Taxes
Being amazing at tax services is probably not your #1 goal. That's fine. We are, so you don't have to be.Personal Taxes
Personal income taxes could well be one of your largest annual costs. And because most of the financial decisions you make have an impact on your taxes, having a solid strategy is all the more important—after all, effective tax management is the cornerstone for managing your wealth.
We can help you explore your tax-saving opportunities and develop your tax strategy. Drawing on multidisciplinary expertise, we provide you with customized guidance to fit your situation so that your tax strategy works in concert with other components of your financial framework and lifestyle.
For business owners and executives, we also help you evaluate the tax consequences of your business and personal decisions, providing integrated guidance to retain more of your hard-earned wealth.
We work with individuals and families as well as business owners and executives, offering customized tax guidance to fit your unique situation. We provide a thorough evaluation of your current taxes, your income streams, and the changing tax laws and economic factors that impact your tax scenario. You gain a strategy that supports your personal plans, including any income, estate, or business succession plans you have that can impact your income taxes.
Services offered by our team include:
- Tax return preparation
- Integration of income tax planning
- Multistate tax issues
- Identification of tax-efficient opportunities
- Alternative minimum tax planning
- Projections for tax liability planning
- Representation and support in IRS or state tax audits
Business Taxes
When you started your company, it wasn’t for the joy of filing taxes. Yet, if you’re without the kinds of tax services and support that are essential to most small business owners, it’s almost inevitable that you’d waste time worrying about eventual tax problems.
While preparing your own tax return may sound like a good way to save money, it often ends up costing you in the long run. An amateur tax preparer can miss valuable credits and money-saving deductions that could reduce your annual tax bill or provide a significant return. While tax software offers some assistance, there’s no substitute for the real world experience of a qualified professional when it comes to tax preparation.
At Fix My Taxes, we keep up with changes in the tax laws and are always looking for new ways to help our clients keep more money in their hands, instead of sending it to the IRS. Whether you own a small business or are an individual, we have the skills to prepare your taxes in compliance with all Federal and State tax laws. We offer prompt, efficient preparation of all types of returns.
We focus on meeting the special tax needs of small businesses, from planning to filing, from quarterly payroll and sales tax filings though year-end taxes. Our experts have the experience to help you navigate the often-confusing small business tax landscape, and the knowledge to guide you to take advantage of the most current developments in the tax laws to develop an overall tax strategy to help you minimize your tax liability.
Business tax preparation services include:
- Regular C-Corporation tax returns – form 1120
- Sub-S Corporation tax returns – form 1120S
- Partnership tax returns – form 1065
- LLC and LLP tax returns – form 1065
- Year-end tax planning to reduce taxes
- State and local tax returns
Business Taxes
When you started your company, it wasn’t for the joy of filing taxes. Yet, if you’re without the kinds of tax services and support that are essential to most small business owners, it’s almost inevitable that you’d waste time worrying about eventual tax problems.
While preparing your own tax return may sound like a good way to save money, it often ends up costing you in the long run. An amateur tax preparer can miss valuable credits and money-saving deductions that could reduce your annual tax bill or provide a significant return. While tax software offers some assistance, there’s no substitute for the real world experience of a qualified professional when it comes to tax preparation.
At Fix My Taxes, we keep up with changes in the tax laws and are always looking for new ways to help our clients keep more money in their hands, instead of sending it to the IRS. Whether you own a small business or are an individual, we have the skills to prepare your taxes in compliance with all Federal and State tax laws. We offer prompt, efficient preparation of all types of returns.
We focus on meeting the special tax needs of small businesses, from planning to filing, from quarterly payroll and sales tax filings though year-end taxes. Our experts have the experience to help you navigate the often-confusing small business tax landscape, and the knowledge to guide you to take advantage of the most current developments in the tax laws to develop an overall tax strategy to help you minimize your tax liability.
Business tax preparation services include:
- Regular C-Corporation tax returns – form 1120
- Sub-S Corporation tax returns – form 1120S
- Partnership tax returns – form 1065
- LLC and LLP tax returns – form 1065
- Year-end tax planning to reduce taxes
- State and local tax returns
Tax Planning
Effective tax planning can be challenging, given the complexity of the US tax code. However, done properly, tax planning can provide significant benefits for your overall financial picture. Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. Our tax professionals know how to maximize your tax benefits, while also avoiding future problems
We constantly monitor tax legislation, regulations, and Court rulings so we can provide the most effective tax planning for the future of your business or your personal finances.
Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year. Effective tax planning is a year-round process. The tax specialists at Fix My Taxes provide income tax planning services to individuals and businesses, and work closely with you to develop tax strategies and solutions aimed at minimizing your tax liability.
Individuals can more effectively manage their wealth when they understand the tax implications of financing an education, investing their money, or planning for retirement. We bring to light all possible deductions and credits, and examine closely the potential triggers that may subject you to pay additional taxes. In addition to our income tax planning services, we provide all-encompassing trust and estate planning services that safeguard your legacy and ensure you accumulate, conserve, and distribute your personal wealth in a way that maintains and maximizes the financial security of your beneficiaries.
Business owners understand the critical importance of tax planning. Virtually every decision a business owner makes comes with tax implications. The Fix My Taxes professionals take into account not only the current year’s tax strategies, but also long-term considerations in terms of projecting income and deciding the most advantageous strategy, whether it is to defer income to the next year and accelerate deductions into the current year, or vice versa. We also examine depreciation of your business assets and advise on related tax breaks and strategies. Our informed recommendations are all designed to minimize your tax liability, enhance profitability, and ultimately give you a competitive edge.
Moreover, we take the time to understand your individual situation and then apply our knowledge of the ever-changing tax environment to help you make the best business and personal decisions.
International Tax and Compliance
Many of our clients have business interests in countries such as China, Middle East, India, Far East Asia, and Western Europe. These business interests or property may generate income and thereby create a US tax liability. Whether you are a US citizen, a permanent resident, or a foreigner residing in the United States, it is important to speak with Fix My Taxes team who specializes in international tax issues. Amongst the most common issues is FBAR (Foreign Bank Accounts Reporting) compliance.
Fix My Taxes works with a wide array of businesses, including technology firms, legal services, and even non-profits, offering them the best tax services and tax preparation available for their overseas operations. Our experts have years of tax preparation experience who work with S Corporations, C Corporations, LLC’s, and Partnerships of all types. Regardless of size, we can help your business minimize your international tax expenditures. Our expert international tax service is just the beginning!
The enactment of the Foreign Account Tax Compliance Act of 2010 (FATCA) has introduced many additional reporting requirements to both Foreign Financial Institutions (FFIs) and US citizens and residents with financial assets held with FFIs outside of the USA. Moreover, the FATCA reporting requirements supplement the existing Foreign Bank Account Report (FBAR) that was long established under the provisions of the Bank Secrecy Act of 1970.
At Fix My Taxes, we assist individual, and business taxpayers comply with the Foreign Bank Account Reporting regulations. Our streamlined FBAR compliance services focus on:
- Preparation and submission of FINCEN Form 114 (Previously known as FBAR forms) for individuals and entities
- Assistance to delinquent filers, including submissions under the Offshore Voluntary Disclosure Programs (OVDP), prior-year FBARs and amendments
- Advisory on particular FBAR filing requirements falling outside the general FBAR guidance
International Tax and Compliance
Many of our clients have business interests in countries such as China, Middle East, India, Far East Asia, and Western Europe. These business interests or property may generate income and thereby create a US tax liability. Whether you are a US citizen, a permanent resident, or a foreigner residing in the United States, it is important to speak with Fix My Taxes team who specializes in international tax issues. Amongst the most common issues is FBAR (Foreign Bank Accounts Reporting) compliance.
Fix My Taxes works with a wide array of businesses, including technology firms, legal services, and even non-profits, offering them the best tax services and tax preparation available for their overseas operations. Our experts have years of tax preparation experience who work with S Corporations, C Corporations, LLC’s, and Partnerships of all types. Regardless of size, we can help your business minimize your international tax expenditures. Our expert international tax service is just the beginning!
The enactment of the Foreign Account Tax Compliance Act of 2010 (FATCA) has introduced many additional reporting requirements to both Foreign Financial Institutions (FFIs) and US citizens and residents with financial assets held with FFIs outside of the USA. Moreover, the FATCA reporting requirements supplement the existing Foreign Bank Account Report (FBAR) that was long established under the provisions of the Bank Secrecy Act of 1970.
At Fix My Taxes, we assist individual, and business taxpayers comply with the Foreign Bank Account Reporting regulations. Our streamlined FBAR compliance services focus on:
- Preparation and submission of FINCEN Form 114 (Previously known as FBAR forms) for individuals and entities
- Assistance to delinquent filers, including submissions under the Offshore Voluntary Disclosure Programs (OVDP), prior-year FBARs and amendments
- Advisory on particular FBAR filing requirements falling outside the general FBAR guidance
Private Client Services
Fix My Taxes’ Private Client Services begins with an understanding that each individual is exactly that – an individual. We do a lot of listening. Our goal is to provide a unique course of action to each client, with strategies tailored to that person or family’s specific needs and objectives.
The Private Client Services group is experienced in all aspects of estate, income, and gift taxation; trust tax compliance; charitable giving and philanthropic foundations; executive compensation; and cash-flow, retirement, and life insurance planning. We have a wealth of professional resources dedicating to minimizing our client’s tax burdens, while maximizing compliance with local and international regulations. We also provides advice to closely-held partnerships and S corporations.
We understand that we are a part of a team of advisors that support you and that you are looking for customized solutions to establish a strategy, evaluate your situation, and plan for the future. We pride ourselves on our discrete, individualized, long-term relationships with our clients.
Our services include:
- Strategies to minimize income tax
- Family tax planning
- Trust & estate tax planning
- Gift tax planning
- Charitable gifting planning
- Strategies to minimize estate tax
- Retirement distribution planning
- Stock-based and deferred compensation planning
- Income, gift and fiduciary tax return compliance
- Business succession planning
- Tax planning related to investments and transactions, including those relating to securities, real estate, stock options, and sales of significant assets
817-380-8172
San Diego : 9984 Scripps Ranch Blvd, Suite 257,
San Diego, CA 92131
Dallas: 5001 Spring Valley Rd, Suite 400E,
Dallas, TX 75244