_BMP.png)
Practice Areas
Tax Preparation
From individual tax preparation to corporate tax preparation, Philip Yeung C.P.A., Inc. offers insightful financial expertise and tax preparation services.
Our tax services focus on maintaining profitability and capitalizing on any new opportunities.
At Philip Yeung C.P.A, we steer you closer to these goals with over three decades of experience. Our tax preparation experts stay on top of the latest tax laws and regulations so you can be confident that you are not missing out on any money-saving opportunities.
Payroll
We’ll automatically calculate how much your employees should be paid each pay period, taking into account hourly rates and salaries, shift differentials and overtime, and all of Federal, state and local taxes relevant to your business.
Your payroll taxes will be calculated, withheld and paid, accurately and on time. Quarterly reports will be filed and W-2 and 1099 forms will be generated at the end of the year.
Quarterly and year-end reports are filed for you, and W-2 and 1099 forms are created at year-end.
We can prepare paychecks, direct deposits, paystubs, etc., just let us help you establish the proper level of service. And we’ll never overburden you with difficult to understand and overcomplex reports. We like to keep things simple for you when we can.
We also can handle those pesky annual Workers Compensation audits if you wish.
Bookkeeping
We digitally reconcile your expenses each week and provide you with financial reports so you can stay ahead of your business’s financial health.
We take the stress out of tax season by seamlessly taking your businesses financials and preparing and submitting your corporate tax return, always on time.
With the most recent U.S. Supreme Court decision opening a Pandora’s Box of compliance and jurisdictional registration issues for many online and e-commerce businesses, we can help sort through the issues and establish best practice compliance measures for you to avoid penalties and interest.
We file sales taxes for many clients in several states in addition to California, and within sub-districts as well.
International Taxation
We have developed expertise in tackling tremendous challenges in navigating multi-national firms in doing business in Hong Kong, China and other emerging market countries.
Amazon FBA consultation,
GIIN registration,
FATCA Compliance, FIRPTA withholdings, ITIN certifications, are a few of our expert areas.
Advisory
Whether you are planning to start a business venture, or already having a successful business, we can help when your business is facing an IRS or tax issue, when you need Tax planning, IRS and tax filing questions, capital gains and losses, employee benefits planning, debt management, accounting software, and more. Our advisory team can help you!