SMALL BUSINESS TAXES & BUSINESS FORMATION

Running a small business comes with big responsibilities — especially when it comes to taxes and setup. At OTS Management Group LLC, we help business owners stay compliant, save money, and build a strong foundation from day one.

File with a tax pro

Start Now

SMALL BUSINESS TAX PREPARATION

We specialize in tax services for small businesses and self-employed professionals, including:

Simplified Tax Filing for Small Business Owners

Best for most business types including:

Sole Proprietors, Single-Member LLCs, 1099 Contractors / Independent Contractors

What this includes:

Help from a live tax expert whenever needed
Option to file online or with professional assistance
Simple and accurate income reporting for self-employed individuals
Secure upload of tax documents from phone, computer, or tablet
Guidance on deductions specific to contractors and freelancers

Starting at

$240

+ $75 per state filed

Get Started

Full-Service Small Business Tax Support

Best for most business types including:

S Corporations, C Corporations, LLCs

What you get:

Work with a local tax professional — in office or remotely
Professional tax preparation at lower cost than a traditional CPA
Year-round small business tax support
Includes Profit & Loss statement review
Customized tax savings and deduction analysis

Starting at

$85

+ $37 per state filed

Get Started

BUSINESS FORMATION SERVICES

Starting a business the right way matters. We make the process simple and stress-free.

What is an LLC?

An LLC is one of the most popular business structures for small business owners. It offers a balance of personal liability protection and flexible tax options. LLCs are formed at the state level and can have one or multiple owners.

Get Started

Why form an LLC?

Helps protect personal assets from business liabilities
Simple setup and easier record-keeping than corporations
Flexible ownership and management structure
Professional credibility for your business

What are the tax implications?

Single-member LLCs are typically taxed as sole proprietors
Multi-member LLCs are usually taxed as partnerships
Option to elect S Corp or C Corp taxation if beneficial

What is an LLC taxed as an S Corp?

This structure allows an LLC to elect S Corporation tax treatment, which may help reduce self-employment taxes while keeping the flexibility of an LLC.

Get Started

Why choose LLC + S Corp?

Potential tax savings on self-employment income
Owners can pay themselves a reasonable salary
Remaining profits may avoid certain payroll taxes
Ideal for growing businesses with steady income

What are the tax implications?

Requires payroll setup and ongoing compliance
Annual tax filings and reasonable salary requirements apply

What is a C Corporation?

A C Corporation is a separate legal entity from its owners and is often used by larger or scaling businesses. It provides strong liability protection and allows unlimited shareholders.

Get Started

Why form a C Corporation?

Strong separation between business and personal assets
Ability to raise capital and issue stock
Suitable for businesses planning long-term growth
Preferred structure for certain investors

What are the tax implications?

Corporation pays its own taxes
Shareholders are taxed on dividends
More formal record-keeping and filings required

What is an EIN?

An EIN (Employer Identification Number) is a unique number issued by the IRS to identify your business for tax and reporting purposes. It is required to open a business bank account, hire employees, file business taxes, and apply for licenses.

Get Started