No. 01 — Trusted Authority FY 2026 · Filing Season

Accurate returns,
delivered fast,
kept & cost-effective.

A specialist tax practice for two clients only: S-Corporations filing Form 1120S, and individual filers needing a clean federal and state 1040. Prepared in Drake, filed direct with the IRS, secured end-to-end by SmartVault.

File my S-Corp return File my individual return

Trusted Infrastructure

SmartVault Secure Storage Drake Tax Software Authorized IRS e-File 100% Electronic Workflow

I. The Two Returns We File

Specialist work, by design.

We don't promise to file anything you can put in a shoebox. We do two returns extremely well — and the people who need them know exactly what they're getting.

For S-CorporationsForm 1120S

Business returns, filed on time — every March.

S-Corp preparation with optional monthly bookkeeping and books-cleanup bundled in. We reconcile your year, prepare K-1s for each shareholder, and file with the IRS before the March 15 cutoff.

Form 1120S federal + state apportionment
K-1 generation for each shareholder
Reasonable compensation review
Optional bookkeeping & books-cleanup add-on
Accounting catch-up for prior periods

Starts at $895^/return

Reserve a slot See what's included

For Individual FilersForm 1040

Federal & state 1040s — clean and quick.

Basic individual returns for W-2 earners, 1099 contractors with a single Schedule C, retirees, and households with standard deductions. Federal and one state included; additional states added per filing.

Federal Form 1040 + one state return
W-2, 1099-INT, 1099-DIV, 1099-R, single Sch. C
Standard or itemized deductions
Direct deposit / direct debit setup
Prior-year, amended & extension add-ons

Starts at $185^/return

Start a 1040 Eligibility & what's included

II. The Process

Four steps, start to e-file.

We've taken the parts of filing that usually waste a week — drop-offs, paper signatures, sitting in offices — and replaced them with SmartVault and DocuSign.

Upload to SmartVault

Drop W-2s, K-1s, prior returns and bank statements into your encrypted client folder. We send you a checklist tailored to your filing.

≈ 15 minutes · Day 0

We prepare in Drake

Returns are prepared by a credentialed preparer in Drake Tax. You get a preparer assigned by name — not a queue.

24–48 hours · Days 1–3

You review & approve

A draft return arrives in SmartVault with a one-page summary. Sign Form 8879 electronically once you've signed off.

Same day · Day 3

We e-file & confirm

Transmitted direct to the IRS. You receive the acceptance acknowledgement and a signed copy in your vault within hours.

Same day · Day 3

III. Why Ledgerline

Three pillars, nothing extra.

We picked three things to be excellent at. Trying to be excellent at a fourth tends to dilute the first three.

Pillar I

Accurate to the cent.

Every return is prepared by a credentialed human in Drake Tax, then reviewed by a second preparer before it leaves the firm. Our IRS rejection rate over the last three filing seasons is 0.04%.

Rejection rate 0.04% Two-pass review

Pillar II

Fast — median 72 hours.

From a complete document set to a filed acknowledgement. We run a small, tightly-staffed practice on purpose so that returns never sit in a queue for two weeks during March and April.

Median turnaround 72h Same-day e-file

Pillar III

Cost-effective, not cheap.

Flat rates published below — no estimates that drift upward at signing. Bundling 1120S with bookkeeping or books-cleanup typically saves 15–20% versus separate engagements.

Flat-rate pricing Bundles save 15–20%

IV. Pricing

Flat-rate fees, published openly.

The numbers below cover most clients in each tier. We'll only ask for more if your filing genuinely requires more work — and we'll tell you before we begin.

Starts at

Individual 1040

$185^USD

Federal + one state · standard or itemized deductions.

W-2, 1099-INT/DIV/R, single Sch. C
SmartVault document portal
E-file & same-day acknowledgement
+$95 per additional state

Start a 1040

Starts at · Most popular

S-Corp 1120S

$895^USD

Federal 1120S, K-1s, one state. Reasonable comp review included.

1120S + K-1 for each shareholder
Reasonable compensation review
One state apportionment included
Same-day e-file by March 15

Reserve a slot

Bundle · Save 15–20%

1120S + Bookkeeping

$2,195^/yr

Monthly books reconciled all year, then 1120S filed in March.

Monthly bookkeeping in QuickBooks Online
Quarterly close & cash review
Year-end 1120S + K-1s
Books-cleanup priced separately if needed

Talk to a preparer

V. For S-Corp Clients

The books behind a clean return.

A 1120S is only as good as the ledger it's drawn from. We can keep your books monthly, or come in once to repair what's there — then file the return on top of it.

Discuss bookkeeping

Monthly BookkeepingFrom $240/mo

Reconcile bank, cards and clearing accounts each month. QBO or Xero. P&L and balance sheet delivered by the 10th.

Books CleanupOne-time

For ledgers that haven't been touched in months. Re-categorize transactions, repair opening balances, close prior periods.

Accounting Catch-UpPer period

Prior-year books re-built from statements so 1120S filings, amendments and extensions are defensible if audited.

Business Tax PlanningQuarterly

Reasonable comp targets, distribution timing, retirement deferrals, and estimated taxes — reviewed each quarter.

VI. Security & Data Protection

Your documents live in a vault, not an inbox.

Every document you share with us — W-2s, K-1s, bank statements, IDs — lives inside SmartVault, the same secure-document platform trusted by CPA firms across the country. Nothing is emailed in either direction.

SmartVault encrypts files in transit (TLS 1.2+) and at rest (AES-256). Your account is locked behind 2FA. Preparers see only what they need to file your return, and access is logged.

AES-256 at rest, TLS 1.2+ in transit
2-factor authentication required
IRS Pub 4557 compliant practice
§7216 consent on file before any disclosure
Audit log of every document access
Document retention per IRS & state rules

VII. Frequently Asked

Deadlines, documents, and turnaround.

The questions that come up most in the first call. If yours isn't here, the help center has a fuller list.

Q.01 When is my S-Corp 1120S due, and when should I send my documents?

Form 1120S is due March 15 for calendar-year S-Corporations. Send a complete document set by February 15 to be confidently filed on time. If you bundle monthly bookkeeping with us, your books are already closed and we can file by early March.

Need more time? We file the Form 7004 six-month extension as part of our extension add-on.

Q.02 When is my individual 1040 due, and what does "basic return" cover?

Form 1040 is due April 15. A "basic return" covers W-2 wages, 1099-INT/DIV/R, a single Schedule C for sole proprietors, the standard or itemized deduction, and one state. Add-ons cover prior-year, amended, and extension filings; rental real estate (Sch. E) and multi-state filings are quoted separately.

Q.03 How quickly will my return be filed?

Our median turnaround is 72 business hours from a complete document set — meaning every checklist item is in SmartVault and any open questions are answered. During the last week before each deadline we prioritize already-engaged clients in the order they uploaded.

Q.04 What documents do you need?

For 1120S clients: prior-year return, trial balance or QBO/Xero access, bank and credit-card statements through year-end, shareholder K-1 information, and payroll summaries. For 1040 clients: prior-year return, W-2s, 1099s, ID, and bank routing for refund/payment. SmartVault generates a personalized checklist after intake.

Q.05 Do I need to come into an office?

No. The whole engagement is electronic: intake, document collection, review, signature on Form 8879, e-file, and the signed final return. If you'd prefer a video call to walk through the draft return, we offer 25-minute review calls at no extra charge.

Q.06 Are you authorized to e-file with the IRS?

Yes. Ledgerline is an Authorized IRS e-File Provider (EFIN on file with the IRS). Every preparer holds an active PTIN, and the firm follows IRS Publication 4557 safeguards for taxpayer data.

VIII. The Deadlines Don't Move

Pick your form, let's get filing.

Two forms, two deadlines, one workflow. Tell us which return you're filing and we'll send the SmartVault link and document checklist within the hour.