Your 1120S Tax Return, prepared in Drake and filed direct with the IRS.

What you get.

Your federal Form 1120S is professionally prepared and e-filed, with a Schedule K-1 provided for each shareholder and securely delivered to their SmartVault folder. Our S Corp filing services include one state filing with apportionment. For businesses operating in multiple states, including those requiring a Missouri Form 1120S or an Indiana S Corporation tax return, we'll add the necessary returns and confirm the cost before work begins.

Every 1120S also includes a reasonable-compensation review. We compare your salary with your distributions and flag any imbalance that could raise questions with the IRS. This simple review can help prevent costly tax issues later.

The deadline.

Form 1120S is generally due March 15 for calendar-year S-Corporations, with the deadline moving to the next business day when March 15 falls on a weekend or legal holiday. The late-filing penalty is charged per shareholder, per month, so a two-shareholder S-Corp that files three months late can face a significant penalty for a return that could have been filed on time.

Send us a complete document set by February 15, and we'll have your return filed comfortably before the deadline. We prepare California S Corporation tax returns and support S-Corp filings for businesses in multiple states. If you bundle monthly bookkeeping with us, your books are already closed, and we can often file in early March.

Need an Indiana 1120S or another state filing? We can help coordinate the required state tax filings alongside your federal Form 1120S.

Can't make the deadline? We can file Form 7004 for an automatic extension. For most eligible S corporations, the extension gives you six additional months to file. Keep in mind that an extension moves the filing date, not the payment date, so we'll discuss any estimated tax payment at the same time.

How it works.

1. Upload your prior-year return, trial balance or QBO/Xero access, year-end bank and card statements, payroll summaries, and shareholder details to SmartVault.
2. A named preparer drafts your 1120S and K-1s in Drake Tax.
3. A second preparer reviews the return before it leaves the firm.
4. You get the draft and a one-page summary, sign Form 8879 electronically, and we e-file the same day.

What we'll need.

• Prior-year tax return
• Trial balance, or access to QuickBooks Online / Xero
• Bank and credit-card statements through year-end
• Payroll summaries and owner-compensation details
• Shareholder K-1 information
• Records of any asset purchases, sales, or loans during the year

SmartVault builds you a personalized checklist after intake, so you're never guessing what's left.