Tax Preparation
Tax Preparation for Businesses and Individuals
Most tax problems start long before tax season, in books that were never reconciled. At Black Hills Accounting, your tax return is prepared from records we have reviewed, verified, and reconciled.
That means fewer missed deductions, fewer surprises, and a return you can stand behind. Whether you operate a multi-member entity, manage rental real estate, run a solo trade, or simply need dependable personal tax preparation, we deliver rigorous, accurate returns with year-round availability.
Individual & Household Returns
We handle individual federal and state income tax returns across multiple levels of complexity:
- Federal Individual Returns (Form 1040): Comprehensive personal tax filing, including state income tax returns where required across 22 states.
- Self-Employment & Side Business (Schedule C): Accurate business expense deductions, vehicle tracking, and self-employment tax calculations.
- Rental Property Income (Schedule E): Income and expense tracking, depreciation schedules, and multi-property management.
- Farm & Ranch Income (Schedule F): Agricultural income and expense categorization tailored to regional producers.
- Short-Term Rentals: Vacation rentals, including Sturgis Motorcycle Rally rental income and mastery of the 14-day tax-free rule.
- Cryptocurrency & Digital Assets: Wallet and exchange transaction reconciliation, cost-basis calculations, and reporting.
- Estates & Trusts (Form 1041): Fiduciary income tax returns and final individual returns.
Business Returns
We prepare annual corporate, partnership, and multi-state business filings directly from reconciled ledgers:
- Partnerships & Multi-Member LLCs (Form 1065): Complete partnership returns, partner capital tracking, and Schedule K-1 distribution reporting.
- S Corporations (Form 1120-S): Small business corporate returns, shareholder compensation review, and K-1 allocations.
- C Corporations (Form 1120): Corporate tax returns, corporate depreciation schedules, and financial statement reconciliation.
- Nonprofit Organizations (Form 990 Series): Information returns ensuring compliance and transparency for exempt organizations.
- Multi-State Filings: Nexus review and state tax filings for businesses operating across state lines.
Year-Round Tax Support
Taxes shouldn't be a once-a-year scramble. We provide year-round advisory and tax compliance services to keep you ahead of deadlines:
- Quarterly Estimated Taxes: Calculations and vouchers so you avoid underpayment penalties and surprise year-end bills.
- Year-End Tax Planning: Strategic reviews before December 31 to identify equipment write-offs, retirement contributions, and deduction strategies.
- Payroll & 1099 Compliance: Preparation and filing of annual 1099-NEC, 1099-MISC, and W-2 packages.
- Notice Resolution: Professional assistance reviewing and responding to IRS and state tax authority letters.
- Entity Structure Review: Assessing whether an LLC, S-Corp election, or partnership structure provides the greatest tax and operational efficiency.
Why Bookkeeping + Tax Prep Together Works
When the same team manages your books and prepares your returns, nothing is lost in the handoff. Your accounts are already reconciled, your receipts and supporting documentation are organized, and your tax return is completed faster with zero guesswork.
Behind on Your Books? Start Here.
If your records aren't tax-ready, our Catch-Up & Clean-Up service gets them current first so your return is completely accurate and audit-resilient.
Explore Year-End Clean-UpTransparent Tax Pricing
Every tax return receives a flat, written quote before preparation begins—no surprise invoices.
| Return Type | Pricing |
|---|---|
| Individual (Form 1040) Standard return with W-2 income and common deductions | Starting at $250 |
| Individual with Schedule C or E Self-employed, sole proprietors, independent contractors, or rental properties | Starting at $450 |
| Business Returns (Form 1065 / 1120-S / 1120) Partnerships, LLCs, and S/C Corporations with reconciled books | Starting at $750 |
| Nonprofit Organization (Form 990 Series) Information returns for tax-exempt entities | Starting at $500 |
| Tax Advisory, Notice Resolution & Planning Quarterly projections, tax strategy, and agency notice support | $115 / hour |
Key Tax Filing Deadlines
W-2s & 1099-NEC contractor filings due
Partnership (1065) & S-Corp (1120-S) returns due
Individual (1040) & C-Corp (1120) returns due
Ready to File with Confidence?
Schedule a free 15-minute consultation to discuss your tax situation, or submit your records securely through our client portal.
Service Pricing
Transparent flat-fee pricing by return type.