Tax Preparation

Since 1968, Professional Tax & Financial Services has been expertly and accurately preparing tax returns. We stay up-to-date on the complex and rapid developments and changes with the Internal Revenue Code, Franchise Tax Board, and Payroll Tax. We are eager to help our clients understand how these developments affect them. Using our specialized work sheet system, our income tax preparers will be asking you questions that pertain to your work specific industry. Together, we will uncover all possible tax deductions and tax credits, to maximize your return, and give you the opportunity to invest in your future.

Individuals • Corporate and S Corporate • Estates • Partnerships • Prior Year Returns • Out of State Returns • Phone Appointments & Mail-in Returns

Year Round Availability

Every financial decision you make will have tax consequences, whether positive or negative. At Professional Tax & Financial Services, we are available to answer questions for our clients year round. We encourage our clients to contact us first to discuss the decisions they need to make, and the effects that those choices will have. In most cases, we save our clients both time and money simply by talking to us first. Our financial and tax planning expertise is included in the full service we provide. Feel free to call us today to discuss your tax and financial future.

Personal Tax Planning

Personal Deduction Planning: Taxes, like death, are inevitable. But why pay more than you have to? The trick to minimizing your federal income tax liability is to understand the rules and make the most of your tax planning opportunities. Personal deduction planning is one aspect of tax planning. Here, your goals are to use your deductions in the most efficient manner and take all deductions to which you're entitled. Read more...

Year-End Tax Planning: As the end of the year approaches, it's time to consider strategies that can help you reduce your tax bill. But most tax tips, suggestions, and strategies are of little practical help without a good understanding of your current tax situation. This is particularly true for year-end planning. You can't know where to go next if you don't know where you are now. Read more...

Am I Having Enough Withheld?: If you fail to estimate your federal income tax withholding properly, it may cost you in a variety of ways. If you receive an income tax refund, it essentially means that you provided the IRS with an interest-free loan during the year. By comparison, if you owe taxes when you file your return, you may have to scramble for cash at tax time--and possibly owe interest and penalties to the IRS as well. Read more...

Health-Care Reform: Tax Changes for Individuals: The health-care reform legislation signed into law in 2010 contained a number of tax changes. Some of these changes take effect immediately; others won't have an impact for a few years. Here's a year-by-year breakdown of some of the changes worth taking note of. Read more...

Charitable Giving

When developing your estate plan, you can do well by doing good. Leaving money to charity rewards you in many ways. It gives you a sense of personal satisfaction, and it can save you money in estate taxes. Read more...

Gift and Estate Taxes

If you give away money or property during your life, those transfers may be subject to federal gift tax and perhaps state gift tax. The money and property you own when you die (i.e., your estate) may also be subject to federal estate taxes and some form of state death tax. Read more...

Out of State Returns

We prepare tax returns for our clients throughout the United States and abroad. We have a large number of loyal clients who reside out of state, many of whom started with us while they lived in California, and wanted to stay with us even after they moved out of state. In addition, we have a large number of out of state clients who have come to us through client referrals. We are happy to prepare your return with the documents you send via email, fax, or mail.

Phone Appointments and Mail-in Returns

As a convenience to our clients who are unable to come to our office, we are happy to schedule a phone appointment. Alternatively, you can simply email, fax or mail your tax documents, and we'll take care of everything. When your return is complete, you'll receive your copy via email or mail, whichever you prefer.

Preparing for Your Tax Appointment

Organizing the necessary documents for your tax appointment in advance will allow you and your preparer time for tax and investment review. Please take some time to review the organizer and the appointment checklist.

Click here for a Tax Organizer: 2010_ORGANIZER.PDF

Click here for a list of the documents to bring to your tax appointment: Tax Appointment Checklist.doc

Client Referrals

The greatest compliment our clients can give us is to refer us to their family and friends. In fact, the majority of our clients have come to us through recommendations of the people they trust. As a thank you, we offer $20 gift certificates to our referring clients. Click here for more details...

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