Awards & Recognition
Operating a successful business demands hard work, intense focus, clear vision, and continuous innovation. Unfortunately, it also demands meticulous tax and financial planning, which requires two things that business owners usually lack: ample spare time, and an expert familiarity with the Internal Revenue Code. Let the Sacramento business tax attorneys at the Tax Law Office of David W. Klasing handle all of your business’ tax, bookkeeping and accounting needs, so that you can focus your time and energy on your real priority: growing the company you’re passionate about.
Whether your business tax issue involves California tax regulations, federal tax laws, or the intersection where they meet, rely on the Sacramento tax attorneys at the Tax Law Office of David W. Klasing to provide your small, mid-size, or large business with practical financial guidance and aggressive legal representation. Offering a wide array of legal and financial tax services throughout the Sacramento region, our corporate tax lawyers and CPAs are available nearly 24/7 to provide counsel.
Business Services Q and A libraries:
See our Entity Selection Q and A Library
See our Business Purchases and Sales Q and A Library
See our Online Business Q and A Library
See our Car Dealership Audit Q and A Library
See our Business Succession Q and A Library
See our International Tax Q and A Library
Sacramento Tax and Accounting Services for California and Foreign Businesses
We are a boutique tax firm with offices in Sacramento serving C corporations, S corporations, limited liability companies (LLCs), general partnerships, limited partnerships (LPs), sole proprietorships, local and family business, middle market companies, small startups, freelancers, and independent contractors. No matter what sort of business or organization you represent, we have the ability to deliver tailored tax guidance on the cutting edge of the latest legislation, such as the Tax Cuts and Jobs Act (TCJA) or evolving guidelines around Bitcoin and virtual currencies.
Entity Selection and Formation Services
Our business entity formation attorneys can help you compare entity types, weigh their advantages and disadvantages, and start a business that fits your goals and vision.
Business Succession Planning Services
The overall goal of our business succession planning attorneys is to help you create a clear, financially viable plan for the future of your company, providing continuity and stability when the company’s current ownership changes.
Contract Drafting and Review Services
Business transactions can expose you to unwanted tax consequences if you overlook fine print or forget to consider certain tax laws. Our business transaction attorneys can review your contracts and evaluate prospective business deals to advise you on the potential tax outcomes.
Business Tax Audit Defense Representation in Sacramento, CA
Unfortunately, federal and State of California (FTB, EDD and CDTFA) tax audits are an inevitable part of the life cycle for most business entities. This is particularly true of certain types of businesses that the IRS or California has deemed high risk for criminal tax activity, such as automotive dealerships, dental practices, veterinary practices, and cash-based businesses. Business can also be singled out for audits if they engage in international commerce, make online sales in the state of California, or do business with companies that have been audited in the past.
See our Audit Representation Q and A Library
See our Sales Tax Q and A library
See our Employment Tax Law Q and A Library
California and IRS Tax Audit Defense for Businesses
Businesses can be audited at the federal level by the IRS, or, at the state level, by the Franchise Tax Board (FTB), which handles business income tax audits in California; the Employment Development Department (EDD), which handles employment tax audits in California; or the California Department of Tax and Fee Administration (CDTFA), which performs sales tax audits in California. Our office can assist your business with any type of California or IRS audit, including associated audit appeals and tax litigation.
See our IRS Appeals Q and A Library
See our Tax Litigation Q and A Library
Sacramento Business Tax Lawyer + CPA for Corporations, LLCs, and Partnerships
In a competitive economy, the margin for error is razor thin. Give your business every advantage possible by working with an experienced and proven tax attorney for corporations, LLCs, partnerships, and sole proprietors. A carefully considered tax strategy can be the difference between failure and success – especially in a state as strictly regulated as California.
For a reduced-rate consultation about a business tax audit, employment tax compliance, tax considerations when starting a business, dissolving a business, expanding your business overseas, or other business tax and accounting questions, contact us online, or call the Tax Law Office of David W. Klasing in Sacramento at (916) 290-6625. Please note all meetings at our Sacramento office must be arranged in advance.
Business Tax, Accounting, and Bookkeeping FAQs
Business tax planning is a major undertaking, especially if this is your first time starting a business in California. The FAQs below may help to provide clarity, though you are strongly recommended to discuss your tax questions with an attorney before taking action.
- Can you convert a C corporation to an S corporation in California?
- How are foreign corporations taxed on U.S. source income?
- How is business income earned by nonresidents taxed?
- Is it better to form an LLC or an S corporation?
- Is keeping bad business books a federal tax crime?
- What are some common business tax mistakes to avoid?
- What is the difference between general, limited, and limited liability partnerships?
- What is the most popular type of business entity?
- What should small business owners know about California and IRS payroll tax audits?
- When should you start business succession planning?
Note: If you have concerns about the privacy of our initial or subsequent communication and are unable to easily travel to our Irvine / Orange County Main Office, consider scheduling a GoToMeeting to safely and securely establish an initial or maintain an existing attorney client relationship. With end-to-end encryption, strong passwords and top-rated reliability, no one is messing with your meeting. To schedule a reduced rate initial consultation via GoToMeeting follow this link. Call our office and request a GoToMeeting if you are an existing client. We are generally happy to travel to any of our appointment only satellite offices for a subsequent meeting in appropriate circumstances once a relationship is established via a signed engagement letter and the payment of an initial retainer or where enough retainer is available where a current client to cover the reasonable travel time and time required for the meeting.
Will it cost me more to hire the Tax Law Offices of David W. Klasing, who’s main office and the vast majority of the firm’s staff is located in Irvine California, but an appointment only Satellite office is close to my location, as opposed to a local company? Absolutely not! See our policies that address this issue here:
