Entity choice

Northline Tax Advisors PLLC advises on entity choice, including whether an S corporation election fits, for owners in Seattle, Washington.

A written comparison of how the business is taxed now and how it would be taxed as an LLC, an S corporation or a partnership.

What this covers

How a business is organized decides which return it files, which dates apply and how its owners are paid. Changing the structure can lower the tax bill, and it can also add payroll, a second return and new deadlines.

We model your numbers under each option and write down the result, including the costs that come with it. You decide with the full picture.

How it works

  1. A review of the last two returns and this year's profit
  2. A side-by-side model of the options that apply
  3. A written summary and a call to go through it
  4. If you change structure, the elections and filings, with the new dates added to your calendar

Questions owners ask

When does an S corporation election make sense?

It depends on profit, owner pay and state rules. We run the numbers for your business before recommending anything, and sometimes the answer is to stay as you are.

Other work we do

  1. Small business tax

    Federal and Washington returns for sole proprietors, LLCs, S corporations and partnerships, with each estimated payment calculated before it is due.

    Quarterly and yearly
  2. Owner tax returns

    The personal return that sits on top of the business: wages, pass-through income, rentals and investments, filed together.

    Yearly
  3. Tax notices

    Send us the letter. We read it, tell you what it says and what, if anything, is due.

    As they arrive
  4. Bookkeeping cleanup

    Catch up missed months, sort uncategorized transactions and reconcile the accounts, ready for the return.

    One-time, then monthly

Talk to Northline Tax Advisors

(206) 555-0148
Office
2200 Example Avenue, Suite 310, Seattle, WA 98121
Replies
We reply within one business day, and within two in busy season.
Hours
Mon to Fri, 9:00 AM to 5:00 PM. Busy season, February 1 to April 15: open Saturdays 9:00 AM to 1:00 PM by appointment. Replies may take up to two business days.