Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. My firm offers a full range of professional services and will give you the individual attention that you deserve.
I will thoroughly and conscientiously study your personal situation, and tailor my advice to your specific needs.
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Tax & Accounting |
Tax Problems & Resolution |
Tax & Accounting
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. I can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having me on your team, you are more likely to benefit from those opportunities. I understand how the latest federal, state, and local tax legislation and other developments affect you and your business and I am constantly identifying new ways to reduce federal, state or local tax liabilities. Tax returns and schedules that my firm regularly prepares include:
- Schedule C small businesses and those that file as an LLC.
- Schedule D for capital gains and losses as well as Sale of Home.
- Schedule E for rental income.
- Forms 1099-NEC for gig workers and contract workers.
- Forms 1099-B for brokerage transactions and those that trade frequently.
- Form 1120-S for single a member S-Corp and LLC.
- Form 568 in California classified as disregarded entities (single-member LLCs) or partnerships (multiple-member LLCs) file.
- In addition, I prepare multi-state tax returns for many clients who live out of the State of California or have filing requirements in other states.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. I can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. I am available to handle all estate and trust tax-related matters.
Unfiled Returns
If you have neglected to file a tax return from a previous year or years you should do so immediately–even if you think you can’t pay. The penalties and interest you may face for not filing a return are often much worse than if you file but do not pay in full. In other words, you have nothing to gain by not filing tax returns except hefty fines and possible jail time. I have the expertise you need to straighten out your misunderstanding with the IRS.
Once we have filed your missing returns, I can help you work out a payment plan or an Offer in Compromise. Please note that the IRS will not accept any payment arrangement or revoke a lien or levy until all delinquent tax returns are filed. Contact me today to learn more about filing your overdue tax returns.
Bookkeeping
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, I can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, I can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Bookkeeping services are provided through Hurst Bookkeeping. Danielle will give you 5-star service and can help you with all your accounting needs.
Office: 925-240-4009 Mobile: 707-536-8639
6163 Bethel Island Rd Bethel Island CA 94511
- Bookkeeping with QuickBooks desktop and QuickBooks Online
- Form 940 Payroll tax return
- Form 941 or 944 FUTA tax return
- Sales Tax Return
- After the fact bookkeeping
Tax Problems & Resolution
Tax Representation and Resolution
There are many issues that can arise between taxpayers and the IRS. If you are facing an audit, lien, or wage garnishment your future and reputation are at stake and you should take immediate action. But going it alone can be a time-consuming nightmare and sometimes result in a worse outcome. I am uniquely qualified to resolve your tax problems and represent your best interests before the IRS and other tax authorities.
IRS Audit Representation
Have you received a Notice of Audit and Examination Scheduled from the IRS? An IRS audit is a review of an organization’s or individual’s accounts to ensure information is being reported correctly. Ignoring an audit usually means the IRS files your return for you and you end up paying much more. An IRS audit is a serious situation, but with experienced help most tax difficulties can be resolved. You don’t have to face an audit alone. I am qualified to represent you before the examination division of the IRS. Oftentimes I can save taxpayers many times the cost of representation and quickly bring the audit to a close.
Offer in Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or if doing so would create a financial hardship. The IRS will generally approve an offer in compromise when the amount offered represents the most it can expect to collect within a reasonable period of time. But the Offer in Compromise program is not for everyone. I will analyze your financial situation to see if you are eligible. If you do not qualify for an offer in compromise, I can recommend other payment options that will resolve your tax debt.
Injured Spouse Relief
You may qualify for Injured Spouse Relief if the IRS uses the refund from your joint return to offset certain past-due debts that are the sole responsibility of your spouse or former spouse, such as taxes, child support, or student loans. Injured Spouse Relief should not be confused with Innocent Spouse Relief. You may be classified as an Injured Spouse if you do not receive your portion of a refund because of your spouse’s debt, whereas Innocent Spouse Relief applies to debt for which you are technically co-responsible, but not liable because of circumstances. Whatever the cause, I can help you rectify an unfair tax liability and get you your money. As a tax expert, I will closely examine your case to see if you qualify for Injured Spouse Relief and/or any other IRS Relief programs.
Innocent Spouse Relief
Many married taxpayers file a joint tax return because of the benefits this filing status allows. Unfortunately, the opposite is also true. If you filed a joint return with your spouse or former spouse, you may be held liable for the taxes, interest, and penalties–even if it was your spouse who earned the income and/or claimed improper deductions or credits. This is true even if a divorce decree states that your spouse will be responsible for any amounts due on previously filed joint returns. If the IRS is holding you responsible for your spouse’s or former spouse’s fraud or negligence, I can help. Our experienced representatives will quickly determine if you qualify for tax relief and then negotiate with the IRS for the outcome most favorable to you.
There are three types of relief available.
- Innocent Spouse Relief By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse did something wrong on your tax return.
- Separation of Liability Relief Under this type of relief, you divide the additional tax owed from your joint return, plus penalties and interest, between you and your spouse (or former spouse).
- Equitable Relief If you do not qualify for innocent spouse relief or separation of liability, you may still be relieved of responsibility for tax, interest, and penalties through equitable relief.
Don’t be the victim of someone else’s mistakes or dishonesty. Contact us today to see if you qualify for Innocent Spouse Relief or other IRS tax relief programs.