Income Tax Preparation & Filing Services in Irvine and Orange County, CA
U.S income tax laws are infamous for their complexity at both the federal and state levels. Masler & Associates specializes in tax preparation and filing, and since 2008 our firm has helped countless clients in the Orange County community. We work to take the stress and complexity out of tax season for our clients. Our tax accountants simplify the process as much as possible and direct you on what needs to be done each step of the way.
- M&A Tax Organizer and Tax Questionnaire
- Federal vs. State Income Tax
- Business Tax Preparation & Filing
- Income Tax Filing FAQs
“Let Masler & Associates take all your folders, forms, and piles of receipts and turn them into a highly organized and accurate income tax submission at both the federal and state levels.”
M&A Tax Organizer and Tax Questionnaire
We offer a proprietary Tax Organizer and Tax Questionnaire to assist our clients in collecting and reporting the information necessary for us to properly prepare their tax return. The Tax Organizer consists of a checklist of documentation that clients will need to have on hand throughout the tax preparation and filing process.
- A copy of the previous year’s tax return, if not prepared by Masler & Associates
- A list of forms, including: W-2, 1099, 1098, 1099-L, and Schedule K-1
- Investment transactions, real estate transactions
- Any tax notifications you may have received, from the IRS or other taxing authorities
- All other supporting documents (checks, schedule, etc.)
The Tax Questionnaire is an additional form that helps clients get the best possible return. It includes questions on:
- Personal Information (marital status, address changes, etc.)
- Purchases, sales, and debt
- Retirement plans
- Itemized deductions
- Estimated taxes
Business Tax Preparation & Filing
At Masler & Associates, our top priority is to save our clients time and money. Operating a business takes up a significant portion of the lives of business owners, and our goal is to help make the business tax filing process as efficient and effective as possible. Our business tax preparation and filing services include:
- Preparation of S Corporation Tax Returns
- Preparation of C Corporation Tax Returns
- Preparation of Estate Tax Returns
- Preparation of Trust Tax Returns
- Preparation of Gift Tax Returns
- Preparation of Partnership Tax Returns
Income Tax Filing FAQs
Who has to file taxes?
Whether or not you have to file taxes depends on three factors:
- Your filing status (single, married filing a joint return with your spouse, married but each of you filing a separate return, head of household, or qualifying widow or widower)
- Your age
- Your income
What is the tax filing deadline?
April 15th is the tax filing deadline for individual tax returns. If extensions are filed, the final tax deadline for the tax year is October 15th.
What happens if I delay and miss the tax filing date? Can I get an extension?
Delaying filing your tax return is not recommended. If you delay and miss the filing date, it’s best to file as quickly as possible. In order to attain a six-month extension, you must fill out Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Special conditions apply if you are a U.S. resident currently living outside of the United States, out of the country when your six-month extension expires, or serving in a combat zone.
If an individual delays filing and misses the deadline, what is the course of action taken at Masler & Associates?
If you miss the April 15th filing deadline, the best course of actions is to file as soon as possible and apply for penalty relief.
How do I check my tax filing status?
If you are interested in checking the status of your tax filing, you must contact the IRS. The IRS will be able to provide you with the status of your return. If you require assistance contacting the IRS, Masler & Associates can help you with the process.
Why use a tax preparer instead of tax preparation software?
It’s easy to assume that simply purchasing online tax preparation software will be the end of all the time and stress that comes with tax season each year – but this is not the case for the vast majority. Proper tax preparation begins with accurate records of an individual’s financial transactions over the course of the previous year, including a collection of other financial and personal forms. Our accountants are trained to prepare and file the taxes of our clients efficiently and accurately. We utilize a streamlined process that takes the pressure and human error out of the equation.
If you are interested in learning more about tax preparation and planning services in Irvine and Orange County, please contact Masler & Associates.