Subscribe
Experience, Integrity & Personal Service
800-895-0367

Services

Tax Planning & Preparation

You need a professional handling your taxes to help you remain on a healthy financial path.  Our comprehensive tax preparation services focus on your need for sound, expert tax support—year round.  We excel at tax preparation for both businesses and individuals. Whether it’s an S-Corporation, C-Corporation, Partnership, or Individual return, we are always focused on strengthening your financial position.

We also understand the necessity of planning a sound tax strategy to mitigate your tax burden and improve cash flow.  Our tax planning service provides you with a dedicated partner. We work with you throughout the year—not just at year end or during tax season—to develop a personalized plan with tax-saving strategies that are tailored to your unique situation.

Contact Us For A FREE Quote…

Offer In Compromise

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.  The IRS will take into consideration these 4 basic factors:

  • Ability To Pay
  • Income
  • Expenses
  • Asset equity.

The IRS will generally approve an offer in compromise when the amount offered represents the most that they can expect to collect within a reasonable period of time.

The Offer in Compromise program is not for everyone. We can help you make that decision as well as prepare the complete package that you will need for a successful acceptance from the IRS. Click HERE to get started!

Installment Agreement

When you find that you can’t pay what you owe, the IRS will work out some type of payment arrangements; this is known as a Tax Installment Plan. The IRS guidelines for what expenses they will allow are very stringent and knowing these limits and working with a tax professional who understands these rules can be used to your advantage. The bottom line is that you only pay the IRS what you can afford each month. 

For example: A taxpayer who owes the IRS $43,000 may only be paying $50 per month and a taxpayer who owes $16,000 may be paying $800 per month. How much you owe does not matter. The payment arrangements are based on how much you can pay.

You must understand what the IRS guidelines allow BEFORE any contract is made with the IRS regarding monthly payments.

We can help you make the RIGHT arrangements! Click HERE to get started!

Lien Releases

A  federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. A federal tax lien exists after the IRS

  • Puts your balance due on the books (assesses your liability);
  • Sends you a bill that explains how much you owe (Notice and Demand for Payment); and
  • You Neglect or refuse to fully pay the debt in time.

How a Lien Affects You

  • Assets — A lien attaches to all of your assets (such as property, securities, vehicles) and to future assets acquired during the duration of the lien.
  • Credit — Once the IRS files a Notice of Federal Tax Lien, it may limit your ability to get credit.
  • Business — The lien attaches to all business property and to all rights to business property, including accounts receivable.
  • Bankruptcy — If you file for bankruptcy, your tax debt, lien, and Notice of Federal Tax Lien may continue after the bankruptcy.

To get rid of a lien, contact us immediately and we will get the lien released! Click HERE to get started!

Unfiled Tax Returns

The IRS has finally caught up with you. Those old, back tax returns you didn’t file triggered their interest. Now they’re demanding your back tax returns – and the IRS means business.

If you don’t pony up, they’ll prepare them for you – and believe me, you won’t be coming out ahead.

Any deductions or offsets you’re entitled to other than the standard amounts won’t be calculated, and that can cost you plenty – in back taxes, interest and penalties.

Now that you’re in the IRS’s crosshairs, it’s game-over. But here’s the problem:

The longer you delay, the less patience the IRS is going to have. Keep on delaying and ignoring their demands, and they’ll start levying your assets – attaching your bank accounts, garnishing your wages, and any other method that will extract the cash they’re demanding.

The good news is we can help……stop delaying….contact us now! Click HERE to get started!

Wage Garnishment & Releases

Wage Garnishments/Levies are brutal.  The IRS or the State tells your employer to send a big slice of your paycheck to them.  They may not leave enough for you to pay the rent, car payment, tuition……

Levies can be withdrawn or modified based on your ability to pay.  The IRS must follow the Internal Revenue Manual in collection matters.  I can use the IRM to help you.

Let’s get to the root of the problem and fix it.  Wage Levies don’t happen in a vacuum – there’s a problem.  Unfiled tax Returns, Unpaid Estimated Taxes, Under-withholding, ignored IRS correspondence, etc.  Let’s find the problem and fix it.

Never again. Get the wage levy removed or modified, get the problems fixed. And work with me to avoid future tax problems. Click HERE to get started!

Business Start-Ups & Incorporations

There are several ways to organize a business we can help you decide which one is right for you.

  • Sole Proprietor
    This is the simplest form of business organization.  This is the bare bones basics and you will be filing a Schedule C form to report your earnings and deductions.  Commingle funds between personal funds and business funds is not an issue.
  • C Corporation
    This is a more complex form of organization and is generally beneficial for businesses that seek liability protection and want to issue and sell stock.  The commingle of personal funds is strictly forbidden.  Corporations must keep very detailed records and file a separate return.
  • S Corporation
    This is a hybrid form of business.  It is part partnership and part corporation.  This is a very flexible and less complicated form of organization.  It will file its own tax return.  This organization  works very well for an individual professional.
  • Partnership
    If a business has more than one owner they need to operate as a partnership.  Partnerships must file a separate tax returns.  This form of business arrangement takes place when one partner has the knowledge or product and the other partner has the money or financing.
  • Limited Liability Company LLC
    Most business entities are formed for legal reasons not tax reasons.  In California an individual can form a limited liability company and be taxed on a regular individual tax return.  The owner makes the election as to how the entity will be taxed…similar to an S Corp.

No matter what form of business organization you are interested in we can help you make the right choice for your particular goals…we can also help you through the incorporation process as well. Click HERE to get started!

Bookkeeping

Bookkeeping is the recording, on a day-today basis of the financial transactions and information pertaining to a business. It is concerned with ensuring that records of those individual financial transactions are accurate, up-to-date and comprehensive. Accuracy is therefore vital to the process.

Bookkeeping provides the information from which accounts are prepared but is a distinct process, preliminary to accounting.

Each transaction, whether it is a question of purchase or sale, or change of loans, has to be recorded in the books.

Bookkeeping is the recording, on a day-today basis of the financial transactions and information pertaining to a business. It is concerned with ensuring that records of those individual financial transactions are accurate, up-to-date and comprehensive. Accuracy is therefore vital to the process.

Bookkeeping provides the information from which accounts are prepared but is a distinct process, preliminary to accounting.

Each transaction, whether it is a question of purchase or sale, or change of loans, has to be recorded in the books.

We pride ourselves in providing you with the highest quality bookkeeping services in San Diego! Click HERE to get started!

Payroll

Whether you have one employee or 50, setting up a payroll system not only streamlines your ability to stay on top of your legal and regulatory responsibilities as an employer, but it can also save you time and help protect you from incurring costly Internal Revenue Service (IRS) penalties.

Here are 10 steps to help you set up a payroll system for your small business.

  1. Obtain an Employer Identification Number (EIN). Before hiring employees, you need to get an employment identification number (EIN) from the IRS.
  2. Obtain a State Employer Identification Number (SEIN).
  3. Independent Contractor or Employee – Know the Difference. Be clear on the distinction between an independent contractor and an employee.
  4. Decide on a Pay Period.
  5. Carefully Document Your Employee Compensation Terms.
  6. Choose a Payroll System.
  7. Running Payroll. Once you have all your forms and information collated, you can start running payroll.
  8. Get Record Keeping Savvy.
  9. Report Payroll Taxes. There are several payroll tax reports that you are required to submit to the appropriate authorities on either a quarterly or annual basis.
  10. Hire Crabb Tax Services for ALL of your payroll needs! Click HERE to get started!

Get Free of Tax Debt NOW!

Click For Relief From Your Tax Debt

Search Site by Topic

News & Updates