Applied Accountancy | Los Angeles

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- Our Accounting Staff provides a streamlined procedure to handle tax reporting, avoid penalties, and financial guidance throughout the process.
- Tax Staff are up to date with the recent Technology POS & Delivery Systems for accurate Sales Tax Filings and to avoid overpayment.
- Outsourcing the back-office operations with a trusted partner can provide Efficient and Quality support to your Management team in day-to-day operations.

- Inventory Management Procedures require count and valuation accuracy to calculate final Costs and Net Profit. Our staff can provide guidance for time-saving Sales and Inventory procedures. We are experienced with building ERP systems and scalability for Trading companies.
- Our Tax Staff provide consulting for Import/Export/Supply Chain operations, including Excise, Tariff, Sales & Use Tax, and State/local taxes.
- For International transactions, Accounting can provides the Currency Translations / Conversion according to US Tax Law and/or GAAP.

- Foreign Employers and Employees working in the US often require visa application procedure, Gross-up Payroll calculations, and US Tax Services. Outsourcing staff and/or services are common.
- We provide a Virtual Office service with an Office Location and dedicated Personnel to support Foreign Operations.
- Regardless of the economic ups and downs, internationalization has always progressed with competition among companies continuing to increase each year. Naturally, tax require complex processing that spans across countries and international law.

- When business profit increases, many owners have questions about growing their business, such as the entity structure for tax purposes, starting payroll, and/or how to save on deductions. At this stage, it is important to find reliable accounting, tax and payroll services at a conscientious price.
- We often receive LLC, Partnership and S-Corps with complex documents involving K-1 including distributions, pass-through income/loss, deductions and basis. When missing information or incorrect data, it can be a hassle to determine which numbers require correction or if alternative methods are allowable to avoid amended returns.
- We have heard from many business entrepreneurs that Applied Accountancy has freed them from complications so they can concentrate on their business.

- Small Business, including Corporations and Sole Proprietors, inquire for more deductions, as the profit increases and needing to hire employees. S-Corp can be a great option for tax avoidance, however it can depend on the business conditions.
- Our Tax Staff can provide consulting and accounting needed to manage S-Corp, including owner’s distributions, payroll and benefits, pass-through income tax, and accumulated adjustments.
- We keep in mind that our business opportunities are fully realized when we can further our clients’ growth and development. We strive to deliver value with providing solutions that help our clients achieve their goals.

- E-commerce has affected tax on Online Sales transactions within State and outside State and National borders. This can add heavy and complex Sales Tax calculations, Sales locations tracking, and Seller’s Permit management. Many existing State and local laws are also adjusting to recent IRS procedures, tax laws, and case rulings. Our Staff can manage the Tax payments and Permit requirements using our internal management systems.
- Our Staff are Experienced with Online Marketplace websites including Amazon, Ebay, PayPal, etc, and we are experienced with utilizing the latest technology to sync and download transactions for accurate reporting.
- Our office focuses on outsourcing that can help streamline while providing technical expertise.

- Property Management for Corporation or Individual requires experienced consulting and reliable accounting and tax returns. Accurate Cost Basis and Depreciation are needed to claim necessary deductions each year.
- The Purchase and Sale of Real Property can result in Capital Gains tax. We require the Escrow Statement for detailed review to understand deductions, withholding, and income tax.
- We are experienced with Real Estate Investments, Partnerships, support for Non-Residents, and Mortgage Loan Application and Reference Letters

- Our Staff are experienced in handling Tax Notices and Letters for Corporation and Individual. Receiving a Formal letter from the Federal or State should be taken seriously and addressed promptly, as you may incur additional penalties, can pursue abatement, or possibly eligible for a Refund.
- Please upload your Notices to our Staff. We take a detailed approach and can reduce any anxiety during the procedures.

- US Immigration and US Tax Laws must both be considered for filing applications and tax returns. Foreign Tax and Reporting may include income to Non-Resident or family member, Foreign Corporation employment or Residency, ownership and/or exchange of foreign income and assets, etc. Filing requirements and penalties often change and/or increase each year.
- Non-Residents must consider their working visa and Residency status. Each year they must report their status to the US and handle the residency changes attentively. Filing as US Resident may save tax but may have more Foreign Tax Reporting and conditions. Our office also can obtain ITIN and consider tax-treaty benefits.
- US Residents and Citizens must consider US filing requirements and subsequent Foreign Tax reporting. Our office accepts Foreign Tax Returns, including from Japan and other countries.
- Filing the Tax Return incorrectly may cause more delay and trouble. Contact us today!