Business Details
47 Years
experience
Expert Tax Preparation & Accounting Services in Palm Springs, CA
As a certified public accountant with over four decades of professional experience, we specialize in providing comprehensive tax preparation and accounting services to individuals, expatriates, and non-residents. Our practice was established in North Carolina in 1979, and we have been operating in California since 2006. Our extensive background includes senior roles in corporate accounting systems design, ownership of multiple businesses, and international residence experience that informs our expertise in expat tax matters.We offer personalized consultations to understand each client's unique financial situation and deliver tailored solutions that prioritize compliance, accuracy, and tax optimization. Our services span individual and business tax preparation, foreign bank account reporting, and specialized guidance for overseas military contractors, supported by a commitment to clear communication and client education.
Services
Individual Tax Preparation
Expat Tax Services
Foreign Bank Account Reporting
State Tax Filing
Prior Year Tax Amendments
Non-Resident Tax Returns
Details
- Year established: 1979
Highlights and features
- We offer over 40 years of CPA experience in individual and expat tax matters.
- Our practice provides personalized initial consultations at no cost to clients.
- We combine expertise in foreign bank account reporting (FBAR) with global tax compliance.
- Our services accommodate local clients and international customers through virtual communication.
- Our CPA holds dual qualifications in accounting and business management (MBA).
Services
Individual Tax Preparation
Comprehensive preparation and filing of Form 1040 returns for individuals, including itemized deductions and multi-state filings. Handles Schedule A deductions, Schedule B reporting for foreign accounts, Schedule C for self-employment, and Schedule D for investment transactions while ensuring compliance with evolving tax regulations.
Expat Tax Services
Specialized tax compliance for U.S. citizens abroad, including foreign earned income exclusions, housing credits, and foreign tax credits. Assists with Form 2555 submissions and navigates Totalization Agreements to prevent dual social security taxation while maintaining compliance with worldwide reporting requirements.
Foreign Bank Account Reporting
Mandatory FBAR (Form 114) preparation for accounts exceeding $10,000 annual aggregate balances. Provides guidance on penalties, voluntary disclosures, and proper reporting procedures for signature authority accounts and joint ownership situations across multiple foreign jurisdictions.
Non-Resident Tax Returns
Preparation of Form 1040NR for non-residents with U.S. source income, including rental property earnings and real estate transactions. Manages tax treaty applications and dual status alien reporting requirements for individuals transitioning between residency statuses.
Prior Year Tax Amendments
Amendment of previously filed tax returns with coordinated state return adjustments. Specializes in statute of limitations management, penalty mitigation, and documentation of foreign tax credits or exclusions that require retroactive application.
People
Albert S. Johnson
CPA, MBA
Certified Public Accountant with 45+ years of experience, including corporate accounting roles and international tax specialization. Holds an MBA from UNC-Chapel Hill and BA from NC State University, with expertise in expat tax compliance.
Questions
Do expatriates need to file US tax returns?
Yes, US citizens and permanent residents living abroad must file annual tax returns reporting worldwide income, though foreign tax credits and exclusions often reduce or eliminate liability.
When must foreign bank accounts be reported?
Foreign financial accounts exceeding $10,000 aggregate value require FBAR filing (Form 114) by June 30, separate from regular tax returns.
How are prior tax returns handled?
We prepare amended returns for past years, coordinating with state filings and ensuring proper application of current tax laws to previously filed documents.
What payment methods do you accept?
We accept payments via check in US funds and major credit cards, with invoice processing available for deposit and final payments.
Can non-residents receive tax refunds?
Non-residents with US source income may qualify for refunds through tax treaties or proper application of Form 1040NR with documented withholding reconciliations.
