Tax Prep & Accounting Services
in Sherman Oaks

An Enrolled Agent (EA) is a federally licensed tax professional authorized by the U.S. Treasury Department to represent taxpayers before the IRS. EAs must pass a rigorous three part examination covering individual and business tax returns, and complete continuing education requirements each year. Unlike CPAs or attorneys, the EA credential is specifically focused on taxation, making EAs experts in tax preparation, planning, and resolution.

A Certified Public Accountant (CPA) is a licensed accounting professional who has passed the Uniform CPA Examination and met state education and experience requirements. CPAs are qualified to perform a wide range of accounting services including tax preparation, auditing, financial statement preparation, and business consulting. In California, CPAs must complete ongoing continuing education to maintain their license.

The documents needed depend on your situation, but typically include: W-2s from employers, 1099 forms for freelance income, interest, dividends, and retirement distributions, records of deductible expenses such as mortgage interest (Form 1098), property taxes, charitable contributions, and medical expenses, prior year tax returns, and Social Security numbers for all family members. We provide a detailed tax organizer to help you gather everything needed.

Yes, we specialize in helping Sherman Oaks clients get caught up on unfiled tax returns. We will work with you to gather the necessary information, prepare the missing returns, and if needed, negotiate with the IRS or California FTB to resolve any penalties or outstanding balances. The sooner you address unfiled returns, the better, as penalties and interest continue to accrue over time.

Don't panic, and don't ignore the notice. Contact our Sherman Oaks office immediately so we can review the letter and determine the appropriate response. Many IRS notices are routine requests for additional information or corrections that can be resolved quickly. If you are facing an audit, our Enrolled Agents and CPAs can represent you before the IRS, handle all communications, and work to achieve the best possible outcome.

Yes, we are Certified QuickBooks ProAdvisors and offer comprehensive QuickBooks services including software selection, initial setup and configuration, customized training for your business needs, and ongoing support. Whether you're new to QuickBooks or need help optimizing your existing setup, we can help you get the most out of the software. We serve businesses throughout Sherman Oaks, the San Fernando Valley, and Southern California.

Our Sherman Oaks office serves clients throughout the San Fernando Valley and greater Los Angeles area including Encino, Studio City, Woodland Hills, and Burbank. Our Valencia office serves northern Los Angeles County including Valencia, Stevenson Ranch, and Castaic. Many of our services can be provided remotely for clients who prefer virtual meetings.

You can schedule a consultation by visiting our contact page, emailing info@gbmi.com, or calling our Valencia office at (661) 286-0044 or our Sherman Oaks office at (818) 385-3100. We offer complimentary initial consultations to discuss your tax and accounting needs and determine how we can best help you.