01
Business Tax Preparation
Accurate preparation of business tax returns, including partnerships and S corporations, with attention to how your business return coordinates with your individual tax situation.
Business tax consulting · tax planning · tax preparation
Business Tax Consulting & Proactive Tax Planning for Business Owners
Your tax strategy should not begin when the return is due. Shieke Sharpe Consulting provides CPA-led business tax consulting and year-round tax planning to help you anticipate tax obligations, evaluate legitimate tax-saving opportunities, and make informed financial decisions before deadlines arrive.
CPA + CFE expertiseYear-round planningServing business owners nationwide
Proactive tax strategy
Tax preparation looks back. Tax planning looks forward.
Accurate filing matters, but many tax decisions need to happen before the return is prepared. We connect tax preparation with year-round planning so you can evaluate opportunities while there is still time to act.
- Estimated tax planning
- Entity and compensation considerations
- Retirement and deduction planning
- Business and personal tax coordination
I’m Not Just Your CPA —I’m Your Business’s Financial Partner.
Business tax services
Business tax planning that goes beyond filing a return.
From quarterly estimates and tax preparation to entity structure, owner compensation, deductions, retirement planning, and business tax consulting, we connect tax decisions to what is actually happening inside your business.
02
Year-Round Business Tax Planning
Evaluate potential tax strategies before year-end so there is still time to act. Planning may include deductions, income timing, retirement contributions, business investments, and other opportunities based on your circumstances.
03
Quarterly Estimated Tax Planning
Use available financial information and projections to plan for federal and applicable state estimated tax obligations instead of discovering the number after the deadline.
04
Entity & Compensation Planning
Understand tax considerations involving entity selection, reasonable compensation, owner distributions, and related planning decisions as your business grows.
05
Retirement & Tax-Advantaged Planning
For eligible business owners, evaluate retirement contribution opportunities that may support both long-term wealth building and tax planning.
06
Individual Tax Preparation
Business and personal taxes are often connected. We prepare individual income tax returns with consideration for business income, deductions, estimated payments, and other relevant tax items.
07
IRS Notice & Audit Support
Get professional support understanding IRS or taxing-authority correspondence, determining the appropriate response, and identifying information that may be required.
08
Business Tax Consulting
Get CPA-led guidance on the tax impact of business decisions before you make them. We review current financial information, projected income, entity and compensation questions, and other tax-planning considerations so your decisions are based on the full picture.
09
Business & Personal Tax Coordination
Review how business income, owner compensation, deductions, estimated payments, and other items affect your broader individual tax picture.
Business tax consulting
What does a business tax consultant help you evaluate?
Business tax consulting looks at the decisions behind the return—not only the return itself. That can include how much to set aside for taxes, whether quarterly estimated payments need to change, whether your current entity still makes sense, how you pay yourself, and which legitimate deductions or retirement strategies may fit your situation.
For profitable and growing businesses, tax planning and tax optimization are most useful while there is still time to act. Our approach is proactive and fact-specific: we use current financial information and projections to help you understand potential tax consequences before important business decisions become final.
A more proactive process
Plan before the year is over.
Good tax planning begins with accurate financial information, realistic projections, and enough time to make decisions.
- Projected business and taxable income
- Federal and state estimated tax payments
- Entity structure and owner compensation
- Retirement-plan contribution opportunities
- Timing of income and deductible business expenses
- Business purchases and investment considerations
- Business and individual tax coordination
- Prior-year issues affecting current-year planning
Who tax planning is for
For business owners who want fewer tax surprises and better information.
Business tax planning can be especially useful when income is increasing, estimated payments are changing, you are considering an entity change, you are evaluating major business purchases, or you want a clearer understanding of how business decisions affect your personal tax situation.
GrowingIncome or profitability is changing
PlanningYou want to act before year-end
StructuringEntity or compensation questions are emerging
PreparingYou want clearer estimated tax expectations
Tax planning for mental health practices
Therapists and group-practice owners have their own planning questions.
As a mental health practice grows, estimated taxes, entity structure, reasonable compensation, clinician costs, retirement contributions, and the interaction between business and household income can become more consequential.
Explore CPA & tax support for mental health practices →Business tax insights
Questions business owners often ask before making a tax decision.
Explore related guidance, then schedule a consultation when you are ready to apply the concepts to your own numbers and circumstances.
When Should an LLC Elect S Corporation Status?
Learn when an S corporation election may be worth evaluating and which factors matter beyond the potential payroll-tax savings.
How Self-Employment Tax Works
Understand how Social Security and Medicare taxes apply to self-employed business owners, including LLC and S corporation considerations.
Tax Planning at $300K of Business Income
Review planning areas higher-earning business owners may want to evaluate as profits increase and tax decisions become more consequential.
Why Shieke Sharpe Consulting
Tax expertise connected to the bigger business picture.
Shieke Sharpe, CPA, CFE brings accounting, tax, and business experience together to help business owners understand more than the final number on a tax return.
The goal is not simply to file taxes. It is to help you understand what is happening financially, identify legitimate planning opportunities, prepare for upcoming tax obligations, and make business decisions with better information.
CPACFEFormer Big FourCollege ProfessorBusiness Owner
Planning principles
Strong tax planning starts with the facts.
Tax recommendations are based on each client’s specific facts and circumstances. No particular tax strategy, deduction, refund, or savings amount is guaranteed.
Information on this page is general in nature and is not individualized tax, legal, or investment advice.
Frequently asked questions
Business Tax Planning FAQs
What is business tax planning?
Business tax planning is the process of reviewing your business income, expenses, structure, compensation, estimated taxes, and other financial decisions before the tax year is over so you can evaluate planning opportunities and prepare for potential tax obligations.
What does a business tax consultant do?
A business tax consultant helps you evaluate the tax impact of business decisions before they are finalized. That may include projected income, estimated taxes, entity structure, owner compensation, deductions, retirement contributions, and how your business tax situation connects to your individual return.
Can business tax planning help reduce taxes?
Depending on your facts, proactive planning may identify legitimate opportunities to reduce or better manage taxes. The appropriate strategies depend on factors such as profitability, entity type, compensation, timing, available deductions, retirement options, and state tax rules. No specific tax savings amount is guaranteed.
When should I start tax planning?
Tax planning can take place throughout the year, but earlier planning generally gives you more time to evaluate and implement appropriate strategies. Waiting until your return is being prepared can limit the options still available.
Can tax planning help with quarterly estimated taxes?
Yes. Projecting taxable income during the year can help determine whether estimated tax payments may be necessary and provide a clearer idea of how much should be set aside.
Do I need planning if someone already prepares my return?
Tax preparation and tax planning serve different purposes. Preparation reports transactions that already occurred. Planning focuses on decisions that may still be made before the end of the tax year.
Can you help evaluate an S corporation?
Yes, as part of a broader tax-planning discussion. Whether an S corporation or another structure is appropriate depends on factors including profitability, compensation, administrative requirements, state taxes, and your individual circumstances.
Do you work with business owners outside New Jersey?
Yes. Shieke Sharpe Consulting is based in New Jersey and serves business owners nationwide.
Plan before tax season
Don’t wait until the return is due to start tax planning.
If your business is growing, profits have changed, or you want to know whether your current tax strategy still fits, let’s review the numbers while there is still time to make informed decisions.