Almost any firm will file your return. But the return is a record of decisions you already made — by the time we are preparing it in March, most of the opportunities from the prior year have closed. Planning happens during the year, while things can still change: whether to buy the equipment in December or January, whether your compensation as an S-corp owner is set at a number you could defend, whether you should be making estimated payments and how much, whether a second entity actually makes sense or just adds a return. That is the half of this service that saves money, and it is why the page is called planning and preparation rather than just preparation.
Frequently Asked Questions
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Should my business be an S corporation?
Sometimes, and later than people expect. An S-corp election can reduce self-employment tax, but it brings a separate return, payroll, and an obligation to pay yourself a defensible salary. Below a certain level of profit the costs outweigh the saving. We will run your actual numbers rather than give you the rule of thumb you read somewhere.
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What if I am behind on my business filings?
That is common and it is fixable. Unfiled business returns tend to be less complicated than people fear, and getting current is usually the first step before anything else can be sorted out. See Back Taxes & Late Filing.
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Do you handle filings in other states?
Yes. If you have employees, property or enough sales in another state, you may have a filing obligation there whether or not you have an office. It is one of the easiest things for a growing business to miss.
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When should I start tax planning?
Before the year ends, and ideally not in December. Most of the useful decisions — equipment, compensation, retirement contributions, entity changes — need time to put in place properly. A conversation in the autumn is worth several in April.
How Business Tax Planning & Preparation Services Work
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Initial Consultation
We look at your business, your entity structure and where you are in the year, then quote you before any work begins. There is no charge for this conversation.
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Business Review & Tax Analysis
We go through your books and filings and make sure everything is complete and consistent. If something is missing or does not reconcile, we come back to you — you will not find out at the deadline that we were waiting on something.
Give us a half hour to discuss your financial needs and you'll see how Malkasian Accountancy's unique, personalized service can help you achieve your objectives.
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Proactive Tax Planning
Before year end, we look at what can still be changed: compensation, distributions, purchases, estimated payments, retirement contributions, and entity structure. This is where the money is.
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Accurate Tax Return Preparation
We prepare your federal and state returns, send them through the secure client portal or by mail if you prefer, and go through the result with you. You sign and pay, and we file electronically.
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Ongoing Support & Guidance
Call us any time. Quarterly estimates, a notice from the IRS or the FTB, a question about a purchase you are considering — that is what the relationship is for.
Ready to talk? Call us at (916) 971-9315 today for your consultation. Someone here picks up — usually in a ring or two — and we will tell you what we can do and what it will cost before you commit to anything.
Schedule a
Free Consultation
We'll talk about what you need and how Malkasian Accountancy can help, whether that's tax preparation, planning, or accounting services.
Our team is ready to assist you. We'll respond as quickly as possible during normal business hours, often the same day.
Client Testimonials
"My husband and I have been going to Jeffrey Malkasian for many years to have our taxes prepared and have been very satisfied with him and his office! I would highly recommend this office!"
Lori Bates
"I have used them for over 10 years. They are professional and personable. They listen and work with your best interests at heart. I recommend them for your taxes and financial advice "
Joe Gencur
"Highly recommend. They have been doing my taxes for 20+ years. Call them today. "
Andrea Meza
"Glen and Jeffrey are always available to answer any business or personal tax questions for the past five years. I'll be a client for life."
David Mead
"Very friendly, helpful, knowledgeable, professional get the job done quick and effectively. Very reasonable pricing."
Stan Thomas
"Yessica is our tax preparer and she does an amazing job. She is very welcoming and patient and answers all of our questions. She looks for every opportunity to save us money. The front desk and phone staff are always friendly and helpful as well. "
Curtis M.
"I’ve been working with my tax preparer Yessica for several years now, and I couldn’t be happier with the service. She is consistently professional, knowledgeable, and incredibly helpful. Every year, yessica makes the tax process smooth and stress-free, taking the time to explain everything clearly and ensuring my husband and I get the best possible outcome. "
Esmeralda Medina
"Great service, I've been a client for 20 plus years "