Form 1065 U.S. Return of Partnership Income

Form 1065 Partnership Tax Filing and Business Formation Guidance

Expert Tax Help for Partnerships, Multi-Member LLCs & Business Startups

Are you running a business with partners? If your company is structured as a partnership or multi-member LLC, you are required to file IRS Form 1065, even if you did not make a profit this year. This tax return is not just a form, it affects how your income is taxed, how profits are divided, and how partners report earnings on their personal returns.

Mistakes on Form 1065 or delays in preparing partner K-1s can lead to IRS penalties, filing headaches, and most frustrated partners and angry spouses. That is where I come in, Sean Simonyan.

As an IRS Enrolled Agent, I am federally authorized to represent clients before the IRS and handle complex business tax matters. My role is to protect your interests, keep you compliant, and help you make smart tax decisions for your business.

Services We Provide

  • Accurate and timely Form 1065 tax return preparation
  • Professional preparation and delivery of Schedule K-1s for each partner
  • Guidance on partner capital accounts and guaranteed payments
  • Help with multi-state business tax filing when your company operates in more than one state
  • Full support for business entity formation including advice on whether a partnership, LLC, or S corporation election makes the most sense
  • Ongoing tax strategy and support not just once a year

Many Clients Often Ask

  • Do I need to file Form 1065 if we haven’t made any money yet?
  • What’s the difference between a partnership and an LLC for taxes?
  • How do we split profits correctly and avoid IRS issues?
  • Can I switch from a partnership to an S Corporation next year?
  • What happens if we forget to issue K-1s to the partners on time?

We answer all of these questions and more with real, practical guidance that helps you stay compliant and avoid costly errors.

Why Partnerships Work With Us

  • To avoid IRS penalties and filing delays
  • We handle the paperwork, so you can focus on running your business
  • You will get suitable advice based on current IRS rules not guesswork
  • We make the process smooth, clear, and efficient for you and your partners
  • We do not disappear after tax season we are here year-round

Let’s talk about your business structure, tax return, and what’s next. Schedule a consultation today and file with confidence and peace of mind.