction to ensure you pay the lowest amount legally possible.
Save Time
Let our experts handle the complexity while you focus on what matters most.
Audit Protection
Rest easy knowing your return is prepared accurately. We can even help with full audit support.
Personalized Service
Work directly with experienced Advisors who understand your unique situation.
Year-Round Support
Access to tax professionals whenever you need guidance, not just during tax season.
Proven Expertise
Decades of experience serving Houston residents and businesses. We’re just a phone call away!
Request an Appointment Today
Fill out the form and our team will contact you as soon as possible.
Ready to File with Confidence?
Tax season doesn’t have to be stressful. Whether you’re filing for the first time, managing a complex return, or just tired of doing it alone—our team is ready to help.
Let Molen & Associates take tax prep off your plate—so you can focus on what matters most.
