(408) 306-7450
Asha Tax & Accounting Services

Tax Accountant in Sunnyvale

Asha Tax & Accounting Services have established a reputation in the Sunnyvale area and beyond for our comprehensive financial assistance and unsurpassed tax knowledge. Our certified accountants work with both individuals and business owners alike to develop tax strategies that maximize earnings and minimize liabilities.

Safeguard your wealth. Get rid of tax-related stress. Schedule a consultation with us today—reach our office by phone at (408) 306-7450.

BOOK AND APPOINTMENT

Consult with a Tax Professional

Our personalized consultations allow us to create a custom tax strategy for the unique financial situation of each of our clients. Book an appointment with us, and we'll sit down with you one-on-one to go over your tax history and identify your liabilities, as well as the deductions and benefits available to you. If you have any questions or concerns, we'd be happy to address them at this time. Our accountants are specialists in tax law and have a knack for laying out complicated rules and regulations clearly and concisely.

With our tax accounting services, you can expect:

  • Speedy tax filing
  • Tailored tax solutions
  • Personalized consultations
  • Competitive rates
  • A CPA committed to your success
  • Complete satisfaction guaranteed

Rest assured, our consultations are completely confidential. No matter the nature or urgency of your circumstances, you can count on our professionals to be compassionate, respectful, and discreet. Our goal is the same as yours: to protect your wealth and set you on the path to a better and brighter financial future. By the time our consultation ends, we'll have a detailed plan of action in place to do just that.

Your Personal Tax Accountants

Our tax advisors are here to make tax season easy for you. We aim to understand your financial situation clearly to ensure your taxes are filed correctly and you can access all the tax breaks you qualify for. We handle everything-from sorting your financial details to preparing and submitting your tax forms. Our tax consulting protects you from costly tax reporting mistakes and prevents headaches and penalties associated with incorrectly filed financial information.

Rest assured that we do more than just tax filing-we help you plan your taxes in a way that saves you money in the future. We're friendly and clear in explaining things, so you always know what's happening with your finances. Think of us as your tax ally, taking on the stress and complicated parts of tax season and making it easier for you to relax, knowing your money matters are in good hands.

Small Business Tax Accountants

Running a small business is a lot of work. Our tax accountants are here to simplify dealing with money and taxes. We know operating a business can be complicated and put a lot on your plate, so we provide specialized tax services to ensure your financial records are always accurate and precise.

We closely examine your business details, helping ensure every money choice you make is smart and beneficial now and in the future. Look to us for services that allow our experts to handle all your taxes- from preparing to filing and planning-so you don't have to worry about making costly errors. We'll also consult with you and help you plan ahead to protect your business from any surprise tax issues so you can focus on growing your business.

We're committed to helping small business owners like you forget about tax worries with guidance to help you create a peaceful financial environment where your business can do its best. Contact us today to find out why so many local companies rely on our services.

Small Business Income Tax Credits and Incentives

Identifying eligible small business income tax credits and incentives can be a challenge without the expertise and background in corporate accounting services. As experts and licensed professionals, we can navigate this complex tax landscape for you, ensuring you’re fully reimbursed for all eligible expenses.

Here are examples of common business expenses that can qualify as deductibles:

  • Employee salaries
  • Health benefits
  • Bonuses
  • Specific legal expenses
  • Insurance
  • Interest expenses
  • Office lease
  • Utility bills
  • Advertising expenditures
  • ...and more

We understand this list is long and can quickly become confusing when it comes to gathering receipts, understanding percentages, and filing properly. That’s what we’re here for. Our experienced team can guide you through the complexities to ensure you capitalize on all eligible deductions.

Do you have a new business and need an accountant? Or are you looking for a new one for your mature business? In either case, look to our firm for the cost-effective, long-term solutions you need to thrive.

Tax Minimization Strategies That Follow Sunnyvale’s Tax Guidelines

Beyond the preparation of personal and business income tax returns, Asha Tax & Accounting Services offers tailored solutions to alleviate tax burdens and formulate tax management plans. We do this by leveraging the latest incentives applicable to Sunnyvale residents.

The path to tax compliance involves thoroughly examining your financial records to discern the tax implications of your entire portfolio. Through the strategic arrangement of assets within your current financial standing, we aim to minimize debt and optimize income tax returns.

File On Time With An Accountant for Taxes

When you entrust your tax matters to our skilled team of tax accountants, timely and accurate submission becomes our promise to you. Navigating through all the forms and deadlines associated with filing, we ensure that your taxes are submitted in compliance with all tax laws and with an accuracy that mitigates any future discrepancies.

Your peace of mind is paramount to us, which is why we systematically organize, prepare, and submit your tax documents, closely checking for any potential errors and ensuring that every applicable deduction is accounted for.

What Should You Do if You Can’t Pay Your Taxes by the Deadline?

If you can’t pay your taxes by the deadline, the most important step is to file your tax return on time to avoid additional penalties. Late payment can be arranged but late filing will result in penalties. If full payment isn’t possible, the IRS offers options to help manage the balance, such as setting up an installment agreement or applying for a short-term payment plan. 

You may also qualify for an extension to pay or request an offer in compromise to settle for less than the owed amount. Our tax return accountants can assist you with this process and advise you on the best course of action for your situation.

What Records Should You Keep for Tax Purposes?

Maintaining accurate and organized records is essential for preparing your tax return and substantiating claims if audited. Keeping these records accessible also simplifies your annual tax filing.

Here’s a list of documents that our private tax accountants recommend keeping for tax purposes:

  • Income records
  • Expense records
  • Investment records
  • Property records
  • Retirement and savings accounts
  • Tax forms and returns
  • Business records (if applicable)
  • Legal documents

Our Tax Specialists Answer All Your Questions About Personal and Business Tax Obligations

Our tax accountants are here to make understanding taxes easy. We're ready to answer all your questions about taxation obligations and clear up any worries you might have. We make sure to listen to your concerns, give clear answers, and guide you in a way that's easy to understand.

Whether you're confused about a tax rule, looking for ways to save money on taxes, or need help filing, we provide straightforward answers. We think feeling good about your finances starts with understanding them, so we're always willing to break down complex tax concepts into information that's easy to grasp.

Do You Need a Tax Accountant When Buying or Selling a Property?

Buying or selling property comes with several tax implications that can significantly impact your financial situation. Working with a tax expert helps you understand these implications, ensuring you make informed decisions and optimize your tax liability.

Capital Gains Tax

When selling a property, capital gains tax (CGT) may apply if the property was held as an investment or used for business purposes. The gain is calculated by subtracting the original purchase price (plus any eligible expenses such as renovations or improvements) from the sale price. The difference is the capital gain, which is subject to taxation.

For primary residences, homeowners may be eligible for an exclusion of up to $250,000 ($500,000 for married couples filing jointly) on the gain, provided they have lived in the property for at least two of the last five years.

Deductible Expenses

When buying property, several expenses can be deducted or added to the property’s basis, potentially reducing capital gains tax liability upon sale. These include certain closing costs, such as legal fees, title insurance, and recording fees. Mortgage interest and property taxes paid at closing are not added to the basis but may be deductible as itemized deductions on your annual tax return.

1031 Exchange

To defer capital gains taxes, consider utilizing a 1031 exchange, which allows for the reinvestment of proceeds from the sale of one property into another like-kind property. This defers the tax on the gains until the replacement property is sold, providing opportunities for continued investment growth without immediate tax consequences.

State and Local Taxes

In addition to federal taxes, state and local governments may impose additional taxes on the sale or transfer of property. These can include transfer taxes, recording fees, and local capital gains taxes. It’s essential to consult with a local tax accountant who understands the specific implications in your jurisdiction.

A Tax Accountant that Understands Your Needs

The best reason to hire a tax accountant is that we thoroughly understand how taxes work, but moreover, we understand your needs. We know you are probably too busy to take care of your taxes properly and get the most you can out of them. That is why we want to assist you. To properly handle your finances, there are two main stages:

First, there is tax planning. Sometimes at the end of your fiscal year, hindsight is 20/20. Big purchases and other monetary decisions can have major repercussions, which can be very complicated to manage. Not to worry, we will take care of it for you. Proper tax planning by Asha Tax & Accounting Services will ensure that you have a strategy in place to minimize how heavily you are being taxed going forward. We’ll work with you to develop a personalized tax plan that helps you save now and well into the future. Whether you need to plan for estate taxes, income taxes, or for a real estate transaction, you can depend on us as your go-to tax planner.

Then, there are the tax returns. This is our specialty. Don't worry about all of the fine print, we will take care of it for you and make sure you come out with hands clean. We ensure that everything is filled out properly and before any deadlines. Our main goal is to see you get the most out of your tax return. We will help you do that.

If you are seeking help with your taxes, you need the team that can handle your every need. Make the proactive choice and go with the pros. Call us today to book a consultation.

Comprehensive Tax Services

We are certified tax accountants with a diverse set of specializations. Our wide-ranging areas of expertise enable us to offer comprehensive tax accounting services, which include (but are not limited to):

  • Income tax preparation
  • Tax planning
  • Bookkeeping
  • Payroll
  • Unpaid back taxes
  • Audit representation

Whether you're filing your personal taxes for the first time or you need a more efficient payroll system for your growing number of employees, you'll find the support and guidance you need at our firm. If you have an inquiry about a service not listed here, don't hesitate to drop us a line. We love adapting to our clients' needs to deliver a truly personalized, five-star customer experience. We'll do our utmost to accommodate your request.

Tax Planning Strategies That Work

At Asha Tax & Accounting Services, we follow tax planning strategies that work and have resulted from years of dedicated experience. Collaborating closely with you, we craft savvy tax plans that adhere to all government regulations.

As a customer-centric firm, we believe in preserving your hard-earned dollars and stretching them as far as the tax laws allow. Through our unparalleled understanding of tax credits and benefits, we help minimize your tax burden by identifying every potential source of savings. Our mission is to ensure you pay only what is owed to the government, empowering you to save more or allocate your funds as you see fit.

Seize the opportunity to benefit from our expertise—call now to schedule a personalized consultation.

Comprehensive Tax Planning

Comprehensive tax planning is important year-round to ensure your file is ready to submit before the deadline. When you’re our client, you’ll benefit from our unparalleled industry experience and attention to detail as we stand out among the top tax accountant companies in Sunnyvale.

Years of honing our skills have resulted in a wealth of knowledge and an optimized workflow, ensuring a streamlined financial planning service. We possess the insights to identify all you’re entitled to and vigorously follow changes and updates to local and national tax laws.

Through confidential consultation services, we delve into the intricacies of your situation, allowing us to tailor a savvy tax strategy that maximizes your earnings. Our unwavering commitment remains steadfast throughout every stage of our process. Connect with us today to discover how we can assist in organizing your finances.

Timely, Diligent Tax Filing

When you need your taxes done, you need them done fast—and done right.

Asha Tax & Accounting Services provides timely, reliable tax filing to take the stress of taxes off your shoulders. Combining years of experience, we make it fast, simple, and affordable for you to do your taxes on time.

All you need to do? Contact us today. From there, we'll set up an appointment with you to discuss your tax needs, look for ways to lower your tax burden, and send your taxes to the government. Whether you're running late this tax season or you forgot to do your taxes last year, rest assured: We have you covered with tax solutions you can count on.

Make the Most of Your Tax Return

Navigating the tax system can be a challenge for even the most math-savvy. At Asha Tax & Accounting Services, we leverage our thorough understanding of tax laws to help you minimize your tax burden and maximize your money savings. We work closely with each client to develop a personalized tax plan tailored to their individual circumstances. When you choose us, we'll take full stock of your finances, income, and any tax credits for which you may be eligible. That way, we can make you pay in tax only what you should. No more, no less.

Clients across Sunnyvale and beyond have come to trust us to do their taxes. The reason is simple: Year after year, we've managed to save them time and money. We've helped them get the most back from their tax returns. We're confident we can do the same for you, too.

Get more out of your tax return. Keep your money—and contact us to start saving today.

Tax Planning You Can Trust

We offer comprehensive tax planning solutions to help you manage your wealth, reduce your tax burden, and guarantee your financial security. Whether you have multiple income streams, you've inherited wealth, or you just need help getting ready for the tax season, you can take advantage of our tax planning services.

At Asha Tax & Accounting Services, we pride ourselves on providing a client-focused service. We offer thoughtful advice and personalized guidance to help you navigate the tax system and plan your finances accordingly. We're committed to helping you make the most of your income—and we show every client the care, attention, and respect they deserve. For tax planning you can trust, we're the accountant you can trust.

When to Hire a Tax Accountant

Basically, a tax accountant's job is to build effective tax strategies for the client. At Asha Tax & Accounting Services, we will arrange audits, minimize, and sometimes even, eliminate certain tax payments by thoroughly analyzing your finances. Our services are helpful to a wide variety of clientele, including:

  • Public and private companies
  • Small businesses
  • Non-profit organizations
  • Government agencies
  • Individual clients

If you have a complicated tax situation, it is our job to interpret it to plain language that you can understand, preparing any documents that are useful to your situation. We can explain tax laws to you as well as any changes in the law that might affect your returns. Once we have sifted through everything and prepared all the correct documentation, we will file your tax returns for you, ensure that you meet all the necessary tax regulations and laws, giving you a better result.

We are here to ensure the accuracy of your financial statements, correctly tabulate your taxes owed and what your return will be, all while making sure everything is submitted on time. Additionally, if you need guidance, we can help your business or non-profit develop a strategy for wiser spending and improve your profitability or income.

Certified Accountants

It's no secret that the driving force behind our success as an accounting firm lies in the talent and expertise of our team of accountants. We are fully licensed, certified and insured professionals who know how to navigate and simplify even the most complex financial situations.

As a firm, we're never satisfied with the status quo. Instead, we're continually adding to our knowledge with regular professional development opportunities. We stay abreast of changing tax laws and regulations to ensure our clients never miss a credit that they might be eligible for.

Tax season doesn't have to be a scary word—not with our team behind you. When you need help with your taxes, turn to the certified tax accounting specialist. Turn to the accounting agency you can trust. Contact us to see how we can save you time and money today.

Transparent Tax Services

Navigating your personal tax file can be stress-inducing. From ensuring you have all the documents in place to wondering if you paid enough income taxes for the year, we understand the frustration. With that in mind, one of the top reasons our clients love working with us is that we provide transparent tax services.

We will walk you through the process of building your annual tax portfolio, including why we need specific documents, which documents to keep qualifying you for tax breaks, etc. We've helped hundreds of clients like yourself understand their taxes and financial situations, and we are eager to help you get caught up on your taxes and stay on the good side of the IRS.

Get Your Taxes in Order for Success

Our tax accountants will work with you to get your taxes in a state that minimizes your tax obligations and maximizes your cash flow. With our expertise, you will have access to your personal financial data that shows you exactly where you stand and empowers you to enhance your financial hygiene and portfolio. We're a team of accountants in business to help you prosper, starting with getting your taxes in order.

Access a Tax Accountant All Year Round

Tax accountants are not only seasonal professionals. They provide service year-round to prepare their clients for the annual tax season. Asha Tax & Accounting Services is a full-service business comprising licensed tax accountants serving Sunnyvale residents. We offer tax planning and preparation service to keep your tax portfolios in order year-round before they come due.

If you're looking for an accountant to oversee your business's quarterly taxes or your personal account, contact us at (408) 306-7450 now to book an appointment for our expert consultation services that you can count on!

Tax Resolution Services You Can Count On

Are you facing complicated tax troubles? Allow our licensed tax accountants to handle them. We will work with you to rectify your taxes and provide the necessary records to the IRS requested in their assessment. Our accountants' exclusive focus is resolving your tax dispute, walking you through the process, and ensuring you know our resolution steps. We encourage you to take advantage of the accountant-client privilege to freely discuss any concerns related to your tax matter without fear of judgment.

Our seasoned tax accountants have decades of combined experience providing first-hand knowledge of managing personal and business taxes, a particular and unique benefit you'll get from working with us. If this is the kind of collaboration you want to resolve your tax dispute, we welcome you to get in touch to schedule a free consultation.

Avoid Tax Preparation Surprises

Declaring inaccurate details to the IRS about annual tax contributions or employment details can land you in hot water. This can easily be avoided by being prepared with a tax file overseen by one of our tax accountants.

We will prepare you for any unforeseen surprises due to state and federal tax law changes that apply to you directly. Our sole purpose is to ensure your taxes are filed seamlessly and without error-which is exactly what you will experience when you partner with us.

Contact Our Tax Specialists Today

It doesn't matter if you're self-employed, retired, or facing an IRS notice for the first time. Your tax problems will find their solution at Asha Tax & Accounting Services.

Depending on your needs and the complexity of your taxes, we are here to help. We understand that it is very difficult to conjure up the time or the patience to do your taxes. So, what better than to outsource the problem. Your complicated tax situation won’t take care of itself. Avoid the mistake of leaving your taxes to the last minute, rushing them, and making errors.

Contact the most trusted and sought-after tax specialist in Sunnyvale to schedule an appointment today. We look forward to hearing from you.