Madriaga & Associates, Certified Public Accountants

311 Oak Street, Suite 101
Oakland, CA 94607
Phone: (510) 655-3275
Toll Free: (510) 903-9854
Email: info@teamtaxpros.com

Tax Planning

We provide creative, yet sound, income tax planning strategies to minimize your federal and state income taxes. Our clients benefit from expert tax advice in: year-end planning to help minimize your tax liability; effective and timely structuring of your personal and business transactions; executive compensation planning; money-saving self-employment and payroll strategies; successful retirement and estate planning. Our tax planning services can assist you in evaluating the potential tax effects of proposed transactions such as a sale versus a tax-deferred exchange of real estate.

Tax Preparation

We provide accurate, on-time, year-end tax returns utilizing pro-active tax strategies.  We prepare tax returns for:

• Individuals
• Corporations
• S - Corporation
• limited liability companies
• partnerships
• non-profit organizations
• trusts
• estate

Other tax services we provide for businesses include:

• income tax audit representation before the Internal Revenue Service and Franchise Tax Board
• payroll tax returns
• sales tax returns
• 1099s
• local business property tax statements

We understand the specialized accounting and income tax needs of the construction and real estate industries and provide:

• Accounting services for contractors and property owners
• Reviewed, compiled, and audited financial statements prepared to satisfy lender and surety requirements
• Income tax planning and tax return preparation
• Tax planning for Section 1031 exchanges
• Business valuations and business consulting services

Our membership in the Construction Financial Management Association helps us support construction financial management professionals and keep current on industry trends.

We can assist with income tax, accounting, or business valuation issues connected with your divorce by advising on such matters as:

• The deductibility of legal fees related to the divorce
• What income tax filing status is appropriate: single, married filing separate, head of household, or joint
• What is the value of a business owned by one or both of the spouses and related Perriera/Van Camp issues
• How are income, deductions and tax payments to be reported by the separated parties
• Whether spousal support will be deductible by the payor and taxable to the receipient
• Whether there be will be any alimony recapture for income tax purposes
• The varying income tax consequences of the assets available for distribution in a proposed settlement
• How the parties should report the sale of the former residence and related tax consequences
• Financial and retirement planning issues related to revised lifestyles after divorce

In the event your tax return is selected for audit, we are available to offer you experienced representation before the Internal Revenue Service and Franchise Tax Board. We have been exceptionally successful in defending before the IRS the positions we have taken on taxpayers' returns, which is a testament to the soundness of our advice and judgment. We also provide expert counseling on technical tax issues, penalty assessments and negotiations to resolve payment of tax deficiencies.

If you are considering forming a business, we can assist you in determining the most appropriate business entity from a tax and business perspective, whether that be a corporation, S corporation, partnership, or limited liability company. We work with your attorney, or can refer you to one, so that the proper forms are prepared and filed to legally establish and register your business.

We offer the full range of other accounting services to help keep your business running smoothly and keep you accurately informed of its financial status. We realize that most small businesses cannot afford a full-time accountant but still need the expertise at times. We are there when you need us! We regularly prepare compiled, reviewed, and audited financial statements for our clients when they are required by management, lenders, or regulators. Financial statements can be prepared on a monthly, quarterly, or annual basis, depending on your needs. Our firm has successfully undergone peer review in accordance with professional standards which indicates that the quality of our work meets or exceeds the standards of our profession.

We can help you set up a QuickBooks accounting system and we provide on-going consulting assistance in using the program.

Our most important goal is to assist you and your company in increasing after-tax profitability. The close working relationship we share with our clients gives us a better understanding of their overall financial goals. We offer a broad array of valuable consulting services including:

• cash flow management
• budgeting, including determining the additional capital that will be required to expand your business operations in the event an opportunity presents itself
• compensation and benefit plans
• accounting and financial reporting systems
• succession planning for family-owned businesses
• mergers and acquisitions
• lease versus buy decisions
• determining key performance indicators and how to measure them cash flow management

We can help you protect your assets from internal fraud by analyzing and improving your existing internal control systems. We are available to identify areas of vulnerability and recommend practical long-term solutions to reduce your risk.

We maintain on-going relationships with local bank commercial loan officers and can provide you with valuable assistance in establishing, maintaining or expanding current banking relationships. We can also assist you in organizing and preparing your loan request proposals.

We designs systems and networks that will be easier for small to medium businesses to operate. We believe that by listening to the clients needs, we can deliver a fully integrated customized network that will enable the success of our clients. Our solution offerings include:

• Hardware & software upgrades
• Network integration & support
• Network design & implementations
• Maintenance and support contracts
• Remote support

In addition, we offer integrated on-site support services to companies and organizations with following characteristics.

• 24/7 phone & online support
• Unlimited usage
• Remote diagnostics & repair
• On-site support (maintenance contract or hourly charge)