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Working Together

Our Services

TAX PLANNING

Most contractors overpay because no one plans their taxes until the return is due. We review your business and personal situation during the year, project your liability before December, and recommend legal strategies built for construction: accounting method elections, entity and owner pay structure, equipment purchase timing, retirement plans, and credits. You get clear instructions and a team that helps you put each strategy in place.

Insurance Consultation
Tax Income Reports

TAX PREPARATION 

We prepare your business and personal returns from the same plan we built with you during the year, so nothing gets missed between the strategy and the filing. We handle S corporation, partnership, and individual returns, multi-state filings, extensions, and IRS deadlines, and we keep the documentation you need to support every deduction. You get peace of mind that your taxes are filed correctly and on time.

YOUR TAXES AND YOUR BONDING

Your tax strategy and your bonding capacity are connected. A move that cuts your tax bill can also shrink the equity and working capital your surety relies on. We look at both together, coordinate with your CPA and bond agent, and make sure your year-end numbers support the bonding program you need. Our Bonding & Surety page explains how we do it.

Accountant
Laptop and Paperwork

ENTITY & OWNER PAY

How your company is structured and how you pay yourself can change your tax bill more than any single deduction. We review your setup and owner compensation every year so they keep working for you.​

  • S corporation, partnership, and LLC structure reviews.

  • Reasonable compensation that holds up to IRS scrutiny.

  • Salary and distribution planning.

  • Retirement plans that lower taxable income.

  • Holding company and equipment ownership options.

  • Effects on the equity and working capital your surety reviews.

TAX SAVINGS REVIEW

Not sure if you are overpaying? Our Tax Savings Review looks at your last return and your current year numbers and compares them against the strategies available to contractors.

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We show you where you may be leaving money on the table, from accounting method and entity choices to equipment timing, owner pay, and credits you have not claimed.

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You walk away with a clear list of opportunities, whether or not you decide to work with us.

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Payless Taxes LLC is a nationwide tax planning and tax preparation firm for bonded commercial contractors, headquartered on Long Island, New York. We work fully virtually, so contractors anywhere in the country get the same team and the same process.

Copyright © 2026 Payless Taxes LLC - All Rights Reserved.

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