Accelerate your Growth with MicahGuru Formations
A Solution to Simplify Filing US Corporate Taxes
An accountant dedicated solely to you
Finishing your accounts and tax returns
Fully remote and secure tax filing
Automatic alerts to your email for important deadlines
We’re With You Every Step of The Way
You’ve finally got a financial solution that can help you regain more time and gain greater visibility into your financials.
Dedicated accountant
The accountant assigned to you will provide guidance and support throughout the process.
Tax-saving techniques
We examine your circumstances to identify every potential tax credit and deduction for your business.
Fast turnaround times
Our advanced tech and expert tax team will help you file quickly, ensuring that you never miss a deadline.
Fully remote tax filing
Working with us is made easy through the convenience of online document-sharing, communication, and e-filing
100% Compliant. Guaranteed.
If an audit were to occur, we would fully support and defend our work, as we stand behind it.
Prices to fit your needs
Startups to Enterprise…we’ve got you covered
Growing Tax Package
MOST POPULAR
$299 / one-time in year
This package is for companies in the pre-revenue (annual revenue/expenses of $30,000 or less) stage who want to make sure their tax returns are filed correctly from the beginning.
To qualify for the Small Business Tax Return, your gross business revenue and expenses must each be less than $30,000 for the tax year – not net or retained income.
What’s Included in your package
US Owner Single Member LLC:
- Preparation of Form 1040
- Preparation of Schedule C & Other Relevant Forms
- E-Filing (If Applicable)
- One State Income Tax Filing (if applicable).
Non-Resident Alien – Single Member LLC:
- Preparation of Form 1040
- Preparation of Schedule C & Other Relevant Forms
- Preparation of Form 1120 or 1120-S
- Preparation of Form 5472 (Foreign owners report)
- E-Filing (If Applicable)
- One State Income Tax Filing (if applicable).
C-Corp, Multi Member LLC / Partnership Entity:
- Preparation of Form 1065
- Preparation of Schedule K-1s for up to four members
- E-Filing Federal Tax Return
- One State Income Tax Filing (if applicable).
*Please note this is the starting price for corporate tax preparation. For additional forms and more complex tax situations, additional feesmay apply.
Established Tax Package
$699 / one-time in year
This package is best suited for businesses that are building out rapidly and generating annual revenue/expenses of $100,000 or more.
Our Established corporate tax package includes the preparations of Form 1120 –Federal C-Corp filing or Form 1120-S for S-Corporations, one State tax return if required, and the preparation of Form 5472 for companies with foreign ownership.
What’s Included in your package
US Owner Single Member LLC:
- Preparation of Form 1040
- Preparation of Schedule C & Other Relevant Forms
- E-Filing (If Applicable)
- One State Income Tax Filing (if applicable).
Non-Resident Alien – Single Member LLC:
- Preparation of Form 1040
- Preparation of Schedule C & Other Relevant Forms
- Preparation of Form 1120 or 1120-S
- Preparation of Form 5472 (Foreign owners report)
- E-Filing (If Applicable)
- One State Income Tax Filing (if applicable).
C-Corp, Multi Member LLC / Partnership Entity:
- Preparation of Form 1065
- Preparation of Schedule K-1s for up to four members
- E-Filing Federal Tax Return
- One State Income Tax Filing (if applicable).
*Please note this is the starting price for corporate tax preparation. For additional forms and more complex tax situations, additional fees may apply.
Take taxes off your plate and off your mind
Tax Return Package Selection
Online Form & Payment
Meeting with Accountant
Tax Filing Assistance
Manage Your Billing Securely
FAQs About Tax Returns
Do I need to file taxes if I did not make any money?
To answer the question briefly, you are required by the Internal Revenue Service (IRS) to file tax returns for each year that your business was active, regardless of whether you received any payments or incurred any expenses.
What makes Micahguru Formations a better choice than other tax preparation services for small businesses and startups?
Micahguru Formations understands how challenging it can be for small businesses and their owners to navigate the labyrinthine US tax system. We help founders streamline the filing process by providing a simple, paperless alternative, and we’ll make sure you get every credit or deduction that’s legally due!
What is the penalty for not meeting the US tax filing deadline for an LLC?
If you either forget to file or are late in filing Form 5472 and Form 1120 as a Foreign-Owned Single-Member LLC, you will be fined $25,000 by the IRS.
What is the deadline for paying US Federal Government taxes?
The deadline for paying US Federal Government taxes depends on the type of tax and the specific circumstances of the taxpayer. If you want to learn more about deadlines for paying taxes to the US federal government, check out this guide to Tax Key Due Dates in the US!
You are not required to pay state income taxes if your company is registered in one of the following states: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, Tennessee, or New Hampshire. This is due to the fact that requirements for each state vary.
What topics are open for discussion during the consultation?
During a consultation call, you can discuss a wide range of topics such as tax strategy, IRS letter clarification, fund raising, and more. It is an excellent opportunity to speak with a tax expert.
How will I be taxed if I have no physical presence in the US?
If your U.S. corporation is at least 25% owned by a foreign entity or person, then you are required to file Form 5472 and Form 1120. These forms will report any business you had that was involved in US Trade or Business and inform you of your income tax liability. However, if you do not have a physical presence in the U.S., such as being in the U.S., having employees in the U.S., or having a physical office in the U.S., and are only an online business, then you will only need to make an informational filing in the U.S. and will not need to pay U.S. income taxes. You will only pay income taxes in your home country.
Tax Expert consultation at no cost
To start your journey towards meeting your objectives, schedule a consultation. Micahguru Formations can provide guidance and assistance whether you are establishing a startup, seeking funding, or preparing for an acquisition.
