Tax Preparation, Planning & Advisory
For business owners, high-income earners, rental property owners and anyone who wants a tax advisor and partner, not just someone to enter numbers.
We prepare your federal and state returns, for any state, help when decisions come up, and plan with you throughout the year.
Free 15-minute intro call.
Tax preparation, planning & advisory
More than data entry
Anyone can type numbers into tax software. We work as your tax advisor and partner. We learn your business, your rentals and your goals, help you think through decisions when they come up, and plan with you throughout the year instead of only reacting at filing time. We prepare federal returns and returns for every state. Hawaii is home and a specialty, since its tax rules are complicated, and because we also resolve IRS and state tax problems, we know where returns and decisions tend to go wrong.
Preparation
Accurate federal and state returns, for any state, prepared with your whole picture in mind.
Advisory
Helps when a decision comes up, like a new entity, a rental or a letter from the IRS.
Planning
Year-round planning, so decisions are made on purpose, not after the fact.
Our clients
Who we help
Business owners, high-income wage earners and rental property owners in Hawaii and across the country who want an ongoing tax partner, not a once-a-year form filler.
Businesses and business owners
S corps, LLCs, partnerships, sole proprietors and the self-employed. Business tax preparation, plus a partner on entity choice, owner pay, estimated taxes and state filings.
High-income W-2 wage earners
Tax planning for high earners with complex W-2 income, equity compensation, estimated taxes or a move between states, with an advisor who looks ahead, not just back.
Rental property owners and investors
Long-term and vacation rentals, in Hawaii or anywhere else. Rental property taxes, depreciation, passive activity rules, and help thinking through purchases and sales.
Tax preparation
Get your returns prepared and filed
We prepare your federal and state returns, for any state, from your records, answer questions along the way, and file them for you. That includes business returns, rentals and the personal returns that go with them.
- S corporation tax returns (Form 1120-S) and owner W-2 / K-1 reporting
- Partnership and multi-member LLC returns (Form 1065)
- Sole proprietors and self-employed Schedule C returns
- Individual returns for high-income W-2 earners, federal and state
- Rental property income, expenses and depreciation
- Multi-state returns: moves, nonresident income and income earned in more than one state
- Prior-year returns if you're behind (unfiled returns help)
Tax advisory
Tax advisory when decisions come up
Tax questions don't wait for April. These are the ones business owners, high earners and rental owners bring to us most.
Choosing and setting up a business entity
Sole proprietor, LLC or S corp? We explain the tradeoffs, when an S corp election may make sense, and help set it up with the right documentation.
Reasonable compensation and payroll projections
Set a reasonable salary for S corp owners and project payroll taxes before you run payroll.
Quarterly estimated taxes
Work out what to pay and when, federal and state, so you are not surprised at tax time.
Hawaii GE and TAT
Registering, filing and staying current with General Excise and Transient Accommodations Tax.
Learn more →Rental and real estate questions
Depreciation, passive activity rules, buying or selling, and cost segregation, a study that identifies parts of a building that may be depreciated faster.
An IRS or state tax letter arrives
Talk to us before you respond. We explain what the letter means and what to do next.
Tax planning
Plan ahead, all year
Once the year is over, most tax decisions are already locked in. Planning throughout the year gives you a chance to make them on purpose.
Tax projections during the year
Check where you stand as the year unfolds, not just in December, so there is still time to adjust.
Buying or selling property
Think through timing, depreciation and what a purchase or sale could mean for your taxes before you sign.
Buying or selling stocks
Look at the tax side of selling investments, gains and losses, and timing before you trade.
Retirement planning
Saving for retirement, and for those nearing or entering it, how withdrawals, Social Security and other income may be taxed.
Life and business changes
Starting a business, getting married, a new job or equity grant, or a move to another state.
Hawaii-specific items
Plan for Hawaii income tax, GE and TAT, Hawaii withholding when a nonresident sells Hawaii property, and where Hawaii rules differ from federal rules.
Enrolled Agents, licensed nationwide
Our Enrolled Agent license comes from the IRS, not a state board, so we can prepare returns and represent taxpayers in all 50 states, wherever you live.
Taxes are our only focus, all year. Steven Montgomery, EA is also a Main Street Certified Tax Advisor.
Simple process
What happens next
Three steps. You'll know what's involved before any work starts.
Free 15-minute intro call
Tell us what you need help with. It's a short call to see if we're a good fit.
Learn what's involved
We explain the comprehensive consultation, the documents we'll need and how billing works.
We get to work
We prepare and file your returns, or work through advisory and planning with you.
FAQ
A few common questions
How is this different from just getting my return prepared?
A return records what already happened. As your tax advisor and partner, we also look ahead. We learn your business, rentals and goals, help you think through decisions when they come up, and plan with you throughout the year. Tax resolution is a big part of our work too, so we know where returns tend to go wrong.
Can you prepare S corp, LLC and partnership returns?
Yes. We prepare business tax returns for S corporations (Form 1120-S), partnerships and multi-member LLCs (Form 1065), and sole proprietors, along with the owners' federal and state personal returns. Hawaii GE and TAT filing is available as a separate service.
Do you help with rental property taxes?
Yes. We prepare returns with rental income and expenses, depreciation and passive activity rules, for properties in Hawaii or other states, and help you think through cost segregation, purchases and sales. Hawaii GE and TAT filing for rentals is available as a separate service. Hawaii GE & TAT help.
I'm a high-income W-2 earner. Is tax planning worth it?
Often yes when income, equity compensation, estimated taxes or a move between states make the return more complex. We walk through your situation on a free intro call so you can decide what help you need.
What's the difference between an EA and a CPA?
Both are respected credentials, and both can represent taxpayers before the IRS. Enrolled Agents are licensed by the IRS itself, which authorizes us to represent taxpayers before the IRS in all 50 states, and our work centers on taxes. CPAs are licensed by state boards of accountancy and can generally practice in other states under mobility rules, and many CPA practices also include accounting and audit work. The right fit depends on what you need.
How do I get started?
Book a free 15-minute intro call. We'll learn what you need, explain the comprehensive consultation, the documents to gather and how billing works. Then you decide whether to move forward.
E komo mai, come on in.
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