Accounting for Individuals and Businesses in San Diego Area of the Golden State

San Diego, and actually all of California, has been well-known for being a center of technology innovations over the past couple decades. Being versed in the latest innovations in accounting, we were attracted to this area as well. 

More than ten years ago, when Dimov Tax started, the field was slow to pick up what we take for granted in other industries – immediate responsiveness, latest technology advancements and services tailored for the client’s needs. Our focus on providing customized, round-the-clock services has allowed us to not just stay in business, but actually to exponentially grow, a rare achievement during the rough seas of the last two years.

For the complete list of services please check the San Diego Accounting and Tax Services section. Very briefly, we offer:

Individual Tax Preparation & Strategy

Individual tax planning is our signature specialty and most common engagement in terms of client volume – we are excited to tackle the most simple to most complex individual tax issues, including international reporting, rental properties, equity compensation, multi-state questions, etc.

Regarding tax strategy, we are often hired to assist with estimated/quarterly tax planning, planning related to marriage/new home/new child, strategy regarding new jobs/new state moves, and equity compensation, such as RSU/ISO/NSO/ESPP. 

Other more advanced strategies include qualified opportunity funds, donor advised funds, 1031 exchanges, and other real-estate deductions/exclusions. These are just a few of many topics, so message us below with questions.

Corporate Tax Compliance

Need to file your Delaware C-corp return for your startup? Or are you a traditional business or consultancy that must file their routine returns and TX state franchise reports? Contact us below to ensure that these are both filed correctly while at the same time optimized for the best possible tax strategy. Please make sure to contact us far ahead of the deadlines to ensure  you have all the items we will need for your filing.

Bookkeeping

We are familiar with all common software platforms for bookkeeping, such as Quickbooks, Xero, Wave, Freshbooks, any many more. If your business requires bookkeeping, contact us below for a quote. This includes both bookkeeping cleanup projects as well as ongoing bookkeeping support, whether monthly or quarterly. 

Business Strategy

Tax strategy is important both for established companies as well as startups. Some common topics to cover are optimal business structure (s-corp vs LLC vs c-corp), business deductions, R&D tax credits, depreciation & special depreciation, and many more. 

Once you have decided on the best structure, we are happy to perform formation tasks (creating the LLC, corp, etc.). 

Due Diligence & Attestation work

Due diligence engagements are for situations where a company is being purchased & the books must be scrutinized to validate the company’s financials ahead of the acquisition. This is especially common in the Seattle Area, where we have constant M&A activity. Due diligence also includes forensic accounting engagements, such as during a court case or a divorce. Attestation work includes audits, reviews, and compilations. We are licensed & peer reviewed, as well as registered with the PCAOB.

HR Outsourcing

This includes assistance with payroll implementation, benefits, etc. The difference between using us and a major PEO is support. Most PEOs operate under the same familiar model of having as many clients as possible then outsourcing or automating the support. This can work well in routine situations. However, if your business requires dynamic assistance, such as growth in multiple states, fixing errors in payroll, implementing creative compensation arrangements, juggling tax responsibilities and timing, or other unique situations, a PEO (or any company too large to bend backwards for a small client) will just not be able to handle that type of custom support. Contact us below for assistance with payroll implementation and HR outsourcing.