Take Control of Your Finances
Serving Clients Nationwide
At Precision Tax & Accounting Services, we combine a small operation with a big business mindset. We are presently serving clients in 14 states. As a family-owned business based in Moreno Valley, CA, we take great pride in offering top-notch tax preparation and bookkeeping services to clients nationwide.
We understand the unique financial challenges faced by small businesses and families. Our dedicated team of professionals is committed to providing personalized service, guiding you through the intricacies of managing your finances with precision and expertise.
Commercial Services
Income Tax Services
Federal & State Income Tax
Our team specializes in preparing and filing income tax returns for businesses. We stay up-to-date with the latest tax laws and regulations to ensure accuracy and maximize your deductions. Let us handle the complexities of federal and state income tax preparation, allowing you to focus on running your business efficiently.
Unfiled Back Taxes
If you have unfiled back taxes, don’t worry – we’re here to help. At Precision Tax & Accounting Services, we understand that dealing with overdue taxes can be overwhelming. Our team will work closely with you to assess your situation, gather necessary documents, and file your overdue tax returns to bring you into compliance.
Sales Tax
Managing sales tax can be complex and time-consuming for businesses. At Precision Tax & Accounting Services, we have the expertise to handle your sales tax needs. We will ensure that you remain compliant with sales tax laws, accurately calculate and report sales tax, and complete all necessary filings promptly.
IRS Representation
If you’re facing an IRS audit or dealing with tax issues, having proper representation is crucial. Precision Tax & Accounting Services provides expert IRS representation services, acting as a liaison between you and the IRS. Our experienced professionals will handle all communication, assist with documentation, and negotiate on your behalf to reach the best possible outcome.
Electronic Filing
We offer convenient and accurate electronic filing services for business tax returns. With electronic filing, you can enjoy a streamlined and efficient tax preparation process while ensuring timely submission to the appropriate authorities.
Financial Services
Bookkeeping
We offer comprehensive bookkeeping services for businesses. Whether you need system set-up or regular write-up services on a monthly, quarterly, or annual basis, our experienced professionals will ensure accurate and organized financial records. By outsourcing your bookkeeping needs to us, you can focus on core business activities and make informed financial decisions based on reliable data.
Accounting Services
Our accounting services are designed to provide businesses with accurate and timely financial information. From general ledger maintenance to financial analysis and reporting, Precision Tax & Accounting Services handles all aspects of accounting to keep your financial records in order. With our expertise, you can gain a clear understanding of your business’s financial health and make strategic decisions for growth and profitability.
Financial Statements
We prepare precise and informative financial statements to help you assess your business’s financial position and performance. We will generate comprehensive balance sheets, income, and cash flow statements, giving you a comprehensive view of your company’s financial health. Our team will help you interpret these statements, identify areas for improvement, and make sound financial decisions.
Payroll Services
Precision Tax & Accounting Services offers complete payroll services to ensure accurate and timely payment of your employees and compliance with payroll tax obligations. From calculating wages and preparing payroll checks to managing withholdings and deductions, our payroll experts handle every aspect of the payroll process. We stay updated with the latest payroll regulations and maintain strict confidentiality to provide you with peace of mind.
Tax Planning
Our tax planning services are designed to help businesses minimize their tax liabilities while remaining compliant with tax laws. We analyze your financial situation, identify potential tax-saving opportunities, and develop a customized tax strategy tailored to your business. Proactively planning and optimizing your tax position, we help you retain more of your hard-earned money and achieve your financial goals.
Audit Representation
If your business is facing an audit by tax authorities, Precision Tax & Accounting Services is here to offer professional audit representation. Our experienced team will guide you through the audit process, collaborate with the auditing agency, and ensure your rights are protected. We will work diligently to represent your best interests and help resolve any issues that arise during the audit.
Estate & Trust Planning
Precision Tax & Accounting Services provides comprehensive estate and trust planning services. Our experts will assist you in creating a well-structured plan to manage your assets, maximize wealth transfers, and minimize estate tax burdens. Whether you need assistance with estate planning, trust administration, or safeguarding your legacy, we are here to provide personalized solutions that align with your long-term goals.
Personal Income Tax
Our personal income tax services are geared towards small or medium-sized business owners. Precision Tax & Accounting Services will ensure your personal tax returns are prepared accurately and filed on time, taking advantage of all eligible deductions and credits. Let us handle your personal income tax requirements while you focus on managing and growing your business with peace of mind.
Speak with Our Team!
Personal Services
Comprehensive Review & Assessment
Precision Tax & Accounting Services provides a comprehensive review and assessment of all tax and related documents for individuals. Our experienced professionals will carefully examine your financial records and help you identify any potential areas of concern or opportunities for tax savings. Trust us to ensure accuracy and maximize your tax benefits.
Electronic Filing
We offer rapid electronic filing services for individuals, ensuring prompt submission of your tax returns and quick refunds. Our team at Precision Tax & Accounting Services uses state-of-the-art software and encryption techniques to ensure the security of your personal information during electronic filing. Experience the convenience and efficiency of electronic filing while we handle the complex process on your behalf.
Tax Planning
Our tax planning services for individuals go beyond the taxation period. Precision Tax & Accounting Services works with you throughout the year to develop a comprehensive tax strategy, optimizing deductions, credits, and exemptions to minimize your tax liabilities. With our expertise, you can proactively plan your finances and make the most of tax-saving opportunities.
Personal Income Exemption
At Precision Tax & Accounting Services, we ensure an informed application of any pertinent Personal Income Exemption. Our team stays up-to-date with the latest tax laws and regulations to help you take advantage of all eligible exemptions, reducing your taxable income and potentially lowering your overall tax liability.
Risk Management
We provide risk management services to help individuals minimize the risk of federal or state income tax audits. Precision Tax & Accounting Services will review your financial records, identify potential red flags, and implement strategies to reduce the likelihood of an audit. Our goal is to help you navigate the tax landscape with confidence and reduce the stress associated with audits.
IRS Representation
If you are facing an IRS audit or dealing with tax issues, having proper representation is crucial. Precision Tax & Accounting Services offers expert IRS representation services for individuals including Offer in Compromise. Our experienced professionals will handle all communication with the IRS, assist with documentation, and negotiate on your behalf to reach the best possible outcome. Trust us to protect your rights and guide you through the process with ease.
Current and Long-Range Planning
At Precision Tax & Accounting Services, we emphasize both current and long-range planning for individuals. Our team will help you navigate the complex tax landscape, develop a customized plan that aligns with your financial goals, and make informed decisions to secure a strong financial future for you and your family.
Choose Precision Tax & Accounting Services as your trusted partner for comprehensive tax solutions. Contact us at 951-247-8833