Lion Business Services specializes in preparing international Form 1120 and 5472, U.S. Corporation Income Tax Return, for international corporate clients only. Our service is comprehensive and tailored to ensure accurate and compliant tax filings. Priced at $200, this service includes:

• Document Collection and Review: Gathering and analyzing necessary financial documents.
• Income and Deduction Calculation: Ensuring accurate reporting of income and deductions.
• Tax Liability Assessment: Calculating corporate tax liability and potential refunds.
• Compliance and Filing: Verifying adherence to tax laws and e-filing of Form 1120.
• Post-Submission Support: Providing post-filing assistance and record-keeping advice.
• This only apples for simple returns. For more comprehensive returns with higher income declarations, please check out other plans.

Completed Items (✓):

• Articles of Incorporation
• Previous year’s tax return
• Financial statements (Income Statement, Balance Sheet)
• Bank statements
• Gross receipts or sales
• Salaries and wages
• Rent expenses
• Tax deduction expenses
• Calculate taxable income
• Determine federal income tax
• Account for any estimated tax payments
• Check for errors or inconsistencies
• Ensure compliance with tax laws
• Electronically file Form 1120
• Keep a copy of the filed return
• Maintain records for future reference

Items Not Applicable or Needing Attention (✗):

• Dividend income (if not applicable)
• Energy efficient deductions (if not applicable)
• Prepare for immediate audit (unless specifically required)

This service is ideal for small to medium-sized corporations seeking a reliable and cost-effective solution for their tax filing needs. Lion Business Services ensures a thorough and meticulous approach, prioritizing accuracy and compliance to optimize tax outcomes for our clients.