TAX PREPARATION

We help our small business clients keep more of what they make – and who wouldn’t want that? Our CPA’s look beyond the numbers and due dates, to plan and structure, to flag problems, and to uncover the most favorable tax advantages and strategies for our small business clients.

Our firm’s tax services include:

  • 1040 – Individual
  • 1120 & 1065 – Corporations & Partnerships
  • 941 & 940’s – Payroll Returns
  • California Sales Tax Returns
  • City Business License Renewal

Industries Served

At My Tax Doc Inc, our services mirror the diverse local economy in Los Angeles County. Our firm provides tax and accounting services to clients in real estate development and construction (substantially all land uses and trade types), professional service firms, entertainment industry, photographers, and medical industry. Our depth of knowledge and service capabilities in each industry is extensive.

Industries Served

  • Real Estate & Construction
  • Law / Professional Service Firms
  • Entertainment
  • Creative Art – Graphic Designers, Photographers
  • Medical

TAX AUTHORITY REPRESENT

Representation Before the IRS and Other Taxing Authorities

In a perfect world you would not receive notices from the Internal Revenue Service or ever be audited, but that is not the real world. Our CPA’s at My Tax Doc Inc., are well trained and licensed to represent you before the IRS and state and local taxing authorities. We work with you, and on your behalf, to simplify and expedite the process, minimizing the disruption to your life and business.

Allow our CPA’s to represent you and find peace of mind not normally associated with tax notices and the dreaded “IRS Audit.” We will explain your options and rights throughout the process and keep the taxing authority’s auditor narrowly focused on the issues.

ENTITY & TAX STRUCTURING

One of the first and most important decisions that you will make when starting a new small business is the selection of the type of entities that will own the assets, incur the debt, and/or conduct the operations. Just like your fingerprints, your needs are specific to you alone and, as a result, the choice can be difficult and the cost associated with a bad decision can be substantial.

Your future plans are critical to the selection process. Will you keep capital in the business or distribute earnings? Will you transfer ownership interests often? Is protecting the entity’s assets and your personal wealth from potential claims important? Do you want to make sure there is only one layer of taxation? These are just a few of the factors to consider when selecting an entity type.

Partnerships, LLCs, S-Corporations, and C-Corporations all have unique benefits and distinct disadvantages. Our CPA’s at My Doc Inc, will work with you to explain the differences and help you decide what organization structure, including entity types, best suit your needs.