Business tax returns · Staten Island
Staten Island businesses answer to three tax authorities, and New York City plays by its own rules. We prepare your 1120 or 1120-S together with the New York State and NYC returns, so nothing falls between them.
Tell us your entity type and where things stand.
The filing map
| Entity | Federal | New York State | New York City | Federal due |
|---|---|---|---|---|
| C corporation | 1120 | CT-3 | NYC-2Business Corporation Tax | Apr 15 |
| S corporation | 1120-S | CT-3-S | NYC-4S or NYC-3LGeneral Corporation Tax: NYC ignores the S election | Mar 15 |
| Partnership / multi-member LLC | 1065 | IT-204 | NYC-204Unincorporated Business Tax | Mar 15 |
| Sole owner / single-member LLC | Schedule C | IT-201 | NYC-202Unincorporated Business Tax, when it applies | Apr 15 |
Calendar-year businesses. Whether a city tax applies, and which form, depends on your income and activity in NYC. We work that out for you.
New York City doesn't recognize the S election. Federally and at the state level your S corporation passes income to its owners, but the city taxes it as a corporation under the General Corporation Tax. Owners who don't plan for it are surprised every year.
A calendar-year C corporation files Form 1120 and New York's CT-3 by April 15. S corporations and partnerships file a month earlier, on March 15. Form 7004 extends the filing deadline six months, but not the time to pay.
It depends on profits, how owners take money out, and plans to sell or reinvest. The NYC tax picture changes the math here more than most places. We run it both ways before you decide.
Yes. We clean up the books first, then prepare the return from numbers that hold up. If that pushes past the deadline, we file the extension on time.
No. Our office is on Amboy Road and we know the borough well, but our CPAs, accountants and consultants serve businesses nationwide.