Wai & Associates provides a uniquely set of business development services tailored to the needs of each of our clients. We design our portfolio of tax services bearing in mind that each client has a uique set of tax circumstances. Accordingly, we understand that one size does not fit all and we strive to ensure that each client’s needs are addressed to their satisfaction. As part of our business development portfolio, we provide the following services:
- Tax Planning
- Tax Return Preparation
- IRS & State Tax Audit Representation
Our tax planning approach is design to ensure we help our clients plan their tax strategies throughout the year. This will facilitate timely implementation and/or updates prior to the end of the tax year when the return is due. We guide our clients through a step-by-step process in thoroughly understanding their financial situation in order to ensure that the best alternative is selected to help reduce their tax liability the legally minimum. We provide tax planning services for individuals, partnership, and corporations.
Tax Return Preparation
At Wai & Associates, we stand behind each tax return we prepare. This is because we diligently research the tax laws applicable and ensure you don’t pay more than you legally owe. Our clients’ tax returns are prepared by a licensed Certified Public Accountant (CPA) with decades of experience. Our professionals stay on top of the latest tax laws so as to avoid surprises for our clients. We prepare indivudual, partnership and corporate tax returns.
IRS & State Tax Audit Representation
At Wai & Associates, our CPAs come with decades of experience working for state and federal agencies. In the case of an IRS or State tax audit, we can represent you in all the proceedings and deliberations. We can prepare an amended tax return and explain your tax situation to state and federal authorities and guide you through the audit. We pride ourselves in the quality of our work and are committed to ensuring the most amicable outcome is reached. As part of our tax representation services we provide our clients the following:
- Review your audit correspondence and subject tax return
- Explain what the scope of the audit is, what it means and why it happened
- Represent you before IRS and State Tax authorities
- Explain how the appeals process works and assist you through it
- Help you assemble needed tax documents and records
- Negotiate to limit the financial impact of your tax liability