Adap Tax Financial offers full-service tax planning, preparation and representation for both individuals and businesses. While the heart of our tax service is to help you satisfy your tax reporting obligations, the benefit that distinguishes us from simple tax filing services is the proactive planning and advisory help we offer you on an ongoing basis throughout the year.

Tax Preparation

With recent tax law changes, the US tax code is more complex and navigating that complexity is the way we ease your burden and help you optimize your after-tax results. Our expansive tax expertise includes a mastery of issues such as: employee stock options; investment income and rental properties; tax credits; deductions.; foreign Income; and inherited property, estates, trusts and gifts.

Tax Planning

In addition, the taxation of investment sales, income, and even holdings can greatly affect your net after-tax returns and in many cases, you can experience a tax liability even when you had no transaction at all or when your investments have lost value. We help individuals understand the tax ramifications of their investment strategy and can help develop your investment plan from an after-tax perspective. In addition, we advise on an array of available tools and strategies that are available for either minimizing tax liabilities or deferring them.

Representation

We are your advocate. Receiving a letter from the IRS or state tax agency can result in a detailed field audit of your records and eventually result in an IRS tax lien or levy. You have the right to representation and if you are represented under a power of attorney, the tax agency must work directly through your representative. Should the IRS or state or local tax authority, such as the California Franchise Tax Board (FTB), challenge your tax return, Adap Tax Financial is qualified to vigorously defend your tax position.

If your tax return is audited or if the IRS threatens a lien or levy action against you, the Adap Tax Financial team is experienced in dealing with the US tax authorities. We have “Certified Public Accountants” and “Enrolled Agents” on staff who have completed the specialized training program at the National Tax Practice Institute — the only program specifically designed to help tax consultants learn the nuances of representing taxpayers before the Internal Revenue Service.

Tax and accounting consulting

Adap Tax Financial offers tax and accounting consulting services that include evaluating your personal or business situation and making proactive recommendations for the best approach to meet your financial goals while minimizing tax liabilities. The types of issues addressed in this manner include choice of business entity, type of accounting method, payroll method, employee benefits, franchise taxes, multi-state operation, and more.

Business Services

Business owners require even more specialized tax, financial, and accounting services and Adap Tax Financial is well qualified to address the unique challenges and opportunities of small and closely held businesses such as S-Corporations, C-Corporations, and Limited Liability Companies (LLC).

Adap Tax Financial offers tax and accounting consulting services that include evaluating your personal or business situation and making proactive recommendations for the best approach to meet your financial goals while minimizing tax liabilities. The types of issues addressed in this manner include choice of business entity, type of accounting method, payroll method, employee benefits, franchise taxes, multi-state operation, and more.