Small Business Tax Experts
for the Austin Metro

Running a business is complex. Managing the taxes shouldn’t be. We serve self-employed professionals, LLCs, S-Corps, partnerships, and C-Corps throughout Austin, Taylor, Hutto, Pflugerville, Round Rock, and Georgetown. We do more than file your return. We strategically plan your taxes to keep more of what you earn and position your business for growth.

Deductions That Add Up

Every deduction matters. These are the ones we focus on for our business clients. Each one reduces what you owe.

Home Office Deduction

Work from home? Deduct your office space. Choose simplified method ($5/sq ft, max 300 sq ft) or actual expenses (rent, utilities, insurance portion). Critical for solopreneurs and consultants.

Equipment Depreciation

Write off business equipment, vehicles, technology, and tools over multiple years. Spread major purchases across their useful life and reduce taxable income annually.

Augusta Rule

Combine business travel with vacation time. Hotel, flight, and ground transportation are deductible when primary purpose is business. Meals are 50% deductible.

Health Insurance Premiums

Self-employed? Your health insurance premiums are fully deductible. This is one of the largest deductions available and significantly reduces your taxable income.

Retirement Contributions

Max out SEP IRA, Solo 401k, or SIMPLE IRA contributions. Reduce taxable income while building retirement savings. Limits vary by income and entity type.

Vehicle & Mileage Deductions

Track business mileage at standard rate ($0.67/mile in 2024) or deduct actual expenses (depreciation, fuel, maintenance). Easier than you think when tracked properly.

Marketing & Advertising

Website costs, social media ads, business cards, branding, and promotional materials are fully deductible. Every dollar you spend to grow your business counts.

Professional Services

Legal, accounting, consulting, and bookkeeping fees tied to your business are fully deductible. These often pay for themselves through tax savings we identify.

Meals & Entertainment

Business meals and client entertainment are 50% deductible. Keep receipts and document business purpose. Lunches with team members and client dinners add up fast.

Payroll & Bookkeeping Services

As your business grows, payroll becomes critical. We offer easy-to-use payroll services that are accurate, on-time, and fully compliant with federal and Texas tax law. Clean, accurate bookkeeping makes tax time seamless and gives you clear visibility into your business performance.

payroll and bookkeeping services

S-Corp or LLC? We Help You Decide

The right entity structure can save you thousands annually. Most self-employed with $60k+ profit benefit from S-Corp election. We model your specific situation and recommend the structure that minimizes your tax bill while protecting your assets.

entity structure

Business Tax Services FAQs

Pricing varies based on complexity, bookkeeping accuracy, and the number of entities or income sources. Here’s a general guide:

Business Returns (S-Corp, Partnership, C-Corp, Trust):

  •   Sales under $1 million: $1,000 – $2,000
  •   Sales $1 million – $5 million: $1,500 – $3,000
  •   Sales $5 million to $10 million: $3,000 – $5,000
  •   Sales over $10 million: $5,000+ (custom quote)

Factors that affect pricing: Number of entities, complexity of income sources, quality of bookkeeping records, number of deductions to research, and whether you need strategic planning beyond return preparation.

An LLC is an entity type that separates personal and business assets. An S-Corp and C-Corp are tax elections. Most self-employed choose LLC taxed as S-Corp (saves 15% on self-employment taxes). We help you choose the structure that minimizes your specific tax bill.

Usually when your net business income exceeds $60,000. S-Corp election can save 15% on self-employment taxes, often worth $5,000+ annually. You must pay yourself a reasonable W-2 salary first. We model your situation to show exact savings.

Any ordinary and necessary business expense. Office supplies, equipment, marketing, utilities (home office portion), vehicle mileage, professional services, insurance, meals with clients (50%), travel, education, software subscriptions. Keep all receipts.

Yes, if used regularly and exclusively for business. Use simplified method ($5/sq ft, max 300 sq ft) or actual expenses (rent, utilities, insurance portion). Home office deduction is critical for solopreneurs and consultants.

Two methods: standard mileage rate (2024: $0.67/mile, simple and popular) or actual expenses (depreciation, fuel, maintenance, insurance). Track mileage carefully. Standard method is easier for most business owners.

Losses reduce your personal income tax, lowering your overall bill. However, passive loss limitations apply to rentals and some investments. We strategically use losses to maximize your tax benefit.

If you expect to owe $1,000+ in taxes, yes. Quarterly payments (Jan, Apr, Jun, Sep) avoid penalties. We calculate the correct amount based on year-to-date income and adjust as needed.

Keep receipts, invoices, mileage logs, and bank statements for at least 3 years (7 for certain items). Digital or paper both work. Good bookkeeping makes tax time easy and supports any IRS audit.

Schedule C reports business income and expenses on your personal tax return. It shows profit or loss, which becomes your taxable income. Filed with your 1040.

Yes. Business travel (hotels, flights, ground transportation) is deductible. Meals are 50% deductible. The Augusta Rule lets you combine business with vacation if primary purpose is business.

Business TAX Deduction List

Do You Deduct These?

  • Home office expenses (rent, utilities, or a dedicated workspace percentage)
  • Vehicle costs or business mileage
  • Tools, equipment, and machinery purchases
  • Software licenses, apps, and recurring subscriptions
  • Fees paid to accountants, attorneys, and consultants
  • Client and team meal costs
  • Out-of-town business trips and lodging
  • Day-to-day office and workspace supplies
  • Coverage premiums (general liability, health, workers’ comp)
  • Contributions to retirement and pension plans
  • Courses, certifications, and skills training
  • Promotion, ads, and marketing spend