The Firm was founded in 1955 by Wesley F. Suman in Alameda, California. Over the years, we have remained a local firm serving closely held business and individual clients in Alameda, San Ramon, the East Bay and beyond. Our main focus is the closely held business - proprietorships, corporations, partnerships, limited liability companies - and their tax and business planning needs.
These needs often include estate and trust tax planning. A closely held business is an entity owned by an individual, family, or small group of partners or shareholders. Clients include many service sector professionals such as doctors, lawyers, engineers, insurance, real estate, financial, accounting, printing, marketing, and recreation.
These needs often include estate and trust tax planning. A closely held business is an entity owned by an individual, family, or small group of partners or shareholders. Clients include many service sector professionals such as doctors, lawyers, engineers, insurance, real estate, financial, accounting, printing, marketing, and recreation.
Services
Our firm offers primarily tax compliance, tax planning and tax consulting services to our individual and business clients, including trusts and estates. Because our firm is relatively small, our clients benefit by getting personalized, quality service. Below we have listed the services that we offer to our clients along with a brief description.
In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. The Tax Tools tab includes a Record Retention Guide and access to many tax forms. The Financial Guides include helpful calculators for budgeting, cash flow planning, retirement planning and loan amortization, among other features.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Reviews (1)
Richard Wood
Oct 23, 2012
Report
Working with this team has been so helpful for me. Theresa is a great accountant and has never steered me wrong. They are not your typical dry boring accountants either. Working with them has been light-hearted and enjoyable, but she does tell me straight up whats going on finance wise. She stays on top of my accounts and ensures I know their status whenever necessary.
Lastly, they are conveniently located in San Ramon. I had no trouble finding them the first time.
Lastly, they are conveniently located in San Ramon. I had no trouble finding them the first time.
