At Temecula Tax Service we provide expert tax-related services including; year-round tax preparation and tax consulting for individuals as well as LLC's, partnerships, corporations, small businesses, self-employed, and home based businesses. Our tax preparation professionals also provide assistance in setting up and maintaining business structures and compliance, bookkeeping services, and financial statement review.
Other services include setting up, preparation, and filing of sales and payroll tax returns, W2's, 1099, and depreciation schedules. We prepare filings for all tax credits, including earned income credit, additional child tax credit, educational credits, hybrid vehicle credits, energy credits, first-time home buyer credits, and many more.
Other services include setting up, preparation, and filing of sales and payroll tax returns, W2's, 1099, and depreciation schedules. We prepare filings for all tax credits, including earned income credit, additional child tax credit, educational credits, hybrid vehicle credits, energy credits, first-time home buyer credits, and many more.
Services
Phil has prepared my personal and business tax returns for over 25 years. His work has always been prompt and very accurate. And I read every page! Phil has always been available for questions that come up between tax seasons. I would recommend Phil to anyone looking for a top-notch CPA well versed in tax regulations.
First, the good news: We successfully placed all of our client data on the Cloud. This included client document copies with the relevant tax returns for additional security. The processing involved three steps and we have accomplished handling over a million documents for the last four years of both current and non-returning clients.
This postponement applies to individual taxpayers, including individuals who pay self-employment tax. You do not need to file any forms or call the IRS to qualify for this automatic federal tax filing and payment relief.
If your modified adjusted gross income (AGI) is less than $150,000, The American Rescue Plan Act of 2021 excludes from income up to $10,200 of unemployment compensation paid in 2020, which means you don't have to pay tax on unemployment compensation of up to $10,200.If you are married, each spouse receiving unemployment compensation doesn't have to pay tax on unemployment compensation of up to $10,200.
If your modified adjusted gross income (AGI) is less than $150,000, The American Rescue Plan Act of 2021 excludes from income up to $10,200 of unemployment compensation paid in 2020, which means you don't have to pay tax on unemployment compensation of up to $10,200.If you are married, each spouse receiving unemployment compensation doesn't have to pay tax on unemployment compensation of up to $10,200.
Reviews (10)
Sherry
Sep 16, 2020
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Temecula tax service team is a professional, responsive to questions, and very well organized tax service. We got a pointless exercise of IRS audit by mail during the COVID19 crisis. Phillip and his team lead us through the process, and we got a NO change audit! The organization and the support is much appreciated, way beyond the call of duty.
Res Cogitans
Jan 08, 2020
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Dan McLaughlin
Oct 21, 2019
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No exaggeration here. I first met Phil Chute when I moved to the Inland Empire in 1986. I was referred to him by my real estate agent and I have been with Phil ever since. There aren't too many 30 year relationships with a tax accountant, but now I'm on year 33! Why? Phil is amazing: He knows his profession; he knows the tax laws - including real estate, trusts and retirement. Phil knows how to get you the best (legitimate) refund, or how to minimize your tax burden. In that statement, I have absolute confidence. That is something I wouldn't have with TurboTax or some other low cost online option
D. MacMurray
Sep 24, 2019
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Our first time taking advantage of Mr. Chute's expertise and he far exceeded our best expectations of speed and accuracy. The experience was not only professional but friendly. He asked all of the right questions, guided us through the process, and had the tax documents in our hands in just a few days...and that's despite his having a miserable head cold. Thanks, Phil!!
Cresswell Robert
Nov 29, 2016
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If you are looking for, or are considering changing to a new tax preparer, I suggest you give Phillip Chute a call. You will not be disappointed.
Phillip is an experienced enrolled agent and was knowledgeable when helping us to resolve our tax issues. He is a good communicator and answered our questions without being intimidating.
He also provided good advice and tax service for a family trust left after my father passed. Phillip relieved us of the burden and accompanying stress of completing our taxes.
Phillip is an experienced enrolled agent and was knowledgeable when helping us to resolve our tax issues. He is a good communicator and answered our questions without being intimidating.
He also provided good advice and tax service for a family trust left after my father passed. Phillip relieved us of the burden and accompanying stress of completing our taxes.
Mark Barfknecht
Jul 28, 2016
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We have known Phill for awhile. When my father passed away we needed someone to do the taxes for his trust. Phill was right there. He was very knowledgeable and helped us through what could have been a complicated part of a trying time. We are sure glad he had done his homework and was there for us. I would highly recommend him to do the trust fund or estate taxes should you find yourself in a similar position. Loosing a loved one is bad enough. Phill and his expertise helped make the unknown a whole lot easier.
Frank Chappell
Aug 27, 2014
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Phillip helped me with my Board of Equalization Sales Tax Audit. Phillip is very friendly and knowledgeable. I especially appreciated his "no worry" attitude and he put my mind at ease during the entire process. We had a successful audit with no monies owed. I highly recommend Phillip for all of your tax needs.
Bryan Parks
Feb 02, 2014
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Phillip saved me over 70K.... The California BOE said I owed 76K after I closed a business due to a tax carry from a prior business purchase. Phillip discovered an error by my previous accountant that caused the issue. (One of the big firms by the way) Phillip amended my returns and went before the BOE to represent my self and won my case with nothing owed.... By the way the big firm that represented me wanted 20K to fight the state, even though it was their mistake... Phillip handled the entire issue for a fraction of that amount.... Thanks so much Phillip
Vito Silva
Jan 06, 2014
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My restaurant corporation was audited by the Board of Equalization two years ago. Because this is a large business the audit took several months. Mr. Chute became involved when a liability of almost $100,000 was assessed he questioned the whole audit and approved it. Afterward, they re-audited and sent a revised determination for $50,000 less than before. The whole process took almost a year and Mr. Chute, our accountant for 30 years, stuck with it all the way. I never could have survived the first audit without him.
- Vic Pizzitola
- Vic Pizzitola
Kenneth Hollister
Oct 02, 2012
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I found Temecula Tax Service by doing an online search for a highly experienced tax preparer that had a EA rating from the IRS. I needed to file past years of taxes and had some complicated issues. Called and spoke with Phil who instantly comforted me with his extensive knowledge. I immediately sent him all my information. He completed everything in less then a week during tax time. I was able to get my past years filed and had no issues with the IRS.
Thank you again for all of your hard work! I will always be indebted to you for your knowledge and expertise!
Thank you again for all of your hard work! I will always be indebted to you for your knowledge and expertise!
