Tax Services
Individual Tax Preparation
Personal tax returns for business owners, investors and professionals whose situation stopped being simple a while ago.
Tax Services
Self-Employed & 1099 Tax
Tax work built for people who invoice rather than get paid: quarterly estimates, real deductions, and no April surprises.
15.3%Self-employment tax rate
4 datesQuarterly estimates
Break-evenS corp analysis included
What is self-employed & 1099 tax?
Self-employed and 1099 tax work covers income reported on Form 1099-NEC or received directly from clients, reported on Schedule C of your personal return. Beyond income tax you owe self-employment tax of 15.3% on net earnings, covering both the employer and employee halves of Social Security and Medicare, of which the employer half is deductible. Because no employer withholds on your behalf, quarterly estimated payments are generally required. Kingsley Accounting Group sets a realistic set-aside percentage, files your estimates, and tells you when incorporating starts to pay for itself.
Sound familiar?
These are the situations that bring people to this service most often.
You made good money and then discovered you owed most of a quarter of it.
You have never made a quarterly payment and are quietly accruing penalties.
You are not sure which expenses are genuinely deductible, so you claim almost none.
People keep telling you to "form an S corp" without ever running the numbers.
What’s included
Every engagement covers the following as standard. Nothing here is an upsell.
- Schedule C preparation with deductions properly substantiated, not guessed
- Quarterly estimated tax calculations and payment vouchers, on a schedule
- Self-employment tax calculation including the deductible employer portion
- Home office deduction: simplified or actual, whichever genuinely wins
- Vehicle and mileage treatment with substantiation that survives review
- Qualified Business Income deduction analysis for Section 199A
- Retirement contribution planning: SEP-IRA and solo 401(k) modeling
- S corporation break-even analysis: at what profit it starts paying off
How it works
Set the baseline
We look at last year and this year to date, then set a realistic set-aside percentage so tax money stops feeling like a surprise.
Quarterly rhythm
Before each deadline we recalculate against actual income and send you the amount, the voucher and the date.
Annual return and review
We file the return, then check whether incorporating, a retirement plan or a structure change is worth it for next year.
What you receive
Set-aside percentage
One number to hold back from every payment: recalculated as income changes.
Quarterly reminders
The amount, the voucher and the deadline, before each due date.
Deduction checklist
What is genuinely claimable in your line of work, and what evidence to keep.
Frequently asked questions
A common starting point is 25% to 30% of net profit for federal income tax plus self-employment tax, and Florida residents have no state income tax to add. Your actual figure depends on total household income, filing status, deductions and credits: we calculate a specific percentage rather than leaving you on a rule of thumb.
For the 2026 tax year the federal deadlines are April 15, 2026, June 15, 2026, September 15, 2026 and January 15, 2027. Paying at least 90% of the current year's liability, or 100% of last year's (110% for higher incomes), generally protects you from underpayment penalties.
The rough guide is around $50,000 to $80,000 of net profit above a reasonable salary, once payroll, filing and administration costs are accounted for. Below that the added cost and complexity usually outweigh the self-employment tax saving. We model it on your numbers before recommending it.
Yes. Renting does not disqualify you. The space must be used regularly and exclusively for business. The simplified method allows $5 per square foot up to 300 square feet; the actual expense method allocates rent, utilities and insurance. We calculate both and use whichever is genuinely better.
Related services
Often needed alongside this.
Tax Services
Tax Planning & Strategy
Proactive planning through the year, because by the time the return is being prepared, almost every lever has already been pulled.
Advisory & Specialty
New Business Setup
Set the business up correctly on day one: entity choice, registrations, accounting system and the handful of decisions that are painful to reverse later.
Ready to talk about self-employed & 1099 tax?
Book a free 20-minute consultation. No pitch, no obligation: just a straight answer about whether we can help and what it would cost.