DELANEY & CO. CPA
Expert Tax Planning and Preparation Services
DeLaney & Co. CPA prepares business tax returns for sole proprietors, LLCs, corporations (Form 1120), S corporations (Form 1120S), partnerships (Form 1065) and non-profits (Form 990) from our office at 1707 Lancaster Newark Road NE in Lancaster, Ohio. We also handle Ohio municipal net profit returns, including RITA and CCA filings, and represent clients on IRS and Ohio Department of Taxation notices. Call 740-653-7301.
DELANEY & CO. CPA offers comprehensive tax planning and preparation services designed to meet the unique needs of individuals and businesses alike. Our firm stays constantly updated on the ever-changing tax laws to ensure we provide the most effective strategies for our clients.
DeLaney & Co. CPA
Why Trust DeLaney & Co. CPA for Your Tax Needs?
- Up-to-date tax law expertise. In the dynamic world of tax regulations, our team remains vigilant and informed. This knowledge allows us to identify the best tax-saving opportunities for you while ensuring full compliance with IRS statutes.
- Commitment to minimizing liabilities. Our goal is to minimize your tax liabilities while maximizing your future opportunities. We understand the importance of strategic tax planning for your financial health.
- Services tailored to businesses. We specialize in a variety of business tax services to cater to different organizational structures:
- Sole proprietors & limited liability companies
- Corporations (Form 1120)
- S corporations (Form 1120S)
- Partnerships (Form 1065)
- Non-profits (Form 990)
Customized Solutions for Every Client
At DELANEY & CO. CPA, we believe that every client deserves a personalized approach. Whether you are a small business owner, a non-profit organization, or a large corporation, we tailor our services to meet your specific needs. Our team works closely with you to understand your financial goals and develops strategies that align with your aspirations.
Ready to optimize your tax strategy?
Don't navigate the complexities of tax planning and preparation alone. Contact us today to learn how we can assist in minimizing your tax liabilities and paving the way for your financial success.
Returns and filings we handle for business clients
Most business owners come to us with more than one filing obligation. These are the ones we take on year to year.
- Federal entity returns. Form 1120 for C corporations, 1120S for S corporations, 1065 for partnerships and multi-member LLCs, 990 for non-profits, and Schedule C or Schedule F carried onto the owner’s personal return for sole proprietors and single-member LLCs.
- Owner and shareholder reporting. Schedule K-1 preparation for every partner, member or shareholder, coordinated with the personal returns we prepare so the two agree.
- Ohio and municipal filings. Ohio pass-through entity and commercial activity filings where they apply, plus municipal net profit returns for Lancaster and surrounding jurisdictions, including RITA and CCA.
- Payroll and contractor reporting. Quarterly payroll tax filings, W-2s and 1099s through PAYROLLSAFE, our in-house payroll division.
- Back returns and agency notices. Unfiled prior-year business returns, and correspondence with the IRS and the Ohio Department of Taxation on your behalf.
- Year-round planning. Entity selection, reasonable compensation for S corporation owners, depreciation and asset purchase timing, and estimated payment planning — decisions that are far cheaper to make before year end than after.
DeLaney & Co. CPA
Business tax questions we hear most
What business entity types do you prepare returns for?
Sole proprietors and single-member LLCs (Schedule C), multi-member LLCs and partnerships (Form 1065), C corporations (Form 1120), S corporations (Form 1120S) and non-profit organizations (Form 990). If you are not sure which applies to you, bring your formation documents and we will sort it out.
When are business tax returns due?
Partnership and S corporation returns are generally due March 15, and C corporation and non-profit returns on the fifteenth day of the fourth or fifth month after year end depending on the entity and fiscal year. Extensions are available, but tax owed is still due on the original date.
Do you file municipal and RITA net profit returns?
Yes. Ohio businesses often owe municipal net profit tax in more than one jurisdiction, and we prepare those filings, including RITA and CCA, alongside the federal and state returns.
Can you handle my payroll and my business return together?
Yes. PAYROLLSAFE is our in-house payroll division, so quarterly payroll tax filings, W-2s and 1099s can be handled by the same firm that prepares your return. See our payroll services.
What if my books are behind or I have unfiled returns?
We prepare unfiled prior-year business returns and can bring your bookkeeping current first if needed. Bring whatever records you have — bank statements and a rough picture are enough to start.
Should my LLC elect S corporation status?
It depends on your profit level, how much you take as owner compensation, and your plans for the business. It saves some owners meaningful self-employment tax and costs others in added filing complexity. We will run the numbers on your actual figures before recommending it.
Do you work with our bookkeeper or accounting software?
Yes. Our QuickBooks Pro advisors work with clients on-site or off-site, and we are glad to coordinate with an in-house bookkeeper. We also offer full accounting and bookkeeping services if you would rather hand it off.
How do I get started?
Call 740-653-7301 or use our contact page. Bring last year’s return, your formation documents and your current-year financials, and we will tell you what else we need.
DeLaney & Co. CPA
you're with family
We take a personal approach and work alongside our clients to offer them the best service possible.