Osheen's Taxes Services

Osheen’s Taxes is Glendale’s premier Tax Preparation Service, specializing in high-value tax strategy for LLCs, S-Corps, and complex individual filings. As a trusted Tax Consultant, we go beyond basic data entry to offer proactive S-Corp election strategies that save our clients thousands in self-employment taxes. Our comprehensive Bookkeeping Service ensures your business stays audit-ready year-round with precise monthly reconciliations and financial reporting. Whether you need an IRS audit representative, a "catch-up" bookkeeping expert, or a specialist for Trust and Estate returns, our Glendale team provides the local expertise you deserve. Stop overpaying the IRS and start scaling your business with Osheen’s Taxes. 

Category 1: Business & Corporate Services

1. S-Corp Election (Form 2553) Filing: We handle the critical Form 2553 filing to transition your LLC to an S-Corp, unlocking significant self-employment tax savings for Glendale business owners.
2. S-Corporation Tax Preparation (1120-S): Expert preparation of Form 1120-S. We focus on "Reasonable Compensation" and maximizing shareholder distributions to keep more profit in your pocket.
3. Partnership Tax Returns (Form 1065): Comprehensive master returns for multi-member LLCs. We ensure accurate capital account tracking and seamless K-1 generation for all Glendale partners.
4. C-Corporation Tax Filing (Form 1120): Strategic tax filing for C-Corps. We navigate the 21% flat tax rate and help manage the complexities of corporate dividends and retained earnings.
5. Single-Member LLC Tax Strategy: Tailored tax planning for solo entrepreneurs. We move beyond basic filing to identify growth-focused deductions and audit-proof your Schedule C.
6. Multi-Member LLC Tax Compliance: Managing complex basis adjustments and partner distributions for Glendale LLCs. We ensure full compliance with California state and federal tax laws.
7. Business Entity Selection Consulting: Starting a business in Glendale? We analyze your projected income to help you choose between LLC, S-Corp, or C-Corp for maximum tax efficiency.
8. Reasonable Compensation Analysis: Using specialized data to set a defensible W-2 salary for S-Corp owners, protecting you from IRS scrutiny while minimizing payroll taxes.
9. Corporate Minute Book Maintenance: We assist Glendale corporations in maintaining proper meeting minutes and records, a critical step for preserving your "corporate veil" and liability protection.
10. California Franchise Tax Board (FTB) Filings: specialized handling of California-specific tax requirements, including the $800 minimum franchise tax and the 1.5% S-Corp income tax.
11. City of Glendale Business License Support: We help local entrepreneurs navigate the Glendale Business Registration Certificate (BRC) process to ensure full municipal compliance and avoid late fees.
12. Dissolution of Business Entities: Expert guidance on the tax implications of closing a business. We handle final filings and asset distributions to ensure a clean break with the IRS and FTB.

Category 2: Specialized & Industry Services

1. Real Estate Agent Tax Deductions: Specialized tax prep for Glendale realtors. We maximize deductions for marketing, desk fees, E&O insurance, and local travel expenses.
2. Airbnb & Short-Term Rental Taxation: Expert handling of Schedule E for rental hosts. We manage occupancy taxes, depreciation, and repair vs. improvement classifications.
3. Crypto & Digital Asset Tax Reporting: Precise reporting for Bitcoin, Ethereum, and NFTs. We reconcile your exchange data to ensure accurate capital gains and losses reporting.
4. Influencer & Content Creator Tax Help: Tailored services for YouTubers and influencers. We identify unique deductions for equipment, travel, and brand-related production costs.
5. Healthcare & Medical Practice Accounting: specialized bookkeeping and tax strategy for Glendale dental and medical practices, focusing on high-compliance financial reporting.
6. Construction & Contractor Tax Prep: specialized tax support for tradespeople. We handle job costing, sub-contractor 1099s, and heavy equipment depreciation (Section 179).
7. Retail & E-commerce Sales Tax Support: Managing CDTFA sales tax filings for Glendale retailers. We ensure your online and in-store sales data is accurately reported and remitted.
8. Entertainment Industry Tax Deductions: Dedicated tax support for actors, writers, and directors. We maximize union dues, agent fees, and professional training deductions.
9. Technology Startup Tax Incentives: Helping Glendale tech firms claim R&D credits and navigate early-stage losses to preserve future tax benefits.
10. Non-Profit Form 990 Filing: Expert compliance for 501(c)(3) organizations. We handle the Form 990 series to maintain your tax-exempt status and ensure donor transparency.

Category 3: Personal & Family Tax Services

1. High-Net-Worth Individual Tax Prep: Strategic filing for complex portfolios. We manage multiple income streams, high-value deductions, and alternative minimum tax (AMT) planning.
2. Multi-State Individual Tax Returns: specialized filings for Glendale residents with income from multiple states. We ensure you claim the correct "Credit for Taxes Paid to Other States."
3. Amended Tax Returns (Form 1040-X): Found a mistake on a past return? We file Form 1040-X to correct errors and recover unclaimed refunds from the last three years.
4. Fiduciary & Trust Tax Returns (1041): Precise tax prep for family trusts. We manage complex income distributions and K-1 generation for beneficiaries while minimizing trust tax rates.
5. Estate Tax Return Preparation (706): Compassionate and expert handling of final estate filings. We coordinate with legal teams to ensure all assets are valued and reported correctly.
6. Gift Tax Return Filing (709): Strategic filing for large transfers of wealth. We ensure you correctly apply the annual exclusion and lifetime unified credit.
7. Education & Student Loan Credit Review: We maximize the American Opportunity and Lifetime Learning Credits for Glendale families with students in higher education.
8. HSA & IRA Contribution Strategy: Proactive planning for health savings and retirement accounts. We help you use these "above-the-line" deductions to lower your taxable income.
9. Foreign Asset Reporting (FBAR & FATCA): specialized compliance for clients with overseas bank accounts or investments. We ensure full disclosure to prevent heavy IRS penalties.
10. Adoption Tax Credit Filing: Helping families navigate the complex Adoption Credit (Form 8839) to recover qualifying expenses related to growing their family.

Category 4: IRS Resolution & Problem Solving

1. IRS Audit Representation: Don't face the IRS alone. We represent Glendale taxpayers during audits, managing all correspondence and defending your deductions with documentation.
2. Back Taxes & Delinquent Return Filing: Behind on your taxes? We help you get current by filing multiple years of returns and negotiating with the IRS to reduce stress.
3. Penalty Abatement Petitions: We petition the IRS to remove or reduce penalties for late filing or payment, using "reasonable cause" arguments to save you money.
4. IRS Tax Lien & Levy Release Support: Urgent assistance for Glendale residents facing asset seizures. We work to release liens and levies by establishing compliant payment plans.
5. Offer in Compromise (OIC) Applications: We evaluate if you qualify to settle your tax debt for less than you owe through the IRS Offer in Compromise program.
6. Installment Agreement Negotiations: We negotiate manageable monthly payment plans with the IRS and FTB that fit your actual budget and prevent further collection actions.
7. Innocent Spouse Relief Requests: Specialized support for individuals unfairly held responsible for a spouse's tax errors or fraudulent filings.
8. Wage Garnishment Resolution: Fast action to stop the IRS from taking your paycheck. We work to establish an alternative resolution that satisfies the IRS while protecting your income.

Category 5: Bookkeeping & Payroll (Consistent Contracts)

1. Monthly Bank Account Reconciliation: We ensure every penny is accounted for across all platforms, providing clean, audit-ready financials for Glendale small businesses.
2. QuickBooks Online Setup & Training: We get your business started on the right foot with custom chart of accounts setup and hands-on training for your team.
3. Year-End Financial Statement Prep: Professional P&L and Balance Sheet generation that makes your tax filing seamless and provides a clear picture of your year's performance.
4. Accounts Payable & Receivable Management: We streamline your cash flow by managing vendor bills and ensuring your customers pay you on time.
5. Full-Service Small Business Payroll: Automated, accurate payroll for Glendale employers. We handle direct deposits and all tax filings so you never miss a payday.
6. 1099-NEC & 1099-MISC Generation: We manage your contractor records year-round to ensure your 1099s are sent on time and reported correctly to the IRS.
7. Quarterly Estimated Tax Calculations: We use your real-time bookkeeping data to calculate your estimated tax payments, preventing massive surprises and underpayment penalties.
8. Workers' Comp Audit Support: We provide the precise payroll records and reporting needed to satisfy workers' compensation insurance audits quickly.
9. Sales Tax (CDTFA) Filing & Compliance: Precise tracking and filing of California sales and use tax, ensuring you stay compliant with state-specific retail regulations.
10. "Accountable Plan" Reimbursement Setup: specialized setup to allow your S-Corp to reimburse you tax-free for home office and travel expenses, a major win for business owners.