Business Tax Services – Industry, Entity and Advisory Tax Strategies

At Smart Services, we offer a comprehensive approach to business taxes that combines subject matter expertise with a passion for responsiveness and client satisfaction.

Our California business tax services range from ensuring federal and state tax compliance, to tax planning and problem resolution and are relevant to business entities such as corporations, partnerships, limited liability companies, and sole proprietorships. We are experienced with several different industries, including hospitality, film industry, nightlife, construction, real estate, and the legal and medical professions.

Federal, State, and Local Tax Compliance Services

At Smart Services, our reputation for quality service is built on preparing timely and accurate tax returns for our clients. We work with clients to create an accurate estimate of taxes owed so they can pay on-time and avoid interest and penalties.

The tax system has gone through tremendous increase in complexity during recent years, but our team is up-to-date on current tax issues in many different industries. For hospitality and nightlife clients, these issues include dealing with the federal healthcare mandate, gift cards, and tip reporting. For medical practices and construction, we help clients navigate issues related to employment classification, and owner/officer reasonable compensation.

Our tax specialists are trained to avoid tax issues by getting it right the first time. Should you receive a notice from the IRS, you can feel confident knowing that we’ll tell you what the notice means and find the quickest resolution possible. With our help, our clients never need to deal directly with an IRS tax auditor. Even if we did not prepare the return in question, we can help businesses and individuals resolve tax issues.


Tax Planning and Advisory Services in California

There are many moving parts in any business and almost every major decision has a tax implication. Working collaboratively and proactively, we help clients understand the tax consequences of business decisions and determine the best tax strategies to achieve your financial goals.

Our tax planning and advisory solutions are tailored to our clients’ industry specific needs, which can include:

– Strategies for Tax Savings: Our hospitality and nightlife clients benefit from cost segregation studies for improvement projects, maintenance, repairs, and accessing available tax credits.

– Creating Value: We accomplish this for our clients through compensation planning, tax structuring for the purchase or sale of a practice, and evaluating tax shelter investments.

– Cost Studies: We have assisted real estate clients by taking on major projects that include managing limits on passive losses and evaluating available federal, state, and local tax incentives.

Contact Smart Services today to discuss how our business tax services can help you meet IRS compliance requirements, minimize tax payments, and accomplish your goals. Our California tax services are tailored to meet your needs and will target your specific business solutions.