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We are a team of highly accomplished, professional accountants working to provide comprehensive personal and business tax advisory services.
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Our Services
Individual Tax Planning
A proactive and thoughtfully crafted tax plan can greatly impact income generation, asset protection, and tax minimization.
Estates, Gifts & Trusts
Regardless of the size of your estate, you need to consider the most tax efficient and thoughtful way to transfer your assets to ensure that your family and financial goals are met.
Client Accounting Services
Ensure that your financial obligations are met and track your investments with a statement of net worth.
Business Tax & Planning
We provide your company with meaningful business advice and make certain you are taking advantage of the tax saving opportunities.
Tax News & Tips
Partnership Income Subject to Self-Employment Tax
The tax code classifies partnerships as “flow through entities”. This means that all income is taxable to the partners regardless of whether cash is distributed or not, who report the income on their individual returns The income is not taxed at the entity or partnership level. Each partner will receive a “Schedule K-1,” which details their proportional share of the entity’s income and deductions which they must report on their personal tax returns.
The Qualified Opportunity Zone Fund (QOF) Program: Part Two
Qualified Opportunity Zone Funds (“QOF”s) were introduced in 2017 as part of the Tax Cuts and Jobs Act. Tax on capital gains may be deferred if the gains were invested in a QOF. The 2017 version had the following requirements and corresponding benefits:
Updates regarding California Pass-Through Entity Tax
The California Pass-Through Entity Tax (PTET) election has been a valuable planning tool in recent years, particularly as a workaround to the federal limitation on state and local tax (SALT) deductions. However, recent changes to both Federal and California tax law make the decision on whether to make this election more nuanced than in prior years.