Tax Services Oahu
Taxes are unnecessarily complicated.
Our goal is to make it more simple and less time consuming for you.
Premium Income Tax Preparation Services
We specialize in s corporation, small business, and investment property taxes.
Advanced/high quality services from an EA.
Tod Marcus EA and Erin Momono EA specialize in s corporation taxes, small business taxes, investment/rental property taxes, and taxes for practitioners.
Enrolled agent status (EA) is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.
Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights.
This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
Our availability may be limited. Please contact us early for a quote and to see if we are a good fit.
Business Tax or Capital Gains Consultation
Quickly learn the essentials that you MUST know about your business taxes.
Capital gains tax calculations and estimated tax support.
We can answer the many questions you may have with a one-on-one consultation which includes information on bookkeeping, tax deductions, Hawaii GE Taxes, estimated tax planning, entity organization, tax mitigation, some business coaching, LLC and S Corporation taxation, and we will address any of your additional concerns.
We also provide consultation, calculation, estimated tax support, and gift tax considerations for the sale of your property.
Please note, however, that we do not provide consultations or meetings during tax season (January through April).
We charge $350 for a business or capital gains tax consultation which can be fully applied to future income tax preparation services (see our terms of service for more details).
Tax preparation services for Honolulu and All of Oahu.
Do not stress about completing your business taxes. It is generally a simple process.
We are experienced and committed.
1% of all gross sales go to local and global charity.
Hawaii Tax Guides:
Help with Hawaii Letter for General Excise / Transient Accommodation Tax
Did you receive a letter from Hawaii with an assessment for General Excise or Transient Accommodations tax? Here’s how to handle it.
Claiming The Hawaii Refundable Food/Excise Tax Credit
Lots of Hawaii Taxpayers miss the Hawaii Refundable Food/Excise Tax Credit when they prepare their state tax return. There has been some recent changes to this credit too. Here’s how to claim the credit and who qualifies for it.
The Hawaii Credit for Low Income Household Renters
Hawaii policy makers created a small renters’ tax credit for those with low to moderate income. This credit is claimed along with your Hawaii State Income Tax Return. See if you might qualify for the Hawaii Renters Tax Credit.
Watch out for fake IRS scams – they are more aggressive and more believable than ever. They will call pretending to be the IRS and they will ask you for money. These scammers can be EXTREMELY convincing. The IRS will generally not call you and they will not ask you for payment information over the phone. Call with any questions if you receive something suspicious.
There are many reasons as to why it might benefit you to file an amended tax return. This article explores the top three.
Filing an Extension and Filing late
It’s much better to “file” and not “pay” your taxes than it is to not file your tax returns at all. Find out why. Some taxpayers believe that filing an extension gives them more time to pay their taxes without penalty. This is not always true and this is NOT why the IRS grants extension. An extension only gives you more time to file. You still are expected to pay in your estimated tax balance by the original deadline to avoid penalties and interest.
Receiving a letter or notice form the IRS or the State of Hawaii Department of Taxation can be difficult to understand and stressful. In many cases, the IRS and the state are correct in their assessments. In some cases, however, they do not apply legitimate deductions and the tax they are asking for might be more than you actually need to pay. In this article we explain why you might get a letter from the IRS and what to do when you receive one.
If you are behind on your tax filing, it is always a great idea to put some time aside to get caught up. You may be missing out on tax credits and potentially years of future tax benefits. In many cases, getting caught up on back taxes is not that difficult.
Tax Deductions That Build Wealth
There are a few legitimate tax deductions out there that will help to make you rich. These are a”double whammy”. You get the instant gratification of paying less in taxes for right now and the “future you” will be more wealthy as well.
HARPTA – Guide to Hawaii Non Resident Property Sales
Hawaii will withhold 7.5% of the total sale of Hawaii property from non-residents. In some cases, sellers can reclaim some or all of this withholding and get a refund. Here’s how.
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