Tax Planning, Preparation and Representation
I will keep you informed of changes in the tax laws on this website, so visit often. I will do whatever is necessary to keep you from incurring late filing penalties and search out the least taxing way to comply with our very complex tax laws. I encourage planning meetings after the end of tax season and before year-end, so please schedule an appointment.
I have prepared tax returns for residents of many states beside California. Some have been California non-residents with a California filing requirement, and others have moved out of state and continued to engage me. I therefore, know the rules for many other states, and the differences that can occur in tax treatment between California, federal and other states’ tax laws.
My past experience in international taxation can be especially helpful to immigrants and non residents, or for those thinking of working abroad and wanting to take advantage of the foreign earned income credit.
In the event of an audit, I can represent you before governmental authorities. Of course, my tax preparation methodology attempts to avoid this outcome by questioning apparent anomalies on the face of the return. My goal is to be prepared, in advance, for any eventuality.
Retirement Planning
I believe strongly in saving early and often and in planning for retirement and accumulation expenditures early in life. Everyone must plan to provide for his or her own retirement and I will give to you the information you need to decide what vehicles to use, e.g., Traditional or Roth IRA, SEP IRA, SIMPLE IRA, etc. One must harness the power of compounding. I can also assist you with budgeting, savings and debt management.I can assess your estate planning needs and refer you to attorneys who will draft documents appropriate to your situation.
Small Business Assistance
I can counsel you on the best entity (sole proprietorship, partnership, LLC or corporation) for your circumstances. Each has its own positives and negatives, making the decision complicated.
I can assist you with the purchase or sale of your business. I can provide guidance on the most favorable allocation of purchase and selling price to the assets being bought and sold.
I can help you with your bookkeeping problems in the way you want to be helped. I can assist you in maintaining your records in QuickBooks, Quicken, or my new personal favorite, Moneydance. Or I will do your bookkeeping for you, if that is your desire.
Financial Reporting
I can prepare compiled financial statements for your personal or business finances. These might be required by outside parties, such as banks, lessors and insurers. The statements are prepared on the accrual or cash basis of accounting, depending on which are appropriate for the financial statement users.
