We specialize in personal and corporate tax, payroll, bookkeeping, business formation, audit representation, consulting, and sales tax. Our clients, whether individuals, small businesses, or large corporations, receive a level of personal service that is second to none.
Taxes
Another invaluable service that many CPAs provide is tax planning. Tax planning involves making financial decisions today that will lower your future tax burden. Thanks to their in-depth knowledge of tax codes and regulations, certified public accountants can help with this. An example might help in understanding. Suppose your business plans to dispose of a fixed property it owns. If the property has appreciated in value, this could trigger a capital gain that could bring about a significant tax liability. With proper planning, you may find that your business could reduce this liability or even eliminate it completely by incurring inevitable and planned capital losses. The losses can be used to offset the gain, which ultimately reduces your tax bill. Such tax planning strategies can help you save significantly on your taxes over time when you run a business or as an individual. These plans do not only save you financially but also help a business or an individual to always operate in a tax compliant manner at all times.
Reviews Summary
Several reviews point to Mike as a knowledgeable, highly accommodating, and experienced tax preparer. Every client is amazed by the substantial tax savings and quick turnaround time. Mike is the ideal professional to approach if one is looking for somebody who will allocate ample time to listen, ensure a stress-free tax-filing experience, and provide useful financial advice if needed. Customers appreciate the Pasadena office's inviting and relaxing feel, which intensifies the quality of the services. The convenience is perfect for clients who have a side hustle and may not have the knowledge about tax returns for the extra income. Referrals come from almost every pleased customer as a result of ongoing trust and positive results. It makes Mike and his Pacific Tax Pros team the best and most reliable partners to have during tax season.