Represent Taxpayers before the IRS and California tax agencies. The Representation Engagements are three phases: Phase 1: Investigation & Evaluation, Phase 2: Compliance & Phase 3: Resolution.
The Phase 1 of the resolution process involves:
This Phase 1 Is Required. Full payment of fee is required before commencement of any representation engagements.
This Phase 2 is OPTIONAL - if taxpayer have filed all required taxes up-to-date or no further action required as per the IRS/FTB.; then, proceed to the Resolution Phase - Phase 3.
To resolve any tax due matter, the revenue or collection officer will required that all due tax returns are filed to determine the total balance due and the appropriate resolution options.
Fee for compliance work and engagement stated in the compliance fee schedule section of the estimated fees.
The Resolution Phase is also OPTIONAL. If the outcome of the transcripts investigation and case evaluation with the IRS/FTB determined that no action is needed on the part of the taxpayer.
However, here are typical resolution options - engagement fee/s will be based on scope, complexity and tax debt amount.
Represent taxpayer when audited by the IRS/CA Tax Agencies. The estimated audit representation fees will be based on the scope, nature, complexity, years involved, audit types and other emerging factors.
Typical Audit Representations:
Representation requires payment of 50% of the estimated fee agreed upon as retainer before the commencement of representation.
THESE ARE ESTIMATED STARTING VALUE OF COMPLIANCE WORK! ACTUAL FEES ARE BASED ON TIME AND COMPLEXITY OF RETURNS.
Individual Tax Returns - Non-itemized filers.
Individual Tax Returns - Itemized Filers - Including Schedule A & Charitable Contributions
Tax form you file with your Form 1040 to report income and expenses for your business. The resulting profit or loss is typically considered self-employment income.
California - Single Member Limited Liability Company (SMLLC) Return.
To report the following: The sale or exchange of a capital asset not reported on another form or schedule. Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit.
To report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in real estate mortgage investment conduits (REMICs)
Provides information about the amount of advanced premium tax credit (APTC) that was paid during the year to your health plan in order to reduce your monthly premium
To figure and claim your education credits, which are based on qualified education expenses paid to an eligible postsecondary educational institution.
Upon request and fee paid, filing return extension. Fee paid is refunded as credit toward the return preparation fee.
The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break.
Partnerships file an information return to report their income, gains, losses, deductions, credits, etc.
Report the income, gains, losses, deductions, credits, and to figure the income tax liability of a corporation.
Report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.
Form 990 is the IRS' primary tool for gathering information about tax-exempt organizations, educating organizations about tax law requirements and promoting compliance. Organizations also use the Form 990 to share information with the public about their programs.
Required to commence the amendment of your return. Fee paid is refunded as credit toward the amended return preparation fee.
Required to commence the amendment of your return. Fee paid is refunded as credit toward the amended return preparation fee.
Accidental book-keeping and accounting clean-up prior to returns preparation. This is an hourly fee service and it is based on its complexity, volume of transactions and financial records.
Tax advisory services for smart and efficient tax saving strategies and decision. These are estimated fees. Actual fees are based on the nature and complexity of the tax issues, and the scope of engagement.
Provides well-researched tax planning, strategies and advisory to taxpayers (individuals) focusing on:
Regular tax planning provides taxpayers the opportunity to implement strategies to save money on taxes, and thus improve their bottom-line.
Tax planning strategies are all year-round activities to take advantage of the tax code.
Tax advisory to businesses cum tax planning and strategies with emphasis on:
Tax advisory provides businesses opportunity to evaluate strategies to save money on taxes and improve their bottom-line - profitability.
All STARTING VALUES of our services stated herein are estimation only! The actual fees will be based on scope, time, nature and complexity of the tax matter. We have the right to withdraw from any case at any time. Failure to pay agreed upon fees will result in suspension of representation, followed by cessation of representation.
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