Frequently Asked Questions
Answers to common questions about how we work, who we serve, and what to expect from our tax, cost segregation, real estate, and fund administration services.
General Questions
Do you only work with clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support clients across multiple states in the U.S. Intake helps us confirm your filing footprint and whether we’re a good fit based on your location and needs.
Do you only work with clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support clients across multiple states in the U.S. Intake helps us confirm your filing footprint and whether we’re a good fit based on your location and needs.
Do you only work with clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support clients across multiple states in the U.S. Intake helps us confirm your filing footprint and whether we’re a good fit based on your location and needs.
How is your firm different from a typical tax preparer?
We don’t just file returns once a year. We provide ongoing, proactive planning, coordinate across tax, real estate, and business activity, and offer specialized services like cost segregation and fund administration so your tax strategy matches your overall strategy.
How is your firm different from a typical tax preparer?
We don’t just file returns once a year. We provide ongoing, proactive planning, coordinate across tax, real estate, and business activity, and offer specialized services like cost segregation and fund administration so your tax strategy matches your overall strategy.
How is your firm different from a typical tax preparer?
We don’t just file returns once a year. We provide ongoing, proactive planning, coordinate across tax, real estate, and business activity, and offer specialized services like cost segregation and fund administration so your tax strategy matches your overall strategy.
What should I prepare before we start working together?
For most new clients, we’ll ask for prior‑year federal and state returns, current financial statements, entity documents, and any major contracts or agreements. During Intake we’ll provide a simple, tailored checklist for your situation.
What should I prepare before we start working together?
For most new clients, we’ll ask for prior‑year federal and state returns, current financial statements, entity documents, and any major contracts or agreements. During Intake we’ll provide a simple, tailored checklist for your situation.
What should I prepare before we start working together?
For most new clients, we’ll ask for prior‑year federal and state returns, current financial statements, entity documents, and any major contracts or agreements. During Intake we’ll provide a simple, tailored checklist for your situation.
What happens after I Start Intake?
Once you complete the short Intake form, our team reviews your information, confirms fit, and proposes next steps. If it’s a match, we’ll schedule a call to walk through your needs, timeline, pricing, and required documents before we begin.
What happens after I Start Intake?
Once you complete the short Intake form, our team reviews your information, confirms fit, and proposes next steps. If it’s a match, we’ll schedule a call to walk through your needs, timeline, pricing, and required documents before we begin.
What happens after I Start Intake?
Once you complete the short Intake form, our team reviews your information, confirms fit, and proposes next steps. If it’s a match, we’ll schedule a call to walk through your needs, timeline, pricing, and required documents before we begin.
Tax Preparation & Planning
How long does a tax return take once I send documents?
Timelines vary based on complexity and season. During Intake, we’ll give you a target window and let you know what could affect it—such as missing documents, multiple states, or additional entities.
How long does a tax return take once I send documents?
Timelines vary based on complexity and season. During Intake, we’ll give you a target window and let you know what could affect it—such as missing documents, multiple states, or additional entities.
How long does a tax return take once I send documents?
Timelines vary based on complexity and season. During Intake, we’ll give you a target window and let you know what could affect it—such as missing documents, multiple states, or additional entities.
Can you help if I’m behind on prior‑year returns?
Yes. We regularly help clients catch up on unfiled returns and clean up past issues as part of an ongoing plan.
Can you help if I’m behind on prior‑year returns?
Yes. We regularly help clients catch up on unfiled returns and clean up past issues as part of an ongoing plan.
Can you help if I’m behind on prior‑year returns?
Yes. We regularly help clients catch up on unfiled returns and clean up past issues as part of an ongoing plan.
How do you price tax preparation and planning?
Pricing depends on your situation and the mix of returns involved (individual, business, trusts, etc.). After Intake and document review, we’ll provide a clear quote before any work begins.
How do you price tax preparation and planning?
Pricing depends on your situation and the mix of returns involved (individual, business, trusts, etc.). After Intake and document review, we’ll provide a clear quote before any work begins.
How do you price tax preparation and planning?
Pricing depends on your situation and the mix of returns involved (individual, business, trusts, etc.). After Intake and document review, we’ll provide a clear quote before any work begins.
Can you coordinate with my business manager or financial advisor?
Yes. For clients with business managers, financial advisors, or other professionals, we often coordinate so everyone is working from the same tax and accounting picture.
Can you coordinate with my business manager or financial advisor?
Yes. For clients with business managers, financial advisors, or other professionals, we often coordinate so everyone is working from the same tax and accounting picture.
Can you coordinate with my business manager or financial advisor?
Yes. For clients with business managers, financial advisors, or other professionals, we often coordinate so everyone is working from the same tax and accounting picture.
When should I consider forming an LLC or S‑Corp?
We’ll look at your income level, risk profile, and goals to decide whether an entity makes sense now, or whether you’re better off waiting. We also help you understand how to route income and expenses through the structure you choose.
When should I consider forming an LLC or S‑Corp?
We’ll look at your income level, risk profile, and goals to decide whether an entity makes sense now, or whether you’re better off waiting. We also help you understand how to route income and expenses through the structure you choose.
When should I consider forming an LLC or S‑Corp?
We’ll look at your income level, risk profile, and goals to decide whether an entity makes sense now, or whether you’re better off waiting. We also help you understand how to route income and expenses through the structure you choose.
Cost Segregation
Is cost segregation worth it for my rental property?
It depends on property size, your tax situation, and how long you plan to hold it. For many clients, Cost Seg is most helpful on larger properties, short‑term rentals, or significant renovations where there is taxable income to offset. Intake gives us enough information to estimate whether a study is likely to provide meaningful benefit.
Is cost segregation worth it for my rental property?
It depends on property size, your tax situation, and how long you plan to hold it. For many clients, Cost Seg is most helpful on larger properties, short‑term rentals, or significant renovations where there is taxable income to offset. Intake gives us enough information to estimate whether a study is likely to provide meaningful benefit.
Is cost segregation worth it for my rental property?
It depends on property size, your tax situation, and how long you plan to hold it. For many clients, Cost Seg is most helpful on larger properties, short‑term rentals, or significant renovations where there is taxable income to offset. Intake gives us enough information to estimate whether a study is likely to provide meaningful benefit.
Can I do cost segregation on properties I’ve owned for years?
Often, yes. In some cases you can “catch up” missed depreciation without amending prior returns, using a change in accounting method. We’ll review your situation and explain what’s possible.
Can I do cost segregation on properties I’ve owned for years?
Often, yes. In some cases you can “catch up” missed depreciation without amending prior returns, using a change in accounting method. We’ll review your situation and explain what’s possible.
Can I do cost segregation on properties I’ve owned for years?
Often, yes. In some cases you can “catch up” missed depreciation without amending prior returns, using a change in accounting method. We’ll review your situation and explain what’s possible.
When is cost segregation generally worth considering?
Cost Seg is often a strong fit when: - Total property basis (including improvements) is around $500k or more. - You expect to hold the property for several years. - You have current or near‑term taxable income to use the extra deductions. It can also make sense for first‑time investment property buyers who want to front‑load deductions and improve early cash flow.
When is cost segregation generally worth considering?
Cost Seg is often a strong fit when: - Total property basis (including improvements) is around $500k or more. - You expect to hold the property for several years. - You have current or near‑term taxable income to use the extra deductions. It can also make sense for first‑time investment property buyers who want to front‑load deductions and improve early cash flow.
When is cost segregation generally worth considering?
Cost Seg is often a strong fit when: - Total property basis (including improvements) is around $500k or more. - You expect to hold the property for several years. - You have current or near‑term taxable income to use the extra deductions. It can also make sense for first‑time investment property buyers who want to front‑load deductions and improve early cash flow.
How long does a cost segregation study take?
Timelines vary based on property complexity and document availability, but most studies are completed within 2–3 weeks after the site visit, once we have all necessary information.
How long does a cost segregation study take?
Timelines vary based on property complexity and document availability, but most studies are completed within 2–3 weeks after the site visit, once we have all necessary information.
How long does a cost segregation study take?
Timelines vary based on property complexity and document availability, but most studies are completed within 2–3 weeks after the site visit, once we have all necessary information.
Will cost segregation cause problems with the IRS?
When done properly, cost segregation is an accepted approach under existing rules. We focus on thorough documentation and defensible assumptions to reduce risk and stand behind the studies we implement.
Will cost segregation cause problems with the IRS?
When done properly, cost segregation is an accepted approach under existing rules. We focus on thorough documentation and defensible assumptions to reduce risk and stand behind the studies we implement.
Will cost segregation cause problems with the IRS?
When done properly, cost segregation is an accepted approach under existing rules. We focus on thorough documentation and defensible assumptions to reduce risk and stand behind the studies we implement.
Do you coordinate with my existing CPA or tax team on Cost Seg?
Yes. If you already have a preparer, we can coordinate with them so the study is implemented correctly on your returns and the related elections or accounting method changes are handled properly.
Do you coordinate with my existing CPA or tax team on Cost Seg?
Yes. If you already have a preparer, we can coordinate with them so the study is implemented correctly on your returns and the related elections or accounting method changes are handled properly.
Do you coordinate with my existing CPA or tax team on Cost Seg?
Yes. If you already have a preparer, we can coordinate with them so the study is implemented correctly on your returns and the related elections or accounting method changes are handled properly.
Arts & Entertainment
Do you only work with Arts & Entertainment clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support A&E clients whose work and income span multiple states or countries. Intake helps us confirm your filing footprint and fit.
Do you only work with Arts & Entertainment clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support A&E clients whose work and income span multiple states or countries. Intake helps us confirm your filing footprint and fit.
Do you only work with Arts & Entertainment clients in Los Angeles?
Our primary focus is the Greater Los Angeles area, but we support A&E clients whose work and income span multiple states or countries. Intake helps us confirm your filing footprint and fit.
Can you help if I have many small income sources?
Yes. We regularly work with clients who have dozens of 1099s, royalty statements, residuals, or platform payouts and need a sane way to track and report them.
Can you help if I have many small income sources?
Yes. We regularly work with clients who have dozens of 1099s, royalty statements, residuals, or platform payouts and need a sane way to track and report them.
Can you help if I have many small income sources?
Yes. We regularly work with clients who have dozens of 1099s, royalty statements, residuals, or platform payouts and need a sane way to track and report them.
When should I consider forming an LLC or S‑Corp for my creative work?
We’ll review your income level, risk profile, and goals to decide whether an entity makes sense now or in the future, and how to route income and expenses through it.
When should I consider forming an LLC or S‑Corp for my creative work?
We’ll review your income level, risk profile, and goals to decide whether an entity makes sense now or in the future, and how to route income and expenses through it.
When should I consider forming an LLC or S‑Corp for my creative work?
We’ll review your income level, risk profile, and goals to decide whether an entity makes sense now or in the future, and how to route income and expenses through it.
Can you coordinate with my business manager or financial advisor?
Yes. We frequently collaborate with business managers and advisors so your contracts, cash flow, and tax planning stay aligned.
Can you coordinate with my business manager or financial advisor?
Yes. We frequently collaborate with business managers and advisors so your contracts, cash flow, and tax planning stay aligned.
Can you coordinate with my business manager or financial advisor?
Yes. We frequently collaborate with business managers and advisors so your contracts, cash flow, and tax planning stay aligned.
Sports & Athletics
Do you only work with athletes in Los Angeles?
Our primary focus is the Greater Los Angeles area, but many athletes and sports professionals we work with have income from other states and countries. Intake helps us confirm your filing footprint and fit.
Do you only work with athletes in Los Angeles?
Our primary focus is the Greater Los Angeles area, but many athletes and sports professionals we work with have income from other states and countries. Intake helps us confirm your filing footprint and fit.
Do you only work with athletes in Los Angeles?
Our primary focus is the Greater Los Angeles area, but many athletes and sports professionals we work with have income from other states and countries. Intake helps us confirm your filing footprint and fit.
Can you work with my agent or business manager?
Yes. We often coordinate with agents, business managers, and financial advisors so everyone is working from the same tax and accounting picture.
Can you work with my agent or business manager?
Yes. We often coordinate with agents, business managers, and financial advisors so everyone is working from the same tax and accounting picture.
Can you work with my agent or business manager?
Yes. We often coordinate with agents, business managers, and financial advisors so everyone is working from the same tax and accounting picture.
How do you handle income from bonuses and incentives?
We incorporate bonuses, signing incentives, appearance fees, and other variable compensation into your estimated tax planning so you are not surprised at filing time.
How do you handle income from bonuses and incentives?
We incorporate bonuses, signing incentives, appearance fees, and other variable compensation into your estimated tax planning so you are not surprised at filing time.
How do you handle income from bonuses and incentives?
We incorporate bonuses, signing incentives, appearance fees, and other variable compensation into your estimated tax planning so you are not surprised at filing time.
What if my income changes a lot from year to year?
We expect volatility in sports. We build plans around it, with periodic check‑ins to adjust estimates and strategy as your role, team, or income changes.
What if my income changes a lot from year to year?
We expect volatility in sports. We build plans around it, with periodic check‑ins to adjust estimates and strategy as your role, team, or income changes.
What if my income changes a lot from year to year?
We expect volatility in sports. We build plans around it, with periodic check‑ins to adjust estimates and strategy as your role, team, or income changes.
Fund Administration
Do you only work with funds based in Los Angeles?
Our core client base is in Greater Los Angeles, but we work with fund managers who invest and raise capital across multiple regions. Intake helps us confirm any additional considerations.
Do you only work with funds based in Los Angeles?
Our core client base is in Greater Los Angeles, but we work with fund managers who invest and raise capital across multiple regions. Intake helps us confirm any additional considerations.
Do you only work with funds based in Los Angeles?
Our core client base is in Greater Los Angeles, but we work with fund managers who invest and raise capital across multiple regions. Intake helps us confirm any additional considerations.
How do you handle properties in different states?
Multi‑state ownership is common for our clients. We help manage the additional state filings, handle required non‑resident withholding and composite returns where applicable, and keep track of how income and taxes are allocated.
How do you handle properties in different states?
Multi‑state ownership is common for our clients. We help manage the additional state filings, handle required non‑resident withholding and composite returns where applicable, and keep track of how income and taxes are allocated.
How do you handle properties in different states?
Multi‑state ownership is common for our clients. We help manage the additional state filings, handle required non‑resident withholding and composite returns where applicable, and keep track of how income and taxes are allocated.
How do you price fund administration services?
Pricing depends on fund size, complexity, transaction volume, and reporting needs. After Intake and discovery, we’ll propose a clear scope and fee structure.
How do you price fund administration services?
Pricing depends on fund size, complexity, transaction volume, and reporting needs. After Intake and discovery, we’ll propose a clear scope and fee structure.
How do you price fund administration services?
Pricing depends on fund size, complexity, transaction volume, and reporting needs. After Intake and discovery, we’ll propose a clear scope and fee structure.
Do you replace my legal and tax advisors?
No. We work alongside your attorneys and tax professionals, providing the accounting and reporting foundation they need to do their work effectively.
Do you replace my legal and tax advisors?
No. We work alongside your attorneys and tax professionals, providing the accounting and reporting foundation they need to do their work effectively.
Do you replace my legal and tax advisors?
No. We work alongside your attorneys and tax professionals, providing the accounting and reporting foundation they need to do their work effectively.
What happens if our fund grows or launches additional vehicles?
We can revisit scope, cadence, and fees as your structure evolves, and work with you to extend processes to new funds, side‑cars, or successor vehicles.
What happens if our fund grows or launches additional vehicles?
We can revisit scope, cadence, and fees as your structure evolves, and work with you to extend processes to new funds, side‑cars, or successor vehicles.
What happens if our fund grows or launches additional vehicles?
We can revisit scope, cadence, and fees as your structure evolves, and work with you to extend processes to new funds, side‑cars, or successor vehicles.
Still have questions?
Every situation is unique. If you didn't find your answer here, or you're ready to see how we can help with your specific needs, start your intake today and we'll get back to you within one business day.
Every situation is unique. If you didn't find your answer here, or you're ready to see how we can help with your specific needs, start your intake today and we'll get back to you within one business day.
Every situation is unique. If you didn't find your answer here, or you're ready to see how we can help with your specific needs, start your intake today and we'll get back to you within one business day.
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