Income Tax Preparation
Handling and support for all tax issues
Income tax preparation can be a complicated task. Most people find at least some part of the tax return preparation process confusing and feel more comfortable seeking the help of a tax preparation specialist. That’s what Icono Financial Services is here for. We are a well-established full-service accounting firm with nearly 40 years of experience in preparing Federal, State and Local income tax returns for California based business and residents.
“We’re dedicated to our clients.”
We've represented clients in audits with the IRS, FTB, CDTFA and EDD. We stay current on federal, state and local tax laws so we’re always ready for any situation that might arise.
Income Tax Filing
Business and personal tax forms
We handle the preparation and filing of income taxes for a wide variety of business entities and personal situations. Whether we’re involved from the start, or jump in when problems arise, we’ll help you obtain the most favorable tax liability allowable. We know how to communicate with the IRS and other taxing authorities to solve issues and expedite audits and we’re always on top of changes and additions to the tax laws.
Our agents will give you the most accurate income tax returns and the largest refunds legally possible and assist you in finding more deductions or breaks to lower your tax liability. If we make an error in the preparation of your income tax returns, which results in penalties and interest, we will reimburse you for the associated penalties and interest, initially assessed.
We will assist you in handling all the IRS and state tax return correspondence, including audits, letters and inquiries about your tax returns.
Our office is open year-round to help serve you better.
Business and Personal Accounts
Entities We Serve
We analyze and prepare income tax forms for federal, state and local taxing authorities for current and/or prior year periods for all types of business entities including:
- “C” Corporation Income Tax Returns
- “S” Corporation Income Tax Returns
- Partnership Income Tax Returns
- Non-Profit Income Tax Returns
- LLC Income Tax Returns
We handle current and prior years tax filings for all types of individual income tax situations including:
- Individual Income Tax Returns
- All States Individual Tax Returns
- Federal and States’ Part-Year Residents
- Federal and States’ Non-Residents
- Foreign Income and Holdings
Tax Planning and Forecasting
Business and personal tax strategy
If you don’t have a tax plan in place, now is the best time to get started. A proactive approach to tax planning is the best way to insure the minimization of your business and personal income tax liabilities. Effective income tax management requires proper planning throughout the year, not just at tax time. The benefit for businesses is that more revenue stays in your bottom line and for individuals, you keep more of your hard-earned money at the end of the year.
If you own an existing business, we’ll develop a tax plan tailored to your industry. We’ll help you set up a strategy to decrease liabilities and direct more revenue towards your bottom line. For new businesses, we can help you determine which incorporating entity is the best option for tax savings and get you started on a tax savings plan focused on minimizing your tax burden and increasing your bottom line. For individuals, we determine the best strategy to minimize personal income tax obligations and plan for life changes that can affect future income and tax burden.
Highlights of our tax planning services include:
- Strategic tax planning for businesses and individuals
- Alternative minimum tax planning
- Trust and estate planning
- Tax planning for non-profit organizations
- Monitoring federal, state, and local tax law changes
- Year-round support
Contact Icono Financial Services today and take the initiative to start managing and reducing your income tax burden.
Free Initial Tax Consultation
Tax planning & audit support
Tax preparation can be a time-consuming and demanding process. Accountants and professional tax preparers at Icono Financial Services guarantee the most accurate income tax returns and the largest refunds legally possible. We’ll assist you in finding more deductions or breaks to lower your tax liability.
We offer a free Initial Tax Consultation for the following services:
- IRS audit support
- Sales tax audit support
- Payroll tax audit support
- Business & personal income tax planning
Contact us today to set up your free consultation!
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