What’s Happening at Filing Express:
25% Growth, Tax Season Wins & What’s Next
As we wrap up our first official tax season as a full-service accounting firm, we’re proud to announce that Filing Express saw a 25% increase in new clients — a major milestone in our evolution beyond ITIN processing into full-spectrum financial services.
This growth didn’t happen by chance. It came through deliberate investments in better processes and working in areas we felt we could have been better, transparent pricing, and real-time advisory. We also obtained our accreditation as an authorized IRS E-File Provider, so the days of referring our clients to partnered firms are over. Our next mission is to roll out our tax advisory program, designed to provide next-step planning once your filings are done — whether that’s scaling your entity structure, managing cash flow, or preparing for mid-year reviews.
Looking ahead, we’re focused on helping small business owners:
- Prepare Q2 estimated tax filings
- Set up S-Corp conversions for 2025
- Implement proper accounting systems to support loan and investment readiness
If you haven’t scheduled a mid-year business check-in, now’s the time. Stay tuned for our emails where we will be offering more information from our Tax Division at Filing Express.
Blog Highlight: Accounting Is the Key to Unlocking Funding for Small Business Owners
This week’s blog dives into a topic we see entrepreneurs overlook far too often: Your accounting is your capital access gateway.
In 2025, lenders, grant providers, and even equity investors are tightening their due diligence. If your books are messy or incomplete, you may miss out on five- to six-figure funding opportunities—even if you qualify on paper.
In the blog, we unpack:
- How inconsistent reporting can kill your loan application
- What investors look for in financial statements
- Why timely bookkeeping boosts negotiation power
- How to set up a financial system that supports your funding goals
With interest rates still elevated and underwriting more selective, your accounting system could be the edge that wins funding — or the gap that costs you.
Read the full breakdown: How Accounting Impacts Small Business Owners’ Access to Financing and Funding
Economy Report: The State of Small Business in 2025 — What You Need to Know
May marks Small Business Appreciation Month, and this year, entrepreneurs deserve a standing ovation. Despite headwinds, small businesses continue to be the fastest-growing employment sector in the U.S., accounting for over 60% of new job creation this year alone.
Key updates every entrepreneur should know:
Interest Rates Remain Restrictive
With the Fed holding rates steady above 5%, capital is expensive — and banks are requiring more documentation and tighter credit profiles for approvals.
Access to Capital Is Tightening
A recent Goldman Sachs report revealed that over 65% of small business owners have seen a decline in access to traditional funding since Q1. Non-bank lenders are stepping in, but they come at a higher cost.
What’s Trending:
- Business credit readiness is top priority
- Automated accounting is driving faster funding decisions
- Entity structure reviews are up as owners seek tax optimization and liability protection
Mid-Year Recommendations:
- Review your financials for accuracy before Q3
- Benchmark your burn rate, margins, and tax position
- Meet with your advisor to evaluate your 2025 strategy now
Need help preparing for a mid-year strategy session? We’ll help you map your next six months with clarity and confidence.
Tax Strategy Spotlight: The S-Corp Salary/Distribution Split Explained
One of the most effective ways to reduce your self-employment tax burden is by electing S-Corporation tax status and leveraging a salary/distribution split.
Here’s what that means:
- You pay yourself a reasonable salary (subject to payroll tax)
- Remaining profit is taken as a shareholder distribution (not subject to self-employment tax)
This method legally reduces tax liability and increases after-tax income, especially effective for solopreneurs, consultants, and agency owners.
Example:
On $150,000 in profit:
- Pay yourself $70,000 as salary
- Take $80,000 as distribution
- You could save up to $8,000–$10,000/year in taxes
Warning: The IRS watches this strategy closely. It’s critical to determine what qualifies as “reasonable compensation.” That’s where we come in.
Want to know if this works for your business? Schedule a tax planning session today.
Filing Express Success Snapshot: 25% Growth, 5-Star Momentum & New Partnerships
Q1 and Q2 have been transformational for Filing Express. Some key wins worth celebrating:
- 25% new client growth this tax season alone
- Maintained an average Google rating of 4.9 stars and we’ve crossed over 1,000 reviews
- Launched multiple strategic referral partnerships with law firms and service providers
- Introduced our Tax Advisory Program to handle year-round compliance for high-growth entrepreneurs
Our mission is clear: become the most trusted back-office solution for growth-minded founders. And we’re just getting started.
Strategy Talk: Your Business Deserves a Mid-Year Advantage
We built this newsletter to give you the insights you can act on. If you’re not sure how the IRS rule changes, funding environment, or tax planning strategies apply to your business, don’t guess — ask.
Our team is here to help you protect what you’ve built and position it to grow. Whether it’s a compliance check, a bookkeeping upgrade, or a second opinion on your tax plan, we’re just an email away.
Book a discovery call or email us directly at info@filingexpress.com
We’ll see you next week in the next edition of The Filing Insider — stay sharp, stay structured, and stay ahead.
— The Filing Express Team
