Partnership Returns

Form 1065 returns for operating partnerships, real estate funds and multi member LLCs, with accurate partner allocations.

Scope

What we do

Convert the trial balance to tax basis and prepare book to tax adjustments
Maintain partner capital accounts and prepare Schedules K-1
Prepare Schedules K-2 and K-3 where international information is required
Prepare Forms 8865 and 8858 where the partnership holds foreign interests
Track basis, at risk and section 704(c) information from the partnership agreement
Prepare composite and withholding returns for nonresident partners

What your firm keeps

Your firm reviews the return, signs as the paid preparer, files it and keeps the client relationship.

How it starts

Access, checklists and security are written down before volume arrives.

A conversation
We learn what your firm needs, which software you run and how your review works.
A trial piece of work
We complete a small, real piece of work so your reviewers can judge the quality for themselves.
Onboarding
Access, security, checklists and communication are set up and written down before volume arrives.

Form 1120-S returns with shareholder basis tracking, reasonable compensation notes and state pass through entity elections.

Form 1120 returns for closely held and venture backed corporations, including consolidated groups and foreign owned companies.

Form 1040 returns from simple wage returns to multi schedule households with rental, business, investment and K-1 income.

Start a conversation

Start with a conversation and a small trial piece of real work. Your reviewers judge the quality before anything else is agreed.