Beyond Tax Preparation. A Smarter Strategy for Your Business.
Your business and personal taxes are connected. Your tax strategy should be, too.
At Squire, we go beyond tax preparation to provide proactive, year-round tax planning and advisory services for business owners, including those operating S corporations, LLCs, and partnerships. Our experienced professionals help identify tax-saving opportunities, evaluate pass-through entity (PTE) tax elections, navigate complex requirements, and develop coordinated strategies that consider both your business and personal financial picture. Whether you’re starting a business, managing an established company, or preparing for what’s next, we’re here to help you make informed decisions with confidence.
Comprehensive Tax Solutions for Business Owners
Your tax needs evolve as your business grows. Squire provides full-cycle tax planning, compliance, and advisory services to help you manage obligations, identify opportunities, and make confident decisions throughout the life of your business.
Business Tax Planning & Strategy
Effective tax planning happens throughout the year, not just at filing time. Squire works closely with business owners to evaluate their tax position, identify potential savings, and develop strategies that align with their financial goals. From pass-through entity tax elections and available tax benefits to the tax implications of major business decisions, our advisors help you take a proactive approach to managing your tax obligations.
Pass-Through & Closely Held Entities
Business and personal tax obligations often go hand in hand, particularly for owners of S corporations, partnerships, and closely held businesses. Squire provides specialized tax planning, preparation, and compliance services for these entities, helping simplify complex reporting requirements while creating opportunities for more effective tax strategies. By coordinating business and individual tax planning, our team helps you understand how business income, deductions, and other financial decisions affect your overall tax position.
Business Formation, Growth & Succession Planning
Every stage of business ownership brings new tax considerations. Squire helps business owners evaluate entity selection, navigate operational changes, and prepare for ownership transitions. Whether you’re establishing a new business, expanding operations, or developing a succession plan, our advisors help you understand the tax implications of your decisions and build strategies that support long-term success.
Why Business Owners Trust Squire
Proactive, Year-Round Planning
Tax planning shouldn’t begin when it’s time to file. We work with you throughout the year to anticipate changes, evaluate opportunities, and help you make informed decisions before deadlines arrive.
Specialized Business Tax Knowledge
From S corporations and partnerships to LLCs and closely held businesses, our experienced tax professionals understand the complexities of business taxation and provide practical guidance tailored to your needs.
Decades of Trusted Experience
For more than 50 years, Squire has helped businesses navigate complex tax requirements, make informed financial decisions, and plan for the future. Our longstanding experience, combined with a proactive approach and personalized service, gives business owners the confidence to navigate challenges and pursue new opportunities.
FAQs
What is the difference between an LLC, a pass-through entity, and an S corporation?
These terms describe different aspects of how a business is structured and taxed. An LLC (limited liability company) is a legal business structure that generally provides liability protection for its owners. A pass-through entity (PTE) is a tax classification concept in which business income generally passes through to the owners' individual tax returns. An S corporation is a federal tax election available to qualifying businesses that allows income to pass through to shareholders for federal income tax purposes. An LLC may be taxed as a sole proprietorship, partnership, or S corporation, depending on its ownership and tax elections. Squire helps business owners understand these distinctions and evaluate which structure and tax treatment best support their goals.
What is the difference between business tax preparation and tax planning?
Business tax preparation focuses on accurately reporting income, deductions, and other required information to meet filing obligations. Tax planning takes a proactive approach by identifying opportunities to manage tax liabilities and make informed financial decisions throughout the year. Squire provides both services, helping business owners maintain compliance while planning for the future.
Can proactive tax planning help reduce my taxes?
Proactive tax planning can help identify deductions, credits, elections, and other strategies that may reduce your overall tax liability. For example, certain businesses may benefit from state pass-through entity tax elections. Squire evaluates available opportunities based on your business structure, financial circumstances, and applicable tax laws.
How do I know if my business has the right tax structure?
The appropriate tax structure depends on several factors, including ownership, income, business goals, and long-term plans. Squire helps business owners evaluate entity options and understand the potential tax implications of different structures so they can make informed decisions.
When should I start working with a business tax advisor?
Ideally, tax planning begins before major business decisions are made. Whether you're forming a business, expanding operations, making ownership changes, or preparing for succession, involving a tax advisor early can help you understand potential tax implications and identify planning opportunities.
Your Business Deserves More Than Tax Preparation.
Your tax strategy should support your business today and help prepare you for what's next. Whether you're looking for a new tax advisor, evaluating your business structure, or seeking a more proactive approach to tax planning, Squire brings the expertise and personal attention to help you move forward. Let's talk about how coordinated business and individual tax planning can support your financial goals.
About Squire
Squire is an audit, tax, and business advisory firm with offices and teams across the Mountain West. With 50+ years of experience, we provide outsourced CFO and controller support, bookkeeping, payroll, sales tax, transaction support, ERP implementation and technology integration—helping businesses operate efficiently, stay compliant and achieve their financial goals. For more information, visit squire.com.