top of page

Tax Services

1 

Tax Preparation Services

Whether it’s a personal or business tax return, the CPAs and tax advisors at Main Street Accountancy will thoroughly review your documentation and guide you through any proposed tax positions to ensure accuracy and address potential issues proactively. You’ll receive expert guidance and support to stay compliant with tax laws, ensure the precision of your return, and minimize your tax exposure—all with confidence and peace of mind.

​Our services includes:

​Business Income Tax Return Preparation

  • Tax returns for various business structures and elections, including:

    • Sole proprietorships & single-member LLCs (federal Form 1040/Schedule C)

    • Multi-member LLCs (Forms 1065, 1120, or 1120S)

    • Corporations (Forms 1120, 1120S, 1120H, 1120 IC-DISC) and all applicable state forms

  • Complex Tax Situations with

    • ​Research & Development credit

    • Cost segregation

    • Investment in opportunity zones

    • Ownership structure with multiple tiers of pass-thru entities

Preparation of Specialty Tax Returns

  • Trusts and estates

  • Gift taxes

  • Foreign gifts

  • Retirement plans using Form 5500 series

Individual Income Tax Preparation

  • Income tax returns for both U.S. residents and non-residents

  • Complex returns with

    • Multi-state returns​

    • Employer stock transactions such as ESPP, RSU, ISO, etc.

    • 1031 exchanges

    • Installment sales

    • Foreign business and investment income

2

Audit Assistance & Representations

The IRS might randomly choose a tax return for an audit or flag it due to certain triggers or red flags, meaning any taxpayer could face scrutiny at any time. If you receive an audit or examination notice for your business or personal tax return, regardless of whether it's prepared by us or another tax professional, Main Street Accountancy is here to offer expert support.

Our experienced tax advisors will confidently guide you through the process, ensuring it is as smooth and stress-free as possible. We take a proactive approach, managing each step of the audit and representing you before the IRS or state tax agencies to help achieve the best possible outcome.

3

Tax Consulting & Planning

Effective tax reduction begins with proper planning, executed legally and strategically within the framework of existing tax laws and regulations. At Main Street Accountancy, we offer more than just basic tax compliance. Our team actively seek out and recommend customized tax-saving strategies tailored specifically to your individual financial circumstances, allowing you to reduce liability and enhance savings.

Accounting

A business at any stage in its life cycle needs to have an effective bookkeeping system to organize, classify and maintain its financial records. At the same time, businesses may also need accounting professionals to help analyze information and prepare financial reports for tax planning, income tax filing, supporting any loan applications or satisfying any financial covenant provision that may be required by lenders.

1

Accounting & Bookkeeping

As expert QuickBooks users, we can help take care of your bookkeeping for a fraction of the cost of having an in-house bookkeeper or accountant. In addition to that our experienced accounting professionals can provide you with comprehensive reports and un-biased opinion or recommendations when you need, all the benefits of an accounting department without the expense.

Full Service Payroll

We offer truly full‑service payroll. Our team handles the initial setup, completes all data entry, and reviews and approves each payroll run on your behalf. If you ever need to make a change after payroll has already been approved, you won’t have to call a toll‑free number or wait on hold. Just let us know—our team takes care of it for you so you can stay focused on your business.

1

Compliance Monitoring

Constantly changing federal and state laws, along with local ordinances, make payroll an ongoing challenge for business owners. We monitor payroll‑related compliance updates and notify you of any changes such as minimum wage adjustments, new ordinances, or updated filing requirements to keep your payroll accurate and compliant.

2

Flat Fee. No Hidden Fees.

We keep our pricing simple and transparent. Our payroll service is billed at a flat monthly fee for the first five employees, with a small additional charge for each employee beyond that. There are no surprise add‑ons and no hidden fees—your payroll tax filings, quarterly reports, and year‑end W‑2 issuance are all included. You’ll always know exactly what you’re paying for, and our team handles everything without upselling or unexpected costs.

3

What's Included

  • Full payroll setup and onboarding

  • Post‑approval adjustments handled by our team

  • All data entry handled by our team

  • Payroll reviewed and approved on your behalf

  • Direct access to a dedicated payroll specialist

  • Automatic updates for state and local compliance

  • Year‑end filings of Form W‑2

  • No call centers or ticket queues

  • 24/7 online access

4

Who This Is For

Our payroll service is ideal for:

  • Small businesses without in‑house payroll staff

  • Owners who prefer a human‑managed payroll solution

  • Companies frustrated with call centers or DIY payroll software

  • Businesses needing California‑specific compliance support

​

Interested in a Demo? Click here

Main Street Accountancy, Inc., CPA

Privacy Policy

©2023 by Main Street Accountancy Inc.

bottom of page