Indiana Business Tax Filing Services for Compliance

That depends on how the LLC is taxed. A single member LLC usually reports on the owner's Form 1040 (Schedule C or E). An LLC with two or more members normally files Form 1065 federally and the Indiana partnership return, IT-65, unless it elected S corporation or C corporation treatment. On top of income taxes, add registrations for sales tax or withholding if you sell taxable goods or have employees, and keep the LLC's business entity report current with the Secretary of State.

Most Indiana businesses deal with some mix of federal income tax, Indiana corporate adjusted gross income tax (for C corporations), sales and use tax, state and county withholding on wages, and state unemployment contributions. Pass through entities file informational returns while the owners pay tax on their share. Which of these apply comes down to your entity, your employees and what you sell, so we start by listing every account you're registered for.

For calendar year businesses, partnership and S corporation returns are due federally on March 15, and C corporation returns on April 15. Indiana's due dates for its own business returns don't always match the federal ones, so check each. Form 941 is quarterly, payroll deposits follow their own monthly or semiweekly schedule, and sales tax and withholding returns are usually monthly. An extension gives you more time to file, not more time to pay.

Yes, it's a big part of what we do. We figure out which years and which returns are missing, rebuild the numbers from bank statements and whatever books exist, and file them accurately. Getting current is usually required before the IRS will grant a payment plan or penalty relief, so we plan the filings around the tax resolution that follows. Estimated or rushed returns tend to cause more trouble later, so we avoid them.

File anyway. The failure to file penalty is much steeper than the failure to pay penalty, and a filed return gives you a firm number to work from. After that, the options include an installment agreement, penalty abatement, Currently Not Collectible status in true hardship cases, and occasionally an Offer in Compromise. If any of the balance is unpaid payroll tax, move quickly, because owners and officers can be held personally liable.

Yes. Our founder is an IRS Enrolled Agent, licensed by the Treasury with unlimited practice rights before the IRS. With a signed Form 2848, the founder can speak with revenue officers, respond to notices, and represent your company in audits, collections and appeals. Being in Maryland doesn't limit that; the authority applies in all 50 states.

We start by lining up every 941 that was filed, the deposits that were actually made and the notices you've received, then compare all of it with your IRS account transcripts. That shows the true gap. From there we file what's missing, talk with the IRS on your behalf and propose a resolution. Trust fund taxes are the IRS's top collection priority, so it's better to act before a Letter 1153 arrives.

Prior federal and Indiana returns, any notices from the IRS or the Indiana Department of Revenue, your bookkeeping file or reports, bank and credit card statements, payroll reports, sales records, formation documents and a list of estimated payments. For late years, bank statements carry most of the weight. The more you send at the start, the fewer surprises later.