• Precision Handcrafted Income Tax Returns and Services

  • Certified QuickBooks Bookkeeping and Tutoring

  • Business Profit Improvement and Valuation Measures

 

(949) 583 1040  |  (877) 412 1040

Our Commitment to Excellence Includes Continuous Improvement and Innovation

   

Thank you for visiting  on our Tax Reduction Measures page on ProvidentFinancialServices.US.  We appreciate your visit and look forward to fulfilling your needs.

Home
Up

 

For Security Purposes We Do Not Outsource Your Work Offshore nor Store Your Back Up Files Offline

 

 Your income tax returns are only as good as your bookkeeping.  We're experts at both.

 

For Tax Reduction and Preparation, click here

 

For Business Profit Improvement, click here

 

For a Valuation of Your Business, click here

 

Bargain hunting for a cheap bookkeeper?

Learn more

 

CPI and Inflation Data

 

Links to Members of the Provident Professional Group:

Provident Valuation Professionals

Provident Bookkeeping Services

The Provident Group operates in a drug-free work environment.

"There is nothing more expensive than a cheap accountant."

Tax Reduction Measures
 

How We're Different

How This Benefits You
1 We stay continuously updated on the latest income tax developments for you. We know the latest income tax saving opportunities through updates on income tax law, case law, techniques, procedures and policies to keep your income tax at the legal minimum.

We attend professional income tax update seminars, participate in income tax webinars, use updated income tax manuals and handbooks, income tax workbooks, and income tax web sites. 

We subscribe to on-line income tax newsletters published by the IRS  and review continuous income tax information from daily on-line income tax updates, nationally-recognized income tax firms and other professional income tax education sources.
2 We search for ways to apply the latest income tax reduction opportunities to your unique circumstances. None of the income tax developments are useful unless they can be applied to your unique circumstances.  

To start, we ask you in-depth questions to understand your unique circumstances and uncover any tax reduction opportunities. 

Then we follow up with any questions, issues, confusions with either an in-person income tax interview at our office, or we can save you time by following up with phone calls, emails or faxes, as appropriate, to apply the legally-acceptable income tax savings measures to your circumstances.
3 We consider current, prior and future years to minimize your income tax across a broad time horizon. We know when to apply the correct income tax savings opportunities to provide the greatest overall income tax savings across multiple years.

Sometimes, it is not the best strategy to apply income tax savings options exclusively to the current income tax year.  We make the effort to consider both the benefits and burdens to applying certain optional benefits to prior or future years. 

This extra effort takes into account the highest and best use of your income tax savings opportunities.
4 We properly apply the correct income tax law to your circumstances. Income tax reduction is false economy if the tax law is not properly applied to your circumstances.  

Incorrect or inappropriate application of income tax laws could increase your income tax, increase your exposure to an income tax audit, increase your expenses by assessment of penalties and interest, jeopardize your future peace of mind by future income tax audits and undermine your financial stability.
5 We provide a comprehensive review of prior-year income tax returns for new clients. Prior year income tax returns from a prior income tax preparer may be incorrect, incomplete or hold opportunities for income tax reduction for current or future years.

We conduct an in-depth review of your prior year income tax returns to uncover opportunities for income tax reduction in both current and future years. 

Income tax attributes in prior years include carryovers of net operating losses, capital losses, charitable contributions, AMT income tax credits and more.
6 We have the judgment and experience to provide you with sound income tax advice. You can rest assured in knowing that we have earned the judgment and perspective through over 30 years of experience to provide you with sound income tax advice.

With over 30 years experience in over 92 industries, you have the benefit of the wisdom, judgment and perspective we gained from solving real-world issues. 

We have the know-how to inform you about the risks and rewards of choosing alternative income tax treatments so you maintain control over your finances by making informed decisions affecting your income tax circumstances according to your own priorities and sensibilities.

7 We care enough to offer you proactive advice for income tax reduction. We accept the role of your income tax advisor in providing you with meaningful and effective income tax advice and suggestions without being asked to do so.

You cannot be expected to know and apply income tax law to reduce your taxes and exposure to audit.  Whenever possible, we will inform you of income tax reduction opportunities which come to our attention which we believe might apply to your circumstances or about which we will ask about further, either for the current, past or future years.
8 We will inform you which filing status minimizes your income tax. We realize married taxpayers may have a choice of filing separately to reduce taxes, so we will inform you which status minimizes your income tax.

We use only state of the art professional software not available to consumers with which we can identify income tax reduction opportunities based on filing status of married taxpayers.  Our reports will inform you which filing status reduces your taxes the most, and we will inform you by how much you saved by optimizing your filing status.
9 One senior qualified income tax professional will prepare your income tax returns from start to finish. One highly qualified income tax professional will be the sole responsible party for preparing your income tax returns from start to finish to prevent delegation mishaps.

We income tax preparation process involves a single professional tax preparer who has complete control and knowledge of your income tax circumstances to ensure a thorough work product with attention to every possible detail, so your tax return reflects the legally minimum income tax for your peace of mind.
10 Your income tax returns will be prepared by a highly experienced, qualified, California-registered income tax professional. You can be sure your income tax returns are prepared properly because they are prepared by an educated, experienced income tax professional who is registered by the State of California.

To reduce both your income tax and exposure to income tax audits, income tax preparation requires mastery of multiple disciplines and complex and ever-changing tax and case law, requiring a dedicated professional who invests in continuing professional education and who conducts practice under the umbrella of the California Tax Education Council (CTEC). 

CTEC Registered Tax Preparers (CRTPs) are required to complete a minimum of 20 hours of continuing professional education annually in both federal and California taxes, whereas CPAs are not required by the Board of Accountancy's continuing education requirements to update their income tax knowledge or skills as a condition of preparing income tax returns.
11 We will ask follow up questions about the underlying bookkeeping information you provide for your business income tax forms and tax returns if an obvious error, omission or irregularity comes to our attention during the normal course of our income tax preparation work. We will follow up with you on obvious tax savings issues, tax audit matters, errors, irregularities or omissions that come to our attention when we're preparing your business income tax forms based on bookkeeping and financial reports you provide.

Many "low-end" tax preparers simply accept the bookkeeping reports they receive at face value, quickly input the information on their computers and ignore the tax savings and audit incident issues that may be hidden, omitted or disregarded in the bookkeeping work they were provided by the client. 

We have found this practice is particularly prevalent amongst low-price income tax preparers whose main appeal to the public is a sub-market fee structure.

This practice is a disservice to the client, who may not realize that their bookkeeping work may be incomplete, misleading, incorrect, out-of-balance, or erroneous. 

Although we realize that we do not have the ultimate responsibility for checking your bookkeeping work in our role as your income tax preparer, we will not use that fact as an excuse to disregard obvious issues or allow important issues to go unresolved which come to our attention during the normal course of our work in preparing your business income tax forms or business income tax returns.
12 We will check your income tax returns for determining the lowest tax based on your married filing status - either filing jointly or separately. You can be sure your income tax returns reflect the lowest possible income tax because we will select with you the optimum married filing status and provide a report to inform you of the alternative filing status.

Married taxpayers have a choice to file their income tax returns on a joint-filing basis or a separate-filing basis, whichever filing status results in the lowest combined income tax.

Every income tax we prepare for married taxpayers includes a report informing you of the income tax implications of filing status, so you will know the dollar amount of income tax savings resulting from optimizing your married filing status.
13 We have always been an independent, private professional practice advocating for our client's best interests, without prior employment, ties or bias for either the Internal Revenue Service or state taxing agencies. You can be sure your income tax returns reflect the lowest possible income tax because we are not former IRS agents who impose arbitrary, unfounded or personal agenda income tax limitations on our clients.

We are advocates for our clients where the tax law is unclear which permits differing interpretation which may benefit the taxpayer.  We do not cut corners or tax chances on challenging established tax law, procedures or practices.

Some taxpayers have been mislead to assume that former IRS agents have a superior advantage because they may know the "loopholes" and internal weaknesses of the IRS which can result in favorable benefits to taxpayers.

Other taxpayers have experienced the opposite where former IRS agents have imposed arbitrary, unlawful or severe unfounded interpretations of income tax law which unfairly and illegally result in higher than proper income tax levels by using fear tactics and bluster.

However, it is more often the case that former IRS agents may not be as familiar with tax law and practice to truly be an advocate for their clients, as they have developed either a bias against client advocacy or have not yet developed the knowledge, skills, training, judgment or wisdom to correctly apply correct tax law and case law to serve their client's best interest by correctly computing the legally-minimum income tax.

There is a higher risk that former IRS agents may cause the imposition of incorrect or unfounded income taxes because of their prior experience does not serve to prepare them as client advocates where the tax law is unclear or flexibilities permit differing interpretations which may favor the taxpayer.
14 We have a formal education and a four-year university degree in accounting so we know how to apply accounting and tax law concepts to your unique circumstances. You can be sure your income tax returns reflect the lowest possible income tax because we will select with you the optimum married filing status and provide a report to inform you of the alternative filing status.

Married taxpayers have a choice to file their income tax returns on a joint-filing basis or a separate-filing basis, whichever filing status results in the lowest combined income tax.

Every income tax we prepare for married taxpayers includes a report informing you of the income tax implications of filing status, so you will know the dollar amount of income tax savings resulting from optimizing your married filing status.
15 We have the intellectual capacity to understand complex tax law and apply those concepts for your benefit and protection by qualification as a member of Mensa. You can be sure your income tax returns reflect the lowest possible income tax because we will select with you the optimum married filing status and provide a report to inform you of the alternative filing status.

Married taxpayers have a choice to file their income tax returns on a joint-filing basis or a separate-filing basis, whichever filing status results in the lowest combined income tax.

Every income tax we prepare for married taxpayers includes a report informing you of the income tax implications of filing status, so you will know the dollar amount of income tax savings resulting from optimizing your married filing status.

 

How to Contact Us

 

For Confidential Complimentary Consultation Please Call

(949) 583 1040  ∙  (877) 412 1040

or e-mail us

Please ask for Tom or Kathy

 

Areas We Serve

Based in Orange County, Serving Southern California Since 1976

Orange County (OC), CA

Aliso Viejo, Orange County (OC), CA ▪  Anaheim, Orange County (OC), CA  ▪  Costa Mesa, Orange County  (OC), CA  ▪  Coto De Caza, Orange County (OC), CA ▪  Dove Canyon, Orange County (OC), CA  ▪  Foothill Ranch, Orange County (OC), CA  ▪  Irvine, Orange County (OC), CA  ▪  Ladera Ranch, Orange County (OC), CA  ▪  Laguna Beach, Orange County (OC), CA ▪  Laguna Hills, Orange County (OC), CA  ▪  Laguna Niguel, Orange County (OC), CA  ▪  Lake Forest, Orange County (OC), CA  ▪   Mission Viejo, Orange County (OC), CA  ▪  Newport Beach, Orange County (OC), CA  ▪  Orange, Orange County (OC), CA  ▪  Rancho Santa Margarita, Orange County (OC), CA  ▪  San Clemente, Orange County (OC), CA  ▪  San Juan Capistrano, Orange County (OC), CA  ▪  Santa Ana, Orange County (OC), CA  ▪  Trabuco Canyon, Orange County (OC), CA  ▪  Tustin, Orange County (OC), CA

Riverside County, CA

Corona, Riverside County, CA ▪ Norco, Riverside County, CA ▪ Ontario, Riverside County, CA ▪ Riverside, Riverside County, CA

Los Angeles County, CA

Bellflower, CA ▪ Carson, CA ▪ Cerritos, CA ▪ Commerce, CA ▪ Lakewood, CA ▪ Long Beach, CA ▪ La Mirada, CA ▪ Norwalk, CA ▪ Paramount, CA ▪ Redondo Beach, CA ▪ Seal Beach, CA

San Diego County, CA

Carlsbad, San Diego County, CA ▪ Coronado, San Diego County, CA ▪ Escondido, San Diego County, CA ▪ Oceanside, San Diego County, CA ▪ San Marcos, San Diego County, CA ▪ Vista, San Diego County, CA

Service Areas by Zip Code

92656 92698 92801 92802 92803 92804 92805 92806 92807 92808 92809 92812 92814 92815 92816 92817 92825 92850 92899 92811 92821 92822 92823 90620 90621 90622 90624 92624 92625 92626 92627 92628 90630 92629 92650 92609 92610 92708 92728 92831 92832 92833 92834 92835 92836 92837 92838 92840 92841 92842 92843 92844 92845 92846 92605 92615 92646 92647 92648 92649 92602 92603 92604 92606 92612 92614 92616 92618 92619 92620 92623 92697 92709 92710 90631 90632 90633 90623 92694 92651 92652 92637 92653 92654 92607 92677 92630 90720 90721 92655 92690 92691 92692 92658 92659 92660 92661 92662 92663 92657 92856 92857 92859 92862 92863 92864 92865 92866 92867 92868 92869 92870 92871 92688 92672 92673 92674 92675 92693 92701 92702 92703 92704 92705 92706 92707 92711 92712 92725 92735 92799 90740 92676 90680 90742 90743 92678 92679 92780 92781 92782 92861 92683 92684 92685 92885 92886 92887

Additional Services

 

Certified Business Valuation Services

Accredited Business Valuations

Certified Business Valuation Review Reports

Value Enhancement Services

Preparation for Implementing the Optimum Exit Strategy

Litigation Support | Consulting Expert

 

Click to visit Provident Valuation Professionals

Please feel welcome to contact Tom at (949) 716 4875

 

Easy to Get Started

We can go over all the service options with you during an introductory conversation and give you a free, objective service analysis and estimate.  There is no obligation. 

Simply call and ask for Kathy or Tom at (949) 583 1040 or (877) 412-1040.

 

Provident Financial Services, Inc.

 

P.O. Box 1120, Lake Forest, Orange County (OC), CA, 92609-1120

 

Based in Lake Forest, Orange County, CA

 

 

For Confidential Complimentary Consultation Please Call

(949) 583 1040  ∙  (877) 412 1040

or e-mail us

Please ask for Tom or Kathy

 

Our Full Service Lineup

 

Precision, Handcrafted Income Tax Preparation and Services

 

Income tax reduction ∙ income tax penalty avoidance ∙ income tax audit deterrence ∙ income tax planning strategies ∙ computerized modeling for alternate prospective income tax scenarios ∙ income tax preparation ∙ income tax mid-year analysis and projection ∙ pro-active mid-year income tax advice.

 

Certified QuickBooks Bookkeeping for Small Business

 

Certified QuickBooks small business bookkeeping, accounting ∙ QuickBooks bookkeeping tutoring and training ∙ QuickBooks bookkeeping set up ∙ QuickBooks bookkeeping services ∙ QuickBooks bookkeeping help ∙ QuickBooks bookkeeping clean up ∙ QuickBooks bookkeeping catch up ∙ QuickBooks bookkeeping crisis management ∙ QuickBooks problems resolution ∙ QuickBooks bookkeeping solutions ∙ profit and loss statement ∙ balance sheet ∙ statement of cash flow ∙ financial statements ∙ bank reconciliations ∙ accounts payable ∙ accounts receivable ∙ payroll ∙ payroll taxes ∙ sales tax returns ∙ workers compensation reports ∙ cost accounting ∙ small business accounting ∙ small business bookkeeping ∙ on site set up, repair set up, QuickBooks bookkeeping maintenance, restoration, reconstruction, monitoring, adjustment ∙ multi-user or single user installations ∙ desk top or on-line versions ∙ supporting QuickBooks versions 2006- 2012 ∙ job cost set up, repair and reports ∙ services available monthly, quarterly or annually ∙ plus, lots more too numerous to mention here; call us for more details.

 

Qualified Profit Improvement and Value Enhancement Services,

Strategies and Systems for Small Business

 

Small business profit improvement ∙ small business cash flow improvement ∙ small business sustainable competitive advantages ∙ small business sustainable growth strategies ∙ small business value enhancement ∙ small business organizational systems and procedures ∙ small business strategies to add value to the customer experience ∙ small business strategies to release owners from daily maintenance duties to work ON the business instead of IN the business ∙ increasing stability of revenue and earnings in small business enterprises ∙ improving differentiation of the small business compared to rivals ∙ maintaining a higher than average industry gross margin ∙ understanding the lifetime value of a customer ∙ setting realistic financial objectives, tracking actual performance against planned performance ∙ inspiring the team to get on board with a culture of excellence ∙ packaging and bundling products and services ∙ increasing the average value of the sale ∙ understanding the paradigm effect and how it affects the acceptance of new ideas, products, processes and markets ∙ increasing the frequency of customer sales ∙ improving the financial efficiency of operations ∙ establishing and tracking key performance indicators ∙ establishing the company's critical success factors ∙ developing and implementing an extraordinary guarantee policy for increasing the perceived value to the customer, thereby justifying higher prices, greater loyalty and sustainable competitive advantages ∙ nurturing the core values and vision of the founder as the company culture with the team which survives the exit of the founder ∙ developing and strengthening the company's core values ∙ establishing a realistic mission statement ∙ development and adherence to successful policies and practices ∙ effective telephone practices and procedures to capture sales opportunities on the spot ∙ learning how to let go as the owner/founder ∙ dealing with resistance to change amongst the team ∙ effective multi-media learning programs for team members and other stakeholders ∙ strategic planning and tactical planning with implementation support ∙ discovery of key frustrations of both the company's customers and of the industry as a whole to develop effective strategies for remedying these frustrations as a way to create extra value, sustain a premium pricing strategy and create a truly unique selling proposition which undercuts the competition's attempts at price cutting to gain market share ∙ crisis management ∙ danger condition solutions and strategies to prevent recurrence ∙ determination of maximum growth rate sustainable by available and constraints on working capital ∙ restructuring debt ∙ improvement of cash flow ∙ establishing standards and measurement systems for team performance and evaluation ∙ organization and implementation of customer advisory board and team advisory board for gathering information   recorded and conducted off-site ∙ development, development, clarification and dissemination of the company's USP (Unique Selling Proposition) ∙ analysis of the industry's competitive attributes for determining if the industry has good or bad competitors ∙ analysis of industry averages for financial performance with key ratios ∙ analysis of 5-year trends in stability or volatility of revenue, earnings and cash flow ∙ key indicators upon which value is based, including Earnings Before Interest and Taxes (EBIT) and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) ∙ appropriate measures upon business value is determined and how to improve the metrics to make your small business equity increase in value and make your business more salable to the highest and best qualified buyer ∙ effective strategies to prepare your small business for an appropriate exit ∙ developing the depth in management necessary for an effective transition to an Employee Stock Ownership Plan (ESOP) as an exit strategy option.

 

Provident Financial Services provides accounting services not requiring state licensure.

 

Provident Financial Services, Inc. is not affiliated with QuickBooks or Intuit, Inc.  QuickBooks is a registered trademark of Intuit, Inc.

 

Experts in Orange County (OC), CA Small Business Bookkeeping and Accounting Services

OC QuickBooks Bookkeeping in Orange County (OC), CA

 

Small Business Income Tax Reduction, Income Tax Audit Deterrence, Income Tax Penalty Avoidance, Income Tax Preparation

 

Small Business Profit Improvement, Sustainable Competitive Advantages, Small Business Equity Value Enhancement

 

Thank you for visiting our site.  We update it frequently, so please feel welcome to return often.

 

Copyright © 2002- 2012 Provident Financial Services , Inc.  ALL RIGHTS RESERVED

 

Last updated Tuesday January 24, 2012

 

Orange County (OC) Bookkeeping Services, Problem Solving Help | Orange County (OC) California QuickBooks Certified Bookkeeper | Small Business Bookkeeping & Accounting Services Help | Based in Orange County (OC), California  |  Expert Small Business QuickBooks Bookkeeping and Accounting Solutions, Help, Services and On-site Personal Training and Support Services

Certified QuickBooks ProAdvisor Bookkeeper Based in Orange County (OC), CA Quickly Fixes Your Small Business QuickBooks Bookkeeping Problems by Expert Hands-on Help in Bookkeeping Services and Small Business Accounting Services, QuickBooks Training and Support, and On-going and Overview Services

Provident Financial Services, Inc.

 

For Confidential Complimentary Consultation Please Call

(949) 583 1040  ∙  (877) 412 1040

Please ask for Tom or Kathy

 

Secure Correspondence: U.S. P.O. Box 1120, Lake Forest, Orange County, CA, 92609-1120

Copyright © 2002- 2012 Provident Financial Services , Inc.  ALL RIGHTS RESERVED