Every tax service a contractor actually needs.
Most tax preparers work for W-2 employees. We built everything around 1099 contractors, S-Corps, and project-based trades - the people the tax code was written to complicate.
Save your hard-earned money
U.S.-based experts. No offshore prep.
Clients commonly discover significant deductions they previously missed.
What most preparers miss
Most tax preparers skip the BPP personal property exemption. In Texas alone, that can mean significant missed savings annually.
Contractor Tax Preparation
Your return: done right, not just done.
A generic tax preparer files your return. A contractor-specialized professional finds what it's worth. Every Schedule C we touch goes through a trade-specific deduction audit: vehicle use, tools, licensing, insurance, home office, retirement. We don't copy-paste last year's numbers.
- Federal + State return (Schedule C)
- Contractor deduction audit (30+ categories)
- Vehicle and mileage optimization
- BPP exemption filing (Texas)
- E-file with direct deposit tracking
- Year-round secure document portal
Clients who use quarterly estimates tend to owe significantly less in April.
What most preparers miss
Most tax preparers calculate your estimate once in April. If your revenue spikes mid-year, you're overdue with no warning.
Quarterly Estimates & Tax Planning
Stop getting blindsided in April.
Contractors earn year-round but pay quarterly. Most don't know exactly how much, so they guess and get hit with penalties. We calculate your Q1-Q4 estimated payments, remind you before every deadline, and adjust mid-year if your revenue changes.
- Q1–Q4 estimated payment calculations
- SMS payment reminders before deadlines
- Mid-year revenue check-in and adjustment
- IRS penalty review and first-time abatement
- Entity optimization review (LLC vs S-Corp math)
- Section 179 equipment timing guidance
Contractors at $150K net can see significant annual savings after switching to S-Corp.
What most preparers miss
Most tax preparers do the S-Corp return but never help you set the right salary split. The wrong split triggers an IRS audit flag.
S-Corp Election & Payroll Setup
The switch that typically pays for itself.
The S-Corp election is the single highest-impact move for contractors clearing $75K+ in net profit. It converts self-employment tax (15.3%) on a chunk of your income into payroll tax on a "reasonable salary" instead. We handle the IRS Form 2553 filing, set up payroll, and make sure you stay compliant going forward.
- S-Corp election filing (IRS Form 2553)
- Reasonable salary analysis and documentation
- Payroll setup (Gusto or QuickBooks)
- Quarterly payroll tax filings
- Annual S-Corp return (Form 1120-S)
- Shareholder distributions structuring
Contractors with WIP tracking catch under-billed jobs faster and see meaningful margin improvements.
What most preparers miss
General tax preparers report revenue by deposit date: making profitable months look bad and unprofitable ones look great until year-end.
WIP Reporting & Job Costing
Finally know if each job is actually making money.
Work-in-Progress (WIP) reporting is standard in construction accounting and completely invisible to 90% of general tax preparers. It tells you how much revenue you've earned on in-progress jobs, how much overbilling is inflating your P&L, and whether you're profitable by job before the job closes. We produce monthly WIP schedules so you can bid smarter.
- Monthly WIP schedule preparation
- Job cost variance analysis
- Over/under-billing identification
- Percentage of completion accounting
- Integration with Buildertrend, Procore, or QuickBooks
- Monthly P&L by job, not just by period
What we don't do.
We'd rather be upfront than overpromise. Here's where we stop and who we recommend instead.
Full-service monthly bookkeeping (we partner with bookkeepers for this)
Payroll processing for crews of 10+ (we refer to dedicated HR platforms)
IRS audit representation for pre-TTP returns filed elsewhere
Financial statement audits or compilations for bonding (we refer to audit firms)
TTP vs. general preparer vs. doing it yourself.
We're not for everyone. Here's a straight comparison so you can decide.
| DIY Software $50–$200 | General Preparer $400–$900 | TradeTaxPro $797–$8,964 | |
|---|---|---|---|
| Contractor deduction audit | |||
| WIP schedule and job costing | |||
| Quarterly estimates filed (not just advised) | Extra fee | ||
| S-Corp reasonable salary analysis | Sometimes | ||
| Named dedicated tax professional | Maybe | ||
| Multi-state filing included | Extra fee | Builder+ | |
| Year-round support (not just tax season) | Seasonal | ||
| Trade-specific knowledge (vehicles, tools, BPP) | Sometimes |
Not sure which service fits your situation?
Book a free 30-minute call. No pitch, no pressure. We'll walk through your numbers and tell you exactly what you need. Even if that's not us.