For business owners

Tax planning for business owners, done before year end.

Entity choice, how you pay yourself, what the business buys and when, and which plans and deductions are actually in place by December 31 decide most of a business owner’s tax bill. We plan them with you during the year, put the projected savings in writing, and prepare the business and personal returns so the strategy shows up on the filing.

Book a free consultation See what we plan for

Founder-led

Vince Mongio
CPA · EA · CIA · CFE · MACC

The deliverable

A written plan with each strategy’s projected tax effect in dollars

The returns

1120-S, 1065, 1120, and your personal 1040, prepared in-house

Virtual, nationwide

Based in Miami; meetings by video or phone with clients across the country

What we plan for

Six decisions that set a business owner’s tax bill.

Most of them have to be made, documented, or funded before year end. We model each one against your numbers and tell you which are worth doing.

The owners who pay the least in tax are not the ones with the most aggressive deductions. They are the ones whose entity, compensation, retirement plan, and purchases were decided on purpose, with the numbers run first.

Likely a fit if you

Run a profitable S corporation, partnership, or LLC — or a sole proprietorship that has outgrown Schedule C
Take a salary from your own company and have never had it tested against reasonable-compensation data
Want retirement contributions and health costs to come out of pre-tax business income
Are planning a large purchase, a new entity, an expansion into another state, or a sale in the next two years

Book a free consultation

Bring last year’s business and personal returns. You will know on the first call whether planning is likely to pay for itself.

What a business-owner engagement covers

Six questions, answered in writing with the numbers attached.

01

Entity choice and the S election

Sole proprietorship, partnership, S corporation, or C corporation: each changes self-employment tax, the QBI deduction, how you take money out, and what a sale looks like. We model the alternatives on your actual profit and, when the S election makes sense, handle the election and the payroll setup that comes with it.
02

Reasonable compensation

An S corporation owner’s salary sets payroll taxes, retirement-plan limits, and the QBI deduction at the same time, and the IRS tests it against market data. We document a defensible number and set distributions around it, so you are neither overpaying payroll tax nor inviting a reclassification.
03

The QBI deduction

The 20% qualified business income deduction is now permanent, with wider phase-in ranges at higher incomes. Whether you get the full deduction depends on taxable income, the W-2 wages the business pays, and the kind of business — levers that can be planned a year ahead rather than discovered at filing.
04

Retirement plans sized to the profit

Solo 401(k), SEP, safe-harbor 401(k) with profit sharing, or a cash balance plan for owners who can set aside six figures. The right plan depends on payroll, employees, and cash flow, and each has its own deadline for adoption and funding — several of them December 31.
05

Deductions that need paperwork

An accountable plan for expenses you pay personally, the home office, the vehicle, health insurance through the company, employing your children, and the 14-day home rental rule. Each is legitimate when documented and a problem when it is not. We set up the paperwork once so the deductions hold.
06

Purchases, state taxes, and the calendar

100% bonus depreciation is permanent again for property acquired after January 19, 2025, so the timing of equipment and vehicle purchases matters. So does the pass-through entity tax election in states that offer it, which moves state income tax above the federal SALT cap. We build the year-end checklist in October, not December.

How it works

Three steps from first call to a working plan.

Discovery

A review of the last two business and personal returns, this year’s profit to date, and what is ahead. You will know from the first conversation whether planning is likely to pay for itself.

Written strategy

A plan that lists each recommended strategy, what it requires from you, and its projected tax effect in dollars — so decisions are made with numbers, not guesses.

Implementation and check-ins

We coordinate with your bookkeeper, payroll provider, attorney, and financial advisor, check in each quarter so the plan keeps pace with the business, and prepare the returns when the year closes.

Questions

Before you book.

Should my business be an S corporation?

Often, but not always. The S election saves self-employment tax on profit above a reasonable salary, but it adds payroll, a separate return, and reasonable-compensation exposure, and it can reduce the QBI deduction or complicate a future sale. We run the numbers on your actual profit before recommending it — and tell you when a partnership, a C corporation, or leaving things alone is the better answer.

Is it too late to plan for this year?

Usually not. Retirement-plan adoption, compensation adjustments, purchases, an accountable plan, and estimated payments can all still be put in place in the fourth quarter. A few items have deadlines earlier in the year — the S election for the current year is one, though relief is sometimes available — and we will tell you which ones have passed and plan them for next year.

Do you prepare the business returns too?

Yes. We prepare S corporation (1120-S), partnership (1065), C corporation (1120), and single-member LLC returns, plus the owners’ personal returns, so the plan and the filing are done by the same team. Preparation is included for planning clients.

How do I know planning is worth the fee?

The first call is free, and we tell you plainly whether planning is likely to pay for itself on your numbers. Fees are quoted up front, before any work begins, and the written plan lists the projected tax effect of each strategy, so you can see what the fee is buying.

Get started

Book a free 30-minute consultation.

A focused conversation about the business, how you pay yourself, what is changing this year, and whether a planning engagement would pay for itself. Pick any open time on the calendar.

What happens on the call

1
You describe your situation.Your income picture, what changed this year, and what you want to happen next. About ten minutes.
2
You get a first read.Which strategies likely apply to you, which do not, and roughly what they could be worth.
3
You leave with a clear answer.Whether planning would pay for itself, what an engagement costs, and what happens next. No pressure either way, and no fee for the call.

Who you'll meet: Vince Mongio, CPA, EA, CIA, CFE, MACC. The founder takes every call and reviews every plan personally.
What to bring: Nothing beyond your most recent return, if you have it handy.
Where: By video or phone. Based in Miami, working with clients nationwide.

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