Business Details
Your Trusted Accounting Partner in Los Angeles
Bowers & Associates is a professional tax and business service firm dedicated to delivering expert accounting solutions. With decades of combined experience, our team specializes in individual and business tax preparation, outsourced bookkeeping, payroll services, and financial statement preparation. Our commitment to continuing education ensures compliance with evolving tax laws while maximizing client benefits.We serve clients nationwide from our Los Angeles office, prioritizing tailored services that address unique financial needs. Through meticulous attention to detail and a client-centric approach, we help individuals and businesses navigate complex tax requirements with confidence and clarity.
Services
Individual Tax Preparation
Business Tax Returns
Tax Planning
Outsourced Bookkeeping
Payroll Services
Financial Statements
Business Formation
Highlights and features
- We have over 60 years of combined experience in business tax return preparation.
- Our preparers complete annual continuing education to stay current with tax law changes.
- We provide tailored bookkeeping solutions customized to each business's specific needs.
- We specialize in minimizing tax liabilities through strategic long-term tax planning.
- We offer comprehensive financial statement preparation that ensures compliance with federal and state regulations.
Services
Individual Tax Preparation
Our individual tax preparation service caters to diverse taxpayer situations including self-employed professionals, rental property owners, and business entity owners. We specialize in identifying applicable deductions and minimizing tax obligations while ensuring compliance with federal and state regulations. Leveraging extensive experience with thousands of tax returns, our certified professionals provide accurate filings backed by ongoing continuing education in tax law changes.
Business Tax Returns
We prepare tax returns for all business structures including C corporations, S corporations, LLCs, partnerships, and sole proprietorships. Our services focus on strategic tax minimization through proper entity structuring and compliance with current tax codes. With over 60 years combined experience, we ensure accurate reporting while optimizing tax benefits for small and medium-sized businesses.
Outsourced Bookkeeping
Our outsourced bookkeeping solutions address business owners' time constraints through customized accounting support. Services include accounts payable/receivable management, bank reconciliations, payroll processing, and financial reporting. We provide scalable solutions that adapt to business cycles while maintaining accurate financial records for informed decision-making and regulatory compliance.
Payroll Services
We handle complete payroll processing including check preparation, tax deposit scheduling, quarterly reporting (941 filings), and year-end W-2/1099 preparation. Our tailored approach accommodates businesses of all sizes while ensuring compliance with federal and state payroll tax requirements through accurate calculations and timely filings.
Tax Planning
Our tax planning services focus on long-term tax minimization strategies for individuals and businesses. Through annual forecasting, mid-year adjustments, and entity structure optimization, we develop customized plans that align with financial goals while maintaining compliance. Proactive planning helps clients anticipate tax obligations and implement effective savings strategies throughout the year.
Questions
What accounting services do you offer for small businesses?
We provide outsourced bookkeeping, payroll processing, financial statement preparation, sales tax reporting, and business tax return filing tailored to small business needs.
Do you handle complex tax situations for individuals?
Yes, we specialize in preparing individual tax returns for self-employed individuals, real estate investors, 1031 exchanges, and entity owners with complex tax scenarios.
Can you help with business entity formation?
We assist with choosing appropriate business structures and filing necessary documentation to establish corporations, LLCs, partnerships, and sole proprietorships.
How do you ensure accuracy in tax preparation?
Our team completes extensive continuing education annually and leverages decades of combined experience to maintain precision in all tax filings.
What bookkeeping options are available for busy business owners?
We offer flexible bookkeeping solutions ranging from partial accounting support to full outsourced bookkeeping with customizable reporting frequencies.