S-CORP SERVICES

S-Corporation Tax & Compliance Services – Sayville, NY

Running an S-Corporation in New York requires more than just filing a return. Between payroll requirements, reasonable compensation rules, NY State filings, and quarterly estimates, small mistakes can become expensive.

At Aneta CPA / Precision Accounting & Tax Corp., we help Nassau and Suffolk County business owners use the S-Corp structure correctly—so you save taxes without triggering IRS or NY issues.

What We Handle for NY S-Corps

S-Corp election (IRS Form 2553 & NY requirements)
Annual federal & NY S-Corp tax returns
Owner payroll setup & reasonable compensation
NYS payroll registrations (NYS-100, UI ID, withholding)
Quarterly estimated tax planning
Shareholder distributions vs salary guidance
CT-6, CT-3, and NY compliance
IRS notices & penalty abatement

Is an S-Corp Right for You?

We review your real numbers—profit level, payroll costs, NY taxes, and personal situation—to confirm whether S-Corp treatment will actually lower your taxes. Not every LLC should be an S-Corp, and we’ll tell you honestly if it doesn’t make sense.

Ongoing Support, Not Just a Tax Return

Our S-Corp clients receive:

Year-round access for questions
Payroll coordination
Profit planning before year-end
Clean books that support your tax strategy

Serving Sayville area and all Suffolk and Nassau County businesses

Schedule an S-Corp review → 631-365-5398 or anetacpa@gmail.com

FAQ

Q: Do I need payroll for my S-Corp in New York?
A: Yes. The IRS requires S-Corp owners to take reasonable compensation through payroll before taking distributions. We help you determine the correct salary and set up NY payroll compliance.

Q: Can my existing LLC become an S-Corp?
A: In most cases, yes. We file IRS Form 2553, review NY requirements, and confirm the election actually saves you taxes after payroll costs.

Q: What NY filings does an S-Corp need?
A: Common filings include federal Form 1120-S, NY CT-3/CT-3-S, payroll returns (NYS-45), sales tax if applicable, and annual compliance forms.

Q: Will an S-Corp lower my taxes?
A: Often yes—when profits are high enough to justify payroll. We run a comparison showing taxes as LLC vs S-Corp so you see the real savings.

Q: I already filed as an LLC—can I switch mid-year?
A: Sometimes. The timing rules are strict. We review your situation and handle late election relief if needed.