Professional Small Business Tax Services in San Benito

Small Business Tax Services in San Benito

Your business is in good hands with Salazar

Business Filings We Take On Each Year

Entity returns, formation and EIN work, sales and franchise tax, payroll filings, and quarterly estimates so April isn’t a surprise you didn’t plan for.

Small Business Tax
Preparation

Once the year is closed, an 1120-S or a 1065 comes together quickly. We track owner basis, set reasonable compensation, and split the K-1s properly. We’ll get your taxes done right the first time.

Business Formation & LLC Setup

Choosing an entity is a tax decision first and paperwork second. Dionicio files with the Secretary of State, gets the EIN, weighs an S election, and opens the franchise tax account before it’s late.

Sales Tax
Filing

Sell anything in Brownsville and the Comptroller expects a return, even for a period when you didn’t sell a thing. We sort taxable from exempt, check resale certificates, and file on your schedule.

Quarterly Estimated Taxes

June and September deadlines land when most preparers have shut down for the year. We’re open six days a week in San Benito, recalculating what you owe as the year moves instead of guessing.

Farm & Agricultural Income Tax

Schedule F income tends to arrive all at once. Owners working a few acres ask about equipment depreciation, deferred crop sales, and whether what they’re running actually counts as a farm at all.

Small Business Payroll

Owner compensation is where S corporation returns get challenged. We run the wages, keep the withholding current, and set a figure that stands up against the deduction you’re claiming for it.

1099 & W-2 Filing

If you can’t back a contractor payment with a 1099-NEC, it’s the first deduction an examiner pulls. We sort employees from contractors, weigh misclassification risk, and file before penalties climb.

Payroll Tax Filing

Form 941 every quarter, Form 940 once a year, deposits on the schedule the IRS hands you. Fall behind on the trust fund portion and the IRS can pursue an owner personally, so we don’t let it slip.

Catch-Up Bookkeeping

After two years of unreconciled months, a business return is guesswork. We bring the ledger current first, so every deduction you’re claiming is provable and the balance sheet actually ties out.

Did you know?

The Tea Act of 1773 actually made British tea cheaper. Colonists dumped 342 chests, roughly 90,000 pounds of it, into Boston Harbor on December 16 anyway, because the law handed the whole trade to one company. Price wasn’t the point.

Small Business Tax Services in San Benito FAQs

Ask a tax expert

Whether an LLC or an S election fits what you’re running, what a franchise tax report actually asks of you, why March 15 lands a full month before everyone else’s deadline, and what a contractor payment costs when the 1099 never got filed.

How much does it cost to have a small business tax return prepared in San Benito?

A business return in San Benito is priced off the entity type, whether the books are closed and reconciled before the return starts, the number of owners, payroll and 1099 volume, and any state or franchise filings that go with it. A single member LLC with clean books is a different job than a two owner S corporation with a payroll file nobody reconciled. Bringing last year’s return and the current books to the free consultation is what lets Salazar Tax Services pin down which of those apply. Payroll volume is usually the driver owners underestimate, because every quarter of filings sits behind the annual return.

Should my Texas business be an LLC or an S corporation?

An LLC is a state level entity and an S corporation is a federal tax election, so plenty of San Benito businesses are both at the same time. The election starts paying off when profit is high enough that the self employment tax savings clear the cost of running payroll, filing Form 1120-S and paying yourself reasonable compensation. Below that point the paperwork costs more than it saves. Around Rio Hondo the owners asking are usually running RV and mobile home communities, where residents are part year and the units are titled as manufactured homes.

Do I have to file a Texas franchise tax report?

Registered Texas entities such as LLCs and corporations report to the Texas Comptroller each May, and many small businesses in San Benito fall under the revenue threshold and owe no tax. Owing nothing does not always mean filing nothing, and the Public Information Report is the piece owners most often miss. Letting it lapse puts the entity’s right to transact business in Texas at risk, which shows up later when you apply for a loan. Sole proprietors filing a Schedule C sit outside franchise tax altogether.

Do I have to pay quarterly estimated taxes?

If you expect to owe a meaningful amount at filing and no wage withholding is covering it, quarterly estimates are how the IRS wants it paid, in April, June, September and January. Self employment runs high across the San Benito service area, where a lot of citrus and construction work is billed by the job rather than paid as wages, so this comes up constantly at Salazar Tax Services. Skipping the payments adds an underpayment penalty on top of the tax you already owe.

What is the deadline for an S corporation or partnership return?

S corporation and partnership returns are due March 15, a full month before the individual deadline, and an extension moves it to September 15. The late filing penalty runs per owner per month, so a two owner partnership in San Benito builds a balance fast even when no tax is owed. Owners who wait until April to think about taxes have usually already missed it.

Do I need to collect and file Texas sales tax?

If you sell taxable goods or certain services in Texas you need a sales and use tax permit, and you file on whatever schedule the Comptroller assigns, which for most small filers is quarterly. Plenty of San Benito businesses collect the tax without realizing a return is due even in a period with no sales at all. The Port of Brownsville handled billions in trade in 2024 with the large majority of exports headed to Mexico, so resale certificates and export documentation sit alongside the Texas permit for a lot of Valley businesses. Salazar Tax Services registers the permit and files the returns on the assigned schedule.

Can I write off my truck for my business?

You can deduct the business portion of a vehicle, either by tracking actual costs or by taking the standard mileage rate, and the choice has to be made in the first year the vehicle goes into service. Heavy vehicles over 6,000 pounds carry their own depreciation rules including Section 179, which is why so many contractors around San Benito drive a three quarter ton truck. Whichever method you pick, the mileage log is what holds the deduction up if the IRS asks.

How do I set up a new business in San Benito TX?

Filing a certificate of formation with the Texas Secretary of State creates the entity, then you get an EIN from the IRS, register for sales tax if you will collect it, and open a bank account in the business name. Doing all of it at once in San Benito means the tax elections get made on time instead of a year late, when fixing them costs more. Dionicio Salazar is also a Texas Notary Public, which helps when formation documents need a signature witnessed.

How is farm and ranch income taxed differently in Cameron County?

Farm income goes on Schedule F, which allows income averaging across three years, has its own treatment for prepaid feed and supplies, and lets many farmers skip quarterly estimates if they file and pay by March 1. Citrus and row crop operations in the fields around San Benito and Cameron County deal with crop insurance proceeds and weather related sales deferrals that a standard business return never touches.

What happens if I paid a contractor and did not file a 1099?

Payments above the IRS reporting threshold to an unincorporated contractor need a Form 1099-NEC filed by January 31, and skipping it brings a penalty per form that climbs the longer it goes unfiled. The bigger risk is the deduction itself, since unreported contractor payments are among the first things an examiner pulls on a small business return in San Benito. Salazar Tax Services files the 1099s along with the year-end books, so the January deadline does not sneak up. Collect a W-9 before the first check goes out, which makes January routine.

Still have questions?

Cross taxes off your to-do list forever

Our customers keep coming back because we’re nothing like big companies or online services who only care if your credit card works.

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