Global Business Management

Tax season is a busy time around Garelick, Wilkerson & Associates, Inc. The days become longer and longer, and as the April 15th deadline approaches weekends become nonexistent. We are dedicated to being here at times convenient to our clients and to providing the best tax preparation services available.

In California over two million tax returns are prepared each year by Enrolled Agents. Considering there are only 4000 EAs in the state, that’s an average of 500 returns per EA. We have approximately 75 days (allowing no time off) to complete those 500 returns. Factor in the intricacies of many returns and the fact that each return involves not only federal, but state or multiple state returns and you begin to understand the complexities of meeting the deadline. We also have many out-of-state clients as well.

Enrolled agents are the only tax professionals who specialize in tax matters. They are the only tax professionals who are required by federal law to maintain a stringent annual schedule of professional education in the field of taxation. With tax regulations becoming more confusing each time the government announces another “simplification” coupled with the enormous changes in tax laws, and differences between state and federal requirements, can you afford not to use the services of an Enrolled Agent?

We specialize in preparing the following types of Federal, California and Multi-State income tax returns:

Individual

Business Tax Returns

C Corporation including consolidated returns
S Corporation including consolidated S Corporation returns
Partnership and LLC returns
Employee Benefit plan returns
Sales, Business License, Payroll and Personal Property Tax Statements

Trust & Estate Tax Returns

We specialize in Estate and Trust tax return preparation and assist in the creation, administration and funding of living and testamentary grantor and irrevocable trusts. We provide complete assistance to families as a result of the loss of a loved one including the planning and preparation of the estate tax return through the establishment and funding of the trusts required to minimize tax as prescribed by the family trust document. We work with and recommend estate-planning lawyers to prepare trust documents and wills and to assist in the administration of estate and trust matters.

Fiduciary – Form 1041
Gift Tax Returns – Form 709
Estate Tax Returns – Form 706

As with all financial matters, planning is the key. Do not wait too long to schedule an appointment, call our office now. Also, start organizing your files – after all, we can only work with the information you provided. A few minutes a week spent on tax paperwork preparations could be worth a great deal of tax savings to you! Call our office and we will be happy to advise you of the needed and necessary paperwork.

We stand behind every return we prepare. Should you receive notice of an audit/inquiry involving any item we prepared we stand ready to represent you before the IRS, EDD, BOE or FTB. Our office is a full service office, open 12 months a year. We stand behind our work 100% period. And remember, Enrolled Agents are the only tax professionals licensed by Congress to represent individual taxpayers before the IRS.