•Tax Preparation Services

We can prepare and file all of the following types of tax returns:
•Personal tax returns
•Business tax returns
•Corporation tax returns (S-Corporation, C-Corporation)
•Partnership tax returns
•LLC (Limited Liability Company) tax returns
•Nonprofit organization tax returns
•Estate tax returns
•Trust tax Returns
•Unfiled tax returns
•Amended tax returns
•Out of state tax returns

We can prepare and file your business and personal taxes for all 50 states:

•Business Startups

Having a good business idea and the capital to starting a new or an existing business is the first step to becoming a business owner. The next several steps require our expertise and the work can vary depending on the type of business, whether it is a retail or service based business, the location of your businss, the products or services you are going to sell and other factors. However, in general you will take the following steps to start your business:

Determining the type of entity such as
A Corporation (S-Corporation, C-Corporation), LLC (Limited Liability Company), Nonprofit Organization or a DBA/Fictitious Business Name.

Then, after determining the type of entity your business will operate under, in addition to host of other factors, you may have to register your business with various governmental agencies such as the IRS (Internal Revenue Service), FTB (Franchise Tax Board), EDD (Employment Development Department), BOE (Board of Equalization), SOS (Secretary of State), County Registrar, etc.

These steps do vary, so please be sure to call us for a free consultation before taking any additional steps.

•Incorporation Services

Whether you want to incorporate your existing California business or start a new corporation in California, we can help.

We can help you with:
•Form a Corporation/Incorporating (S-Corporation/C-Corporation)
•Start an LLC (Limited Liability Company)
•Start a Nonprofit Organization (or Nonprofit Corporation)
•Convert your existing business into a Corporation or an LLC.

•DBA/Fictitious Business Name Filing and Publishing

An individual, a corporation or an LLC may be able to use another name to do business, generally known as a DBA (Doing Business As). A DBA is also referred to as a Fictitious Business Name which must be registered and published before legally using the name. We will register and publish your DBA as required by law.

•Bookkeeping Services

You don't have to spend any more time tracking your income and expenses. That is why we are here. We can track your income and expenses, pay your bills, and even contact your vendors in case or an error to help you avoid paying unnecessary penalties and late fees. You will be more informed about the activities of your business as you will receive monthly financial statements summarizing the activities of your business. Also at year end, we will provide you with annual financial statements to deliver to your CPA/Accountant to prepare your business income tax return. This will relieve you from guessing the numbers that should have been otherwise kept track of. In case of an audit, accurately prepared financial statements and source documents can be the difference between winning and loosing.

•Part-Time Controller/Business Management Services

This position includes the expertise of a controller and a bookkeeper to provide you with the most value for your money. As your personal controllers we will look out for your company year round. There are many federal, state, and local tax preparation and filing requirements that may apply to your business throughout the year that we will track, inquire about, file, and pay on your behalf. As your personal bookkeepers we will record your income and expenses and provide you with a timely and accurate daily, monthly, quarterly, and annual financial statements that will summarize your revenues, expenses, assets, liabilities, and equity account balances year round.

•Payroll Services

Payroll tax withholding is a requirement if you hire employees. It requires an initial registration. It requires payroll tax withholding, payroll tax return preparation and remittance of the withheld payroll taxes to various governmental agencies throughout the year.

We will properly register your business the EDD (Employment Development Department) and all the other required agencies as required by law, will properly withhold payroll taxes, prepare and file your payroll tax forms and timely remitt your payroll tax withholdings to the various governmental agencies.

•Sales Taxes

If you are selling products that are subject to a sales tax in California then you must register with BOE (Board of Equalization), prepare and file sales tax returns, collect and submit the sales tax to the government. We will help you each step of the way from registering with the Board of Equalization, filing your sales tax return, to calculating and paying your sales taxes to the BOE.

Sales taxes are not charged on every item sold and on some items sales taxes may be required to be charged in addition to other fees such as a CRV. As your expert business consultants, we will help you resolve the "what, when, where, and how" of the sales tax mystery.

•IRS, FTB and EDD Audit Representation/Assistance

Generally, an IRS audit starts with an IRS Letter and results in you paying additional taxes and penalties. Regardless how organized you think your books are and how small you think your tax penalties will be, it is always worth a call to our office for a free consultation. Please call us as as soon as you receive your audit letter as more time can mean more interest and penalties. Not to mention, your credit score can also be reduced. Depending on the audit, they may audit several prior years and follow up with you again in the future years to make sure you have reported things accurately. The bottom line is that IRS audits generally result in you owing more money and things can be a lot worse if you decide to take the IRS on alone as they will ask you detail questions and you may not have the answer. Jerry Avetisyan is an experienced tax CPA that can help you prepare for your audit and can represent you in front of the IRS. He also has access to a network of experiences prior IRS tax attorneys and will put his network in use for you to help help you minimize your IRS tax burden.

•Nonprofit Organizations

It you have a great charitable idea then it may be the time to start a new Nonprofit Organization to give back to the community. Whether it's a 501c3 nonprofit organizations or otherwise, we will help you each step of the way from forming your Nonprofit Corporation to making sure you are incompliance with the IRS rules and regulations.

Starting a Nonprofit Organization generally starts with forming a Nonprofit Corporation. Then, depending on your nonprofit purpose, you may be eligible to also apply for a 501c3 tax exempt status. Upon your 501c3 approval, donations made to your nonprofit organization man be tax deductible and the income earned by your nonprofit organizations may be nontaxable.

•EIN (Employer Identification Number) Application

EIN (Employer Identification Number) may be required depending on your business which will be used to identify your business with the IRS, open a bank account, issue 1099s, etc. Generally, certain entities are required to obtain an EIN before operating. In fact, before opening a business checking account for corporations and certain other entities, most banks will require an Employer Identification Number. We will help you apply for an EIN if your business should have one.

•Late S-Corporation Election Relief

Forgot to file for an S-Corporation election on time? We may be able to help. Just give Jerry Avetisyan, CPA a call for a free consultation.