Our tax services include planning & preparation of tax returns, audits & problem resolution, collections & lien resolutions, advisory, pre immigration & post immigration tax compliance, reporting and disclosure of Foreign Assets.
We do tax planning and preparation for individuals, corporations, partnerships, trusts, Limited Liability companies and nonprofit organization. We adopt creative and innovative approach to suite clients unique tax needs. We work closely with every client and ensure prompt and quality services are delivered. We have an end to end automated process for gathering tax data, preparation of tax return and filing the tax return.
Each year IRS conducts audits on individuals and businesses to ensure that they are compliant with the US tax laws. We strategize the audit approach, systematically collect and organize audit documents and represent clients before government agencies. We specialize in representing clients before Internal Revenue Services, Franchise Tax Board, Board of Equalization, Employment Development Department, and City of Los Angeles office. We have a very high success rate of bringing to closure several audits with minimum tax burden to the clients.
Many taxpayers find dealing with IRS frustrating, time consuming, and intimidating to negotiate tax relief settlement or put an end to their lien problems. Having dealt with IRS for several years, we thoroughly understand the nuances of tax laws that govern collections, liens and levies of IRS and state agencies.
We assist our clients in resolving their collections and lien issues by negotiating a payment plan or filing IRS collections appeals or if required filing an offer in compromise before federal as well state agencies.
Our team consists of experienced professionals in domestic as well international taxation.We advise clients on tax implications of cross border transactions. We do thorough analysis of tax treaties and recommend tax efficient options to meet their objective.We also assist clients in fling informational returns like Form 5471, Form 5472,Form 8832 and Form 8858 for international transaction comply with Federal and State disclosure requirements.
Our Pre & Post immigration services comprise of extensive analysis of clients income, income producing assets around the globe, client's citizenship/residency status, entity structure, and their implications both under US tax laws as well as foreign country's tax laws.
Considering the factors above, we assist our clients to strategize & structure their operations and comply with income reporting & disclosure requirements under US tax laws post change of their immigration status.
Reporting and Disclosure of Foreign Assets
We assist our clients in assessing their Foreign Bank Account Reporting (FBAR) filing requirements by evaluating their foreign bank accounts and other assets. We also have considerable experience in helping taxpayers to navigate the IRS guidelines and minimize their potential penalties through the IRS Offshore Voluntary Disclosure Initiative ('OVDI') or quiet disclosure. In these matters, we work with leading tax law firms cross United States.