Tax Services for Nonprofit Organizations, Social Enterprises, Small Businesses, Sole Proprietors and Individuals
Are you self-employed or earning 1099 income?
Is your personal business generating $30k+ per year?
Ever wonder about the tax benefits of incorporating?
Our team at Blue Fox specializes in tax preparation for independent contractors and sole proprietors. Consultants, designers, photographers, freelancers - that's you! We especially love to serve those who work in the social impact sector. If you're thinking about incorporating, let us help you analyze the numbers and see if it's worth it.
Bonus Free Download: Schedule C Excel Worksheet for Sole Proprietors
The Best Way to Track Income & Expenses for Tax Form 1040
Sole proprietors: get out your shoebox of 2021 receipts and let’s get organized!
Our team at Blue Fox created this handy Schedule C Worksheet for your profit or loss record-keeping pleasure. If you’re wondering how to fill out the Schedule C Form 1040, this easy-to-use tool will get your financial ducks in a row. We highly recommend using it before you attempt the official IRS form.
What It Costs
1040s with W2/retirement income only and standard deductions*:
Flat fee - $250
1040s with W2/retirement income, investment income and standard deductions*:
1040 Dependent Returns:
1040 with Schedule A, Schedule C, or E*:
Starting at $500
Business and Nonprofit Tax Returns (1120, 1120S, and 990):
Starting at $1,000
*Note: 1 state return included; additional state returns priced at $50 each
Every tax client at Blue Fox gets up to 1 hour of free tax planning each year! Most folks don't take advantage of this built in value added, so please do! We're here to help you keep more of your hard-earned cash.
Yes, Free Tax Planning!
Tax Tips From Our Blog:
Is it Time to Incorporate My Side Hustle? Let's Crunch Those Numbers
Many of our individual tax clients have a side hustle. Some are just starting out and claim their earnings as 1099 income on a Schedule C. Nothing fancy, but these sole proprietors or single-member LLCs have saved thousands of dollars and kept their audit risk low by asking us for help at tax time. Another group of our clients have taken their side hustle to a whole new tax advantaged level by becoming S-corporations. We love using legal strategery (yes, we know that’s not a word) to proactively help people maximize their tax refunds.
How to Handle Taxes For Your Side Hustle. Independent Contractors, Self-Employed, Sole Proprietors - That’s You
If 2020 has taught us anything, it’s to prepare for the unexpected. How might you do that? Well if you have recently started a side gig to earn extra income, now is the time to compile your financial information to complete the IRS Form 1040, and we can help you do that!