Our firm offers a wide range of services to our individual and small business clients. Because our firm is relatively small, clients benefit by getting personalized quality service that is beyond comparison.
ITIN Renewal for your spouse or dependent on your income tax return can be done now instead of waiting to renew during the peak tax season between Jan – Apr. If your spouse or dependent has an ITIN with middle digits of 70,71,72 or 80 you should contact our office to renew the ITIN.
Notice CP-48 If you are in receipt of Notice CP-48 from IRS you have a spouse or dependent on your income tax return that needs renewal of ITIN. You should contact our office to renew the ITIN.
Each engagement is customized for our clients to ensure that we provide cost-effective, valuable services. We strive to become your trusted business advisor. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
- Streamlined Compliance Procedures
- Foreign Asset Reporting
- FBAR filing
- FATCA Tax Returns
- Amended Tax Returns
- Renewal and Application Of ITIN
- Non-Resident Taxation
- Student F1 / OPT Tax Returns
- H-1 / L1 Tax Returns
- Individual Tax Planning and Preparation
- IRS representation
- Financial Planning
- New Business Set Up
- Business Consulting
- Set up record keeping systems (manual or computerized)
- Small Business Tax Planning and Preparation
- Reasonable Compensation Study As an Owner Of Your Own Corporation
- State Sales Tax Returns
- Personal Property Tax Returns
- Review past years returns
- ITIN Application and Renewals
- Year–round service and availability with quick response
- Stock Options
- Rental Properties
- Payroll & Book-Keeping
Areas of Specialization
Streamlined Filing Compliance Procedures
Missed reporting foreign income, foreign assets or FBAR for past years and want to get in compliance. We can help you get on track with minimum cost. IRS has made it easy to get in compliance if you qualify. Every case is different so have your individual situation reviewed by a tax expert to determine the most advantageous route in the light of new rules announced by IRS on June 18 2014. Streamlined procedures do provide a basis on which to re-enter the U.S. tax system without draconian penalties.
Tax Planning & Preparation
Tax planning is the key to successfully and legally reducing your tax liability .Tax planning and preparation form a winning combination for our successful individual and business clients. . By making tax planning part of your overall business strategy, you can use our experience and access to the most current new developments in the tax laws. We help you customize the best possible plan for you to minimize your taxes not just at the end of the year but all throughout the year. We are experienced in all facets of tax preparation. We prepare tax returns for individuals, businesses, partnerships, LLCs as well as gift tax returns. We offer professional preparation of federal, state, and local tax returns at competitive, affordable rates. We develop tax strategies that take advantage of new tax laws and legislation. We will ensure that you consider all of your legal deductions so you realize your full tax benefit. We electronically file federal and state tax returns at no additional charge.
Reasonable Compensation Study
We offer the services of determining reasonable compensation for your own S Corporation owner or C Corporation owner per IRS rules and guidelines. As a S Corporation owner you much take at least the required compensation or as a C Corporation owner how much is the max you could take before getting questioned by IRS being reasonable.
Notice CP2000 CP3219A and the Like
We handled hundreds of CP2000 notices from IRS. Majority of the notices ended up in favor of the taxpayers with either penny to a dollar payment or even refunds of money instead of demand of payment from IRS. If you have self prepared the tax return and do not understand the notice that come from IRS that is the time you want to put an end to your DIY strategies and time to call the professional who can be on your side.
Audits can take up significant time gathering records and can become a very stressful experience trying to figure out the tax laws. Let a federally licensed enrolled agent assist you. We have experience dealing with many taxing authorities and can properly represent you before the various federal and state tax agencies. During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Stock Options, RSU, ESPP
If you have been granted any stock options under any of the heads coined as ISO, RSU or ESPP you do need professional help. Tax rules surrounding stock options are complex and filing a Tax return without professional help means donating your hard earned money to our friends at IRS. If you plan to donate your hard earned money to IRS without a plan go ahead and prepare your return by yourself or at least get it professionally reviewed before you file your return.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
Small Business Tax Planning and Preparation
As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits! We provide you, the small business owner, with the financial guidance, tax and accounting support, as well as exemplary service to help you achieve your financial and business goals.
Business Entity Selection
Choosing the form of entity of your business (e.g. corporation, sole proprietor, limited liability company) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
We help you COMPLY with your tax obligations and get you the MAXIMUM REFUND you deserve at a reasonable price.
Our business location has been serving the entire Bay Area including the cities of :
- Los Altos
- Los Altos Hills
- Santa Clara
- Mountain View
- Palo Alto
- San Jose
- Los Gatos
- San Francisco
for more than 2 decades. We diversified and started our Tax business in 2007. We provide the convenience of getting your Tax Preparation done in one stop by preparing your taxes, E-Filing, Documents Notarization. You may also Mail it to the IRS and the FTB by Certified Mail, FedEx or UPS from our location.
You get the job done at our location in ONE STOP instead of running around to three different places to get the same job done.
We provide the CONVENIENCE of one stop to take care of all your Tax Preparation needs.
We Are Here To HELP if you know what you want and have the right expectations.
We were also there at Google!
Take Your Parents To Work Day Sep 7 2017. Proud Parents Of Googler
Parents Day Sep 10 2015. Happy Parents Of Googler
Check out Modi’s Tax on Yelp!
Go East or West Modi’s Tax is always the BEST
“We make filing your taxes a less taxing experience.”
Call us for an initial consultation (408) 735-7351
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