Tax-Only Business Tax Service

Business Tax Preparation Built Around Planning, Credits, and Well-Supported Filings

TaxCap's Tax-Only service is designed for established businesses that want more than a once-a-year tax return. We combine business tax preparation with scheduled planning reviews, tax-credit evaluation, year-end reconciliation, and organized documentation so your return is prepared from cleaner financial information—and important tax issues can be addressed before filing.

Schedule a Tax Prep Review See What's Included

Annual engagements typically range from $2,500 to $10,000+, depending on business complexity, systems, and planning needs.

TAX

More Than a Tax Return

Preparation + Planning + Documentation

✓ Federal and state business tax return preparation
✓ Mid-year and year-end tax planning reviews
✓ Potential business tax-credit evaluation
✓ Tax-ready reconciliation and year-end adjustments
✓ Structured supporting documentation and workpapers
More Than Tax Preparation

Your Tax Return Should Be the Result of a Year of Good Decisions

A traditional tax-preparation relationship often begins when the year is already over. By then, many financial decisions have already been made. TaxCap's Tax-Only service creates scheduled checkpoints during the year so tax preparation is not treated as an isolated filing project.

01 Payroll and compensation decisions may already be complete.
02 Equipment and capital purchases may already have occurred.
03 Potential tax-credit documentation may be incomplete.
04 Tax estimates and cash-flow planning may not match actual results.
05 Some planning opportunities may no longer be available after year-end.
Who It's For

Built for Established Businesses That Need a More Structured Tax Process

Tax-Only is designed for owners whose financial activity, tax obligations, and business decisions have outgrown basic once-a-year tax preparation.

01

Established Business

Your company has ongoing revenue, employees, contractors, assets, or other financial activity that requires structured review.

02

Pre-Year-End Planning

You want tax exposure and potential planning opportunities reviewed while there may still be time to act.

03

Connected Business Systems

Your financial activity flows through accounting, payroll, POS, payment, or related business systems.

04

Tax Credits Matter

You want potentially applicable credits evaluated and supported rather than discovered casually during filing.

05

Documentation Matters

You value reconciliations, tax workpapers, and supporting records that can be understood later if questions arise.

If you only need a basic year-end return prepared from completed financials, Tax-Only may be more service than you need. If you want preparation, planning, credit review, reconciliation, and documentation working together, this service is built for that.

What's Included

One Annual Tax Engagement. Multiple Financial Checkpoints.

Tax-Only brings preparation, planning, credit evaluation, and year-end reconciliation into one structured engagement.

01

Business Tax Return Preparation

Preparation of applicable federal and state business income tax returns based on reviewed financial information and supporting records.

  • S-Corporations
  • C-Corporations
  • Partnerships
  • Applicable state returns
  • Schedule K-1 reporting when required
02

Mid-Year & Year-End Tax Planning

Two scheduled planning reviews to evaluate taxable income, estimated tax exposure, major transactions, and potential year-end planning considerations.

  • Year-to-date income review
  • Estimated tax position
  • Owner compensation considerations
  • Major purchases & capital expenditures
  • Year-end projection and adjustments
03

Business Tax Credit Review

Review potentially applicable business credits based on your payroll, expenditures, industry, and specific filing circumstances.

  • FICA Tip Credit
  • Applicable SECURE 2.0 employer credits
  • Small Business Health Care Tax Credit
  • Disabled Access Credit
  • Other applicable credits based on eligibility
04

Tax-Ready Reconciliation & Adjustments

Review accounting items that can affect tax accuracy before the business return is finalized.

  • Depreciation & fixed assets
  • Officer or owner expenses
  • Loan balances
  • Payroll reconciliation
  • Balance-sheet review
  • Required tax journal entries
How the Process Works

From Financial Records to a Well-Supported Tax Return

TaxCap follows a structured process designed to connect financial information, tax planning, reconciliation, and return preparation.

1

Connect

Provide access to the accounting, payroll, and financial systems relevant to the engagement.

2

Review

Review prior returns, financial records, business activity, and potential tax issues.

3

Plan

Use mid-year and year-end checkpoints to evaluate tax exposure and potential planning opportunities.

4

Reconcile

Complete required tax adjustments and reconciliations before preparing the return.

5

Prepare & File

Prepare the applicable business tax returns using the reviewed financial information.

6

Document

Organize calculations, credit support, reconciliations, and supporting tax records.

Connected Financial Systems

Better Tax Work Starts With Better Financial Data

Tax preparation becomes more accurate and efficient when TaxCap can review the systems where the underlying financial activity actually occurs. Access is requested only when relevant to the engagement and helps reduce manual data collection, improve reconciliation, and support positions reported on the return.

Accounting System QuickBooks Online or another supported platform for financial review, reconciliation, depreciation, and adjustments.
Payroll Payroll records may support wage reconciliation, officer compensation, payroll-related credits, and other calculations.
POS & Payment Systems Relevant for high-transaction businesses where sales, tips, and payment data may need to be reconciled.
Tax & Document Systems Structured tax-preparation and document workflows help keep returns, planning information, and supporting records organized.
The Difference

Traditional Tax Preparation vs. TaxCap Tax-Only

The difference is not simply how the return is prepared. It is when the tax process begins and how much financial information supports the filing.

Traditional Tax Preparation TaxCap Tax-Only
Often begins near filing season Includes planning checkpoints before year-end
Primarily focused on preparing the return Preparation + planning + reconciliation + documentation
Works mainly from information provided Reviews relevant connected financial systems when needed
Credits may be identified during filing Potential credits are evaluated as part of the structured process
Problems may be discovered after year-end Potential issues can be identified earlier in the engagement
Often one major annual interaction Scheduled planning checkpoints throughout the year
Annual Engagement

Tax-Only Business Tax Service

$2,500–$10,000+

Typical annual engagement range. Final pricing depends on the complexity of the business, quality of financial records, systems involved, and planning requirements.

Pricing

Pricing Based on the Complexity of Your Business

A Tax Prep Review helps TaxCap understand your existing accounting systems, tax situation, filing requirements, and level of work required before recommending an engagement.

Entity type
Number of states
Revenue & transaction volume
Payroll complexity
Accounting cleanup required
Tax credits evaluated
Fixed assets & depreciation
Planning requirements
Is Tax-Only Right for You?

Tax-Only Is Not a Drop-Off Tax Service

TaxCap's Tax-Only practice is designed for business owners who want an ongoing, system-based tax relationship. That also means it may not be the right fit for every business.

× You are only looking for the lowest-cost tax return preparation.
× You prefer to provide documents once per year without planning reviews.
× Your business financial records are not maintained throughout the year.
× You are unwilling to provide access to relevant financial systems when needed.
× Significant bookkeeping cleanup is required but you do not want bookkeeping support.
A More Deliberate Tax Process

Don't Wait Until Filing Season to Find Out What Your Business Should Have Done Differently.

TaxCap's Tax-Only service brings tax preparation, planning, credit evaluation, reconciliation, and documentation into one structured annual process. If your business has outgrown basic tax preparation, schedule a review to see whether Tax-Only is the right fit.

Schedule My Tax Prep Review
For established businesses seeking structured tax preparation, proactive planning, and well-supported filings.