S Corp Tax Preparation in San Diego, CA
Form 1120-S and California Form 100S prepared with the owner-level details that most S corp returns get wrong: salary, basis and distributions.
- CPA-led team
- Tax preparation and CFO planning in one place
- Built for $1M to $30M companies
In San Diego
- Primary ZIP codes: 92037, 92093, 92101, 92102, 92103, 92104 and more
- Part of our S corp tax preparation service across San Diego County
- CPA-reviewed work
- Fixed scope agreed in writing
S corp tax preparation for San Diego companies
Scalesight prepares S corporation returns for San Diego professional firms, contractors, restaurants, tech companies and family businesses. We start with reconciled books and a review of officer pay and distributions.
We prepare Form 1120-S, California Form 100S and each shareholder's K-1, and when you want it, the owners' personal returns too.
San Diego is the county seat and its economic center, with 1,386,932 residents at the 2020 Census. The largest sectors of the city's economy are defense and the military, tourism, international trade, and research and manufacturing. The city's own financial report lists Naval Base San Diego, UC San Diego, Sharp HealthCare, Scripps Health and Qualcomm among its largest employers.
San Diego S corp issues we handle often
- Professional services firms Downtown and in University City setting a defensible reasonable salary.
- Contractors and manufacturers in Kearny Mesa and Otay Mesa with large federal depreciation.
- Multi-owner companies with buy-sell agreements, ownership changes or uneven distributions.
- Owners deciding each year whether to elect California's PTE elective tax.
What is included
- Federal Form 1120-S and shareholder Schedule K-1s
- California Form 100S and the 1.5 percent franchise tax, with the $800 minimum
- Reasonable compensation review for shareholder-employees
- Shareholder stock and debt basis tracking, year over year
- Treatment of health insurance premiums for more-than-2-percent shareholders
- Accountable plan setup for reimbursed owner expenses
San Diego specifics
Every business operating inside city limits needs a City of San Diego Business Tax Certificate, renewed annually, in addition to state registrations. Sales tax rates inside the city differ from some neighboring cities because of district taxes, so multi-location retailers and restaurants should confirm the CDTFA rate for each address.
California recognizes the federal S election but still taxes the corporation itself at 1.5 percent of net income, with an $800 minimum franchise tax. That entity-level tax belongs in any comparison between S corporation and LLC or partnership treatment.
ZIP codes we serve in San Diego
- 92037
- 92093
- 92101
- 92102
- 92103
- 92104
- 92105
- 92106
- 92107
- 92108
- 92109
- 92110
- 92111
- 92113
- 92114
- 92115
- 92116
- 92117
- 92119
- 92120
- 92121
- 92122
- 92123
- 92124
- 92126
- 92127
- 92128
- 92129
- 92130
- 92131
- 92134
- 92136
- 92139
- 92140
- 92145
- 92154
- 92161
- 92173
- 92182
Related services
- Fractional CFO Services in San Diego, CA
- Business Tax Preparation in San Diego, CA
- Small Business Accountant in San Diego, CA
- Tax Planning for Business Owners in San Diego, CA
- Partnership Tax Preparation in San Diego, CA
- LLC Tax Preparation in San Diego, CA
- Personal Tax Preparation in San Diego, CA
- All CPA services in San Diego
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How to get started
Apply
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Growth Audit
A CPA reviews your statements, cash flow and tax approach.
Written plan
You get an action plan and, if we are a fit, a fixed scope in writing.
Execute
Monthly close, tax planning and CFO reviews on a set calendar.
Why owners choose Scalesight
Meet Brendan. He is the face of Scalesight CPA and the voice in our short videos. Every Growth Audit is CPA-led and ends with a written plan you can use with or without us.
CPA-led
Tax preparation, books and CFO work are led and reviewed by a CPA, not handed to a call center.
Built for $1M to $30M
Our process is designed for owner-led companies that have outgrown a basic tax preparer.
One team
The people who close your books also plan your taxes and prepare your returns, so nothing gets lost between firms.
Fixed scope in writing
You know what is included and what it costs before work starts.
S corp tax preparation questions from San Diego owners
When is our S corporation return due?
March 15 for calendar-year companies. We aim to deliver K-1s early so owners can file their personal returns on time.
What is the California S corporation tax?
1.5 percent of net income with an $800 minimum, paid by the corporation, in addition to the tax shareholders pay on their K-1 income.
Do you track shareholder basis?
Yes. Basis determines whether losses can be deducted and whether distributions are taxable, so we keep a schedule for each shareholder.
Talk with a CPA about S corp tax preparation in San Diego
Start with a free Growth Audit and get a written plan.
- Financial health review of recent statements and trends
- Cash flow and profitability analysis
- Review of your current tax approach
- Scalability readiness scorecard
- A written action plan you can use with or without us