SERVICES

Every accounting service you need,
handled directly by a CPA.

From individual tax preparation to business accounting, audit representation, and nonprofit compliance (Form 990, 501(c)(3)) — eight core services under one roof.

01

Individual Tax Preparation

개인 세금보고

Whether you're a W-2 employee, self-employed, an investor, or filing your very first U.S. return, we prepare your federal and state income taxes accurately and on time. We don't just fill in forms — we look for every deduction and credit that applies to your situation, and we explain the result so you know exactly where your money went.

What's Included

  • Federal & state individual returns (Form 1040)
  • Multi-state returns (NJ/NY and beyond)
  • Self-employment & gig income (Schedule C)
  • Rental property income (Schedule E)
  • Investment income & capital gains
  • First-year filer guidance (new immigrants, visa holders)
  • Amended returns & prior-year filings
  • ITIN application assistance
Right for you if: you've been missing credits like the child tax credit, you have income across multiple states, your self-employment expenses aren't organized, or this is your first U.S. tax year and you don't know where to begin.
02

Business Tax & Accounting

비즈니스 세금·회계

Behind every sound business tax return is sound bookkeeping. We provide both: monthly or quarterly bookkeeping, financial statements you can actually use to run your business, and corporate, partnership, and LLC tax returns prepared by a CPA who understands your books because we keep them.

What's Included

  • C-Corporation returns (Form 1120)
  • S-Corporation returns (Form 1120-S)
  • Partnership & LLC returns (Form 1065)
  • Bookkeeping (monthly/quarterly)
  • Financial statement preparation
  • QuickBooks setup & support
  • Year-end closing & 1099 issuance
  • Sales tax accounting integration
Right for you if: you run a restaurant, retail store, service business, or professional practice; your books are disorganized; or every tax season eats days of your time gathering paperwork.
03

Business Formation

회사설립

The structure you choose at the start — LLC, S-Corporation, C-Corporation, or partnership — affects your taxes for years to come. We help you choose the right entity for your goals, register it properly with the state, obtain your EIN, and make the tax elections that save you money from day one.

What's Included

  • Entity selection (LLC vs S-Corp vs C-Corp)
  • State registration (NJ, NY, and other states)
  • EIN (federal tax ID)
  • S-Corporation election (Form 2553)
  • Initial payroll & sales tax account setup
  • Filing calendar & ongoing requirements
  • DBA registration, Operating Agreement templates
  • Documentation for business bank account setup
Right for you if: you're starting a new business, considering converting from sole proprietor to LLC or S-Corp, expanding into another state, or launching a business with a partner.
04

Payroll & Sales Tax

페이롤·세일즈택스

Payroll and sales tax filings come with strict deadlines and steep penalties for mistakes. We take them off your plate entirely: employee payroll processing, payroll tax deposits and returns, year-end W-2s and 1099s, and New Jersey and New York sales tax reporting — all filed correctly and on time.

What's Included

  • Payroll processing & direct deposit coordination
  • Federal payroll tax returns (941, 940)
  • State payroll tax filings (NJ, NY, others)
  • W-2 & 1099 preparation and distribution
  • NJ & NY sales tax registration
  • Monthly & quarterly sales tax filings
  • New-hire reporting
  • Unemployment & workers' comp filings advisory
Right for you if: you have employees or plan to hire soon, you've ever missed a sales tax deadline, or you sell across multiple states as an e-commerce business.
05

IRS & State Audit Representation

세무감사 대응

An IRS or state tax notice is stressful — but it's rarely as bad as it looks, and you never have to face it alone. As a licensed CPA, Hannah Kim can represent you before the IRS and state tax authorities: we review the notice, respond on your behalf, gather the documentation, and negotiate toward the best available resolution, including payment plans and penalty relief where applicable.

What's Included

  • IRS & NJ/NY notice review and response
  • Audit representation
  • Back taxes & unfiled returns
  • Installment agreements
  • Penalty abatement requests
  • Offer in Compromise evaluation
  • Levy & wage garnishment response
  • Innocent Spouse Relief consultation
Right for you if: you've received an IRS or state notice, haven't filed for several years, are facing bank levy or wage garnishment, or have a tax matter tied to a spouse's returns.
06

Foreign Asset Reporting (FBAR & FATCA)

해외금융자산 신고

If you're a U.S. citizen, green card holder, or tax resident with financial accounts overseas — bank accounts, investments, pensions, or insurance in Korea or elsewhere — U.S. reporting rules likely apply to you. The penalties for missing these filings can be severe, but there are safe paths to compliance. We prepare FBAR (FinCEN 114) and FATCA (Form 8938) filings and guide clients who need to catch up on past years.

What's Included

  • FBAR (FinCEN Form 114)
  • FATCA (Form 8938)
  • Foreign income reporting (interest, dividends, pensions)
  • Catch-up procedures (Streamlined Filing, etc.)
  • Coordination with Korean financial documentation
  • Foreign real-estate sale tax advisory
  • Tax treaty benefit analysis
  • PFIC (passive foreign investment) guidance
Right for you if: you have Korean bank accounts, pensions, or insurance policies; you've sold or are selling Korean real estate; you've never reported foreign accounts since immigrating; or you've inherited or received foreign assets.
07

Tax Planning & Consulting

절세 플래닝·컨설팅

The biggest tax savings happen before December 31, not in April. We work with clients year-round on the decisions that shape their tax bill: retirement contributions, business income timing, entity structure, real estate transactions, and major life changes. You'll always know the tax consequences before you decide — not after.

What's Included

  • Year-end tax planning meetings
  • Estimated tax calculations
  • Retirement strategy (IRA, 401(k), SEP-IRA, Solo 401(k))
  • Business structure review & restructuring
  • Tax impact analysis for major decisions
  • Real estate sale & 1031 exchange advisory
  • Education savings strategy (529, Education Credits)
  • Long-term retirement & estate tax planning
Right for you if: every April brings a tax surprise, you have a major asset sale coming up, retirement is 5–15 years away, or you're facing a big transition like a business sale or expansion.
08 · SPECIALTY

Nonprofit Accounting

비영리단체 회계 — Form 990, 501(c)(3)

Churches, Korean schools, foundations, community associations, volunteer organizations — the Korean-American communities of New Jersey and New York are home to many tax-exempt nonprofits. But tax-exempt does not mean filing-exempt. Miss a Form 990 filing and your exempt status is automatically revoked; miss a state charitable registration and your fundraising itself becomes unlawful. Nonprofit accounting is one of our specialties, from formation through annual compliance and audits.

What's Included

  • 501(c)(3) tax-exempt application (Form 1023, 1023-EZ)
  • Annual Form 990, 990-EZ, and 990-N filings
  • New Jersey charitable registration (CRI-300)
  • New York charitable registration (CHAR500)
  • Financial statement audits
  • Financial statement reviews & compilations
  • Unrelated Business Income Tax (UBIT) filings
  • Church-specific accounting (clergy housing allowance, compensation)
  • Board of directors financial reporting
  • Internal controls & accounting policy advisory
  • Donation intake & substantiation systems
  • Ongoing exempt-status compliance advisory
Right for you if: you're forming a new nonprofit, your organization lost exempt status because 990s weren't filed, your donations have grown to a level requiring an audit, or a finance handoff has left records unclear. Note: Form 990 is due May 15 for calendar-year filers — don't miss it.

Not sure which service you need?

The initial consultation is free. Tell us your situation and we'll help you understand what fits — and what it will cost.

Schedule a Free Consultation