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Ensure accurate and timely tax filing with KRIB TAX. Our expert tax return services maximize refunds, minimize liabilities, and keep you fully compliant.
Business & Personal

Tax Return

Make tax filing effortless with KRIB TAX!
Our expert team ensures timely, accurate services that maximize your deductions and minimize your liabilities, all while staying compliant with the law. Trust us to simplify your tax experience!
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Included:
Federal 1040 filings
One W-2 forms
Filing Status Single, no dependents
Standard Deduction
$128
Full-time or part-time
W-2 employee
from
Salaried Employee
from
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Included:
+Self-employed options
+QBI Qualified Business Income
+Corporate K-1
$217
Designed for LLC owners to manage taxes
Simple Business
from
Included:
+Salaried Employee options
+Form 1095 (Health Insurance)
+QBI Qualified Business Income
+One Business/Professional Activity
$147
Freelancer, independent contractor, etc
Self-employed
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2024 TAX FILING PLANS FOR INDIVIDUALS

TAX CALCULATOR
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Included:
+Schedule C (Form 1040)
+Self-Employment Tax Calculation (Schedule SE) – If applicable.
from
$200
Taxed as Sole Proprietor
- Schedule C
Single-Member LLC
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Included:
+Form 1120-S (S-Corp & C-Corp Tax Return)
+Corporate K-1
+Form 2553 (Election for S-Corp Status)
$800
For C-Corporations
& S-Corporations
Corporations
from
from
Included:
+Form 1065 (Partnership Tax Return)
+K-1s for Each Partner
$400
Multi-Member LLC &
General Partnerships
Multi-Member LLC
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2024 TAX PREPARATON FOR BUSINESS

📌 What You Need to Bring for Tax Filing
To prepare and file your tax return, business owners must provide the necessary tax declarations from their LLCs, S-Corps, C-Corps, or Partnerships.

These include:
✔ K-1 Forms – Required for S-Corps, Partnerships, and Multi-Member LLCs to report each owner’s share of income. and Multi-Member LLCs to report the owner’s share of income.
✔ Prior Year’s Business Tax Return – Forms 1120 (C-Corp), 1120-S (S-Corp), or 1065 (Partnerships/LLCs) for reference and consistency.
✔ Income and Expense Reports – Profit & Loss Statements, Balance Sheets, and general business financials.
✔ 1099s, W-2s, and Payroll Reports – Employee and contractor payment documentation.
✔ Estimated Tax Payments (if applicable) – Proof of quarterly tax payments to avoid IRS penalties.

These documents allow us to prepare and file your tax return accurately, ensuring compliance with IRS regulations while maximizing deductions.
📌 Don't have a Business Tax Declaration?
Choose Our Business Tax Preparation Service First.

If your LLC or Corporation has not yet filed its business tax return, you must complete it before filing your personal or individual tax return.

✔ Step 1: File Your Business Tax Return
Our Business Tax Preparation service ensures your LLC, S-Corp, or C-Corp tax return is completed accurately and complies with IRS requirements.
We handle all forms, including 1120, 1120-S, and 1065, and ensure any K-1s are generated for shareholders or partners.

✔ Step 2: Proceed with Your Individual Tax Filing
Once your business taxes are filed, we can seamlessly prepare your tax return (Form 1040), incorporating your K-1, W-2, 1099, and any other applicable documents.

By following this structured approach, we ensure your business and personal tax filings are done correctly and efficiently, minimizing IRS risks and maximizing potential deductions.
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Benefits of Professional Tax Return Services
Filing taxes can be complex and time-consuming, but professional tax return services ensure accuracy, compliance, and maximum savings.
Here’s why outsourcing your tax return filing is beneficial:

✔ Maximized Deductions & Credits – Identify every eligible tax break to reduce liabilities.
✔ Error-Free & IRS Compliance – Avoid costly mistakes and potential audits with expert preparation.
✔ Time Savings – Eliminate the stress of tax calculations and paperwork.
✔ Personalized Tax Strategies – Tailored tax planning to optimize savings for individuals and businesses.
✔ Faster Refund Processing – Ensure a smooth and quick refund by filing correctly and on time.
✔ State & Federal Tax Filing – Manage all tax obligations in one place.
✔ Audit Support & IRS Representation – Get professional help in case of an IRS inquiry.

Let experts handle your tax return for accuracy, savings, and peace of mind!

Salaried Employee W-2
Tax Service Calculator
Non-resident aliens cannot claim the Standard Deduction and must itemize deductions if applicable.
If itemizing, your total should exceed the Standard Deduction, with extra benefits from deductions like state taxes and charitable contributions.
U.S. residents benefit from tax deductions on mortgage interest, property taxes, and potential capital gains exclusions when selling their home.
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Self-employed
Tax Service Calculator
Non-resident aliens cannot claim the Standard Deduction and must itemize deductions if applicable.
If itemizing, your total should exceed the Standard Deduction, with extra benefits from deductions like state taxes and charitable contributions.
U.S. residents benefit from tax deductions on mortgage interest, property taxes, and potential capital gains exclusions when selling their home.
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Explanation: What does "One Type of Business or Professional Activity" mean?
If you earn income and receive a 1099 form for one specific job, like being a Handyman, that counts as one type of business activity. If you also work for companies like Uber or DoorDash, you have multiple business activities.
Simple Business
Tax Service Calculator
Non-resident aliens cannot claim the Standard Deduction and must itemize deductions if applicable.
If itemizing, your total should exceed the Standard Deduction, with extra benefits from deductions like state taxes and charitable contributions.
U.S. residents benefit from tax deductions on mortgage interest, property taxes, and potential capital gains exclusions when selling their home.
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Important:
As an LLC owner or partner, you must include a K-1 form with your 1040 tax return. If you haven't prepared one, consider our Business Plans packages, which handles your LLC tax return and generates the K-1 for you, ensuring a smooth process.
Single-Member LLC
Tax Service Calculator
✅ Tax-Specific Documents
✔ Estimated Tax Payments (if applicable) – Records of quarterly tax payments to the IRS & state.
✔ Self-Employment Tax Calculation (Schedule SE - Form 1040) – Required if net profit exceeds $400.
✔ Retirement Plan Contributions – SEP IRA, SIMPLE IRA, Solo 401(k) contributions.
✅ Business Expenses & Deductions
✔ Receipts for Business Expenses – Proof of deductible purchases.
✔ Business Credit Card & Loan Statements – Records of business-related expenses.
✔ Office Rent & Utility Bills – Lease agreements, electricity, internet, and phone bills.
✔ Home Office Deduction – If applicable:
  • Total square footage of the home.
  • Square footage of the home office space used exclusively for business.
  • Mortgage/rent, utilities, and home insurance amounts.
  • ✔ Vehicle Expenses (if used for business) –
  • Business mileage log.
  • Gas, maintenance, insurance, and registration receipts.
  • ✔ Employee & Contractor Payments –
  • Payroll records (if employees).
  • 1099-NEC forms for independent contractors hired.
  • ✔ Insurance Premiums – Business liability, health, or workers’ compensation.
  • ✔ Marketing & Advertising Costs – Website, paid ads, branding, promotions.
  • ✔ Software & Subscriptions – QuickBooks, project management tools, and SaaS services.
  • ✔ Professional Services – Attorney, tax prep, business consulting fees.
  • ✔ Depreciation & Asset Records – List of business equipment, vehicles, or property used for business.
✅ Income & Revenue Records
✔ Profit & Loss Statement (P&L) – Summary of total revenue, expenses, and net income.
✔ Bank Statements – Business checking and savings accounts for the tax year.
✔ Invoices & Sales Records – Proof of business income (e.g., client payments, contracts).
✔ Merchant & Payment Processor Reports – Stripe, PayPal, Square, or credit card transactions.
✔ Rental Income (if applicable) – Lease agreements and rental payment records.
✔ 1099 Forms Received –
  • 1099-NEC – If paid by other businesses for contract work.
  • 1099-K – If receiving payments via platforms like PayPal, Venmo, or Square.
  • ✔ Interest & Investment Income (if applicable) – 1099-INT, 1099-DIV.
✅ General Business Information
✔ Employer Identification Number (EIN) – If issued by the IRS (not required if using SSN).
✔ Previous Year’s Tax Return – Helps maintain consistency in reporting.
✔ Business Formation Documents – Articles of Organization & Operating Agreement.
✔ State Business Registration & Licenses – Proof of legal business operation.
✔ IRS & State Tax Notices – If applicable, letters regarding tax adjustments or audits.
✅ Tax-Specific Documents
✅ Business Expenses & Deductions
✅ Income & Revenue Records
✅ General Business Information
Below is a list of required documents to ensure accurate tax preparation.
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Multi-Member LLC & General Partnerships
✅ Partner-Specific Documents
✔ Partner Contributions & Distributions Report – Total contributions, distributions, and equity adjustments.
✔ Guaranteed Payments to Partners – Salaries or fixed payments made to partners.
✔ Schedule K-1 for Each Partner –
  • Each partner's share of income, deductions, and credits.
  • Basis adjustments and capital account balances.

✅ Tax-Specific Documents
✔ Estimated Tax Payments (if applicable) – IRS and state quarterly tax payments.
✔ Self-Employment Tax Calculation – If partners actively participate in business operations.
✔ State & Local Tax Filings – Multi-state business compliance.
✔ Retirement Plan Contributions – partners' and employees' SEP IRA, SIMPLE IRA, or 401(k) contributions.
✅ Business Expenses & Deductions
✔ Receipts for Business Expenses – Office supplies, software, and operational costs.
✔ Business Credit Card & Loan Statements – Records of business-related expenses.
✔ Office Rent & Utility Bills – Lease agreements, electricity, internet, phone.
✔ Home Office Deduction (if applicable) –
  • Home office square footage.
  • Total home square footage.
  • Mortgage/rent, utilities, insurance.
✔ Vehicle Expenses (if applicable) –
  • Business mileage log.
  • Gas, maintenance, insurance, registration.
✔ Payroll & Contractor Payments –
  • Employee payroll records (W-2s).
  • 1099-NEC forms for contractors hired.
✔ Insurance Premiums – Business liability, health, workers’ compensation.
✔ Marketing & Advertising Costs – Website, paid ads, branding, social media.
✔ Software & Subscriptions – QuickBooks, project management tools, SaaS services.
✔ Professional Services – Attorney, tax preparation, business consulting fees.
✔ Depreciation & Asset Records – Business equipment, vehicles, or property used for business.
✅ Income & Revenue Records
✔ Profit & Loss Statement (P&L) – Business revenue, expenses, and net income summary.
✔ Balance Sheet – Assets, liabilities, and equity breakdown.
✔ Bank Statements – All business accounts for the tax year.
✔ Invoices & Sales Records – Client payments, service/product sales, rental income.
✔ Merchant & Payment Processor Reports – Stripe, PayPal, Venmo, or Square transaction reports.
✔ Rental Income (if applicable) – Lease agreements and payment records.
✔ 1099 Forms Received –
  • 1099-NEC – Contract work payments received.
  • 1099-K – Payments from third-party platforms.
✔ Investment & Interest Income – 1099-INT, 1099-DIV, or capital gains reports.
✅ General Business Information
✔ Employer Identification Number (EIN) – Issued by the IRS.
✔ Previous Year’s Business Tax Return (Form 1065) – Ensures consistency.
✔ Partnership Agreement / Operating Agreement – Defines ownership percentage and distributions.
✔ State Business Registration & Licenses – Proof of legal business operation.
✔ IRS & State Tax Notices – If applicable (audits, estimated tax adjustments).
✅ Specific Documents
✅ Business Expenses & Deductions
✅ Income & Revenue Records
✅ General Business Information
Below is a list of required documents to ensure accurate tax preparation.
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S-Corporations (S-Corp)
& C-Corporations (C-Corp)
✅ S-Corp & C-Corp Shareholder & Tax-Specific Documents

📌 S-Corporation (Form 1120-S) Specific Documents
✔ Schedule K-1 for Shareholders –
  • Each shareholder's share of income, losses, deductions, and credits.
  • Basis adjustments and distributions.
✔ Reasonable Shareholder Salary Documentation – Payroll records for owner-employees.

📌 C-Corporation (Form 1120) Specific Documents
✔ Dividends Paid to Shareholders (Form 1099-DIV) – If dividends were issued.
✔ Corporate Tax Payments (If applicable) – Proof of any corporate estimated tax payments.
✔ R&D Tax Credit Documentation – If applying for research and development tax credits.

✅ Estimated Tax Payments & Compliance
✔ Quarterly Estimated Tax Payments (IRS Form 1120-W for C-Corps) – Proof of payments made.
✔ State & Local Tax Filings – Compliance with multi-state tax obligations.
✔ Corporate Retirement Plan Contributions – SEP IRA, SIMPLE IRA, or 401(k) contributions for employees.
✅ Business Expenses & Deductions
✔ Receipts for Business Expenses – Proof of deductible purchases.
✔ Business Credit Card & Loan Statements – Expense tracking for corporate accounts.
✔ Office Rent & Utility Bills – Lease agreements, electricity, internet, and phone bills.
✔ Payroll Reports & Employee W-2s –
  • Salary reports for employees and shareholder-employees.
  • Payroll tax filings (Forms 940 & 941).
✔ Independent Contractor Payments (1099-NEC) – Payments to non-employee service providers.
✔ Insurance Premiums – Business liability, health, workers' compensation, and property insurance.
✔ Marketing & Advertising Costs – Digital ads, website management, branding, and promotions.
✔ Software & Subscriptions – QuickBooks, CRM, SaaS tools, and project management platforms.
✔ Professional Services – Legal, accounting, consulting, and tax preparation fees.
✔ Depreciation & Asset Records – Purchase business vehicle, equipment, and property records.
✅ Income & Revenue Records
✔ Profit & Loss Statement (P&L) – Revenue, expenses, and net profit summary.
✔ Balance Sheet – Breakdown of assets, liabilities, and equity.
✔ Bank Statements – All corporate bank accounts for the tax year.
✔ Invoices & Sales Reports – Service revenue, product sales, and client payments.
✔ Merchant & Payment Processor Reports – Stripe, PayPal, Square, or credit card transactions.
✔ Rental Income (if applicable) – Lease agreements and payment records.
✔ 1099 Forms Received –
  • 1099-NEC – If the corporation received contract work payments.
  • 1099-K – If the corporation received payments via third-party platforms.
  • ✔ Investment Income Reports – 1099-INT, 1099-DIV, or capital gains reports.
✅ General Business Information
✔ Employer Identification Number (EIN) – Issued by the IRS.
✔ Previous Year's Tax Return (Form 1120-S or 1120) – For consistency in reporting.
✔ Articles of Incorporation – Proof of legal corporate status.
✔ Corporate Bylaws & Operating Agreements – Outlines business structure and operations.
✔ State Business Registration & Licenses – Ensures compliance with state laws.
✔ IRS & State Tax Notices – Any IRS letters, tax adjustments, or audit notices.
✔ S-Corp Election Form 2553 (for S-Corp only) – IRS confirmation of S-Corp tax status.
✅ Specific Documents
✅ Business Expenses & Deductions
✅ Income & Revenue Records
✅ General Business Information
Below is a comprehensive list of documents to bring when preparing corporate taxes.
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