CPA for Single-Member LLC → C-Corp Election (Form 8832), Payroll Setup & Multi-Year Reconciliation

Posted 4 days ago

Only freelancers located in the U.S. may apply.U.S. located freelancers only

Summary

I'm the physician-founder and sole member of a New Jersey single-member LLC (research company, currently a disregarded entity). I need a U.S. CPA or EA for a defined cleanup-and-setup engagement with a hard decision deadline of ~September 5, 2026. The company is the petitioner on my O-1 work visa, so the compensation structure must support bona fide W-2 employment; you'd coordinate on specific points with my immigration attorney (they handle immigration — you handle tax). Scope: Entity classification: Confirm Form 8832 C-corporation election as the correct path for W-2 owner-employment from a beneficiary-owned SMLLC; select the effective date (75-day retroactivity available); advise on the deemed-incorporation step and prepare/review the 8832 for filing. Flag: the entity has a prior history of corrected returns (2022–2023 corrected to partnership form after invalid S-corp-style documents) — the election must be chosen with that history in view. Payroll setup: Stand up compliant payroll (Gusto) for one employee at $80,000/year, semi-monthly ($3,333.33/check); NJ employer registrations; correct work-location setup. Reconciliation of prior payroll: W-2s were issued for 2023 and 2024 (2024 shows $1,666.67) while the entity's classification and my owner status make that treatment questionable; determine corrections (941/941-X, W-2c, state filings) vs. leave-and-document, with a short written reconciliation memo. Owner compensation history: From mid-2024, compensation came via foreign affiliate payments under (and preceding) a written intercompany payroll-funding agreement. Characterize per contemporaneous records; determine my 2024–2025 Form 1040 impact (I'm likely a U.S. tax resident under substantial presence for those years — please confirm the determination from my day counts), amended returns if needed, and FBAR/FATCA review. Going-forward compliance calendar: 1120 + NJ CBT obligations post-election; estimated taxes; quarterly payroll filings. You should have: CPA or EA credential (please state license/PTIN status); hands-on Form 8832/entity-classification experience; multi-year payroll correction experience; cross-border experience with Korea–U.S. income and foreign-account reporting strongly preferred; availability for a kickoff call within 3–4 days. Process & terms: NDA before records access. Fixed fee or hourly with an estimate per scope item, please — quote them separately so I can phase. Item 1 (election + effective date decision) is urgent; items 3–4 can run through the fall. Please open your proposal with (a) your one-paragraph read on 8832-C vs. alternatives for a foreign-national owner needing W-2 employment, and (b) one example of a multi-year payroll or classification cleanup you've handled — that's how I'll filter.

  • $1,000.00

    Fixed-price
  • Expert
    Experience Level
  • Remote Job
  • Ongoing project
    Project Type
Skills and Expertise
Mandatory skills
CPA
Tax Preparation
Accounting
Activity on this job
  • Proposals:15 to 20
  • Last viewed by client:2 hours ago
  • Hires:
    1
  • Interviewing:
    6
  • Invites sent:
    27
  • Unanswered invites:
    14
About the client
Member since Mar 22, 2022
  • United States
    Newark11:17 PM
  • $31K total spent
    19 hires, 4 active
  • 548 hours
  • Individual client

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