Business Details
21 Years
experience
Expert Accounting Services in Honolulu, HI
Founded in 2005, Tatsuguchi CPA provides comprehensive accounting and tax services to small businesses and individuals across Hawaii and multi-state jurisdictions. With over 25 years of experience in the accounting profession since obtaining my CPA license in 1998, I bring deep expertise in tax planning, payroll services, and financial consulting. Our approach combines personalized attention with technical proficiency, focusing on understanding each client's unique business operations to deliver actionable financial insights.We serve diverse industries including healthcare, real estate, and hospitality, emphasizing transparency, education, and long-term client partnerships. Our commitment to excellence is reflected in our track record of serving clients for over a decade, with testimonials highlighting our responsiveness, technical knowledge, and dedication to client success.
Services
Tax Return Preparation
Bookkeeping Services
Payroll Processing
Tax Planning
Multi-State Returns
Foreign Investor Tax
Tax-Exempt Organizations
Details
- Year established: 2005
Highlights and features
- 25+ years of CPA experience since 1998
- Specialized expertise in multi-state tax returns
- Personalized tax planning for small businesses
- Proven track record with 10+ year client relationships
- Deep understanding of Hawaii-specific tax regulations
What people say
Knowledgeable and patient
Helped grow my practice
Invaluable business partner
Prompt and thorough service
Trusted financial advisor
Services
Tax Return Preparation
We prepare individual and business tax returns for single-member LLCs, sole proprietorships, partnerships, and corporations. Our services include multi-state filings and specialized reporting for foreign investors. Clients receive strategic guidance to ensure compliance while optimizing tax positions through year-round planning and documentation improvements.
Payroll Services
Our payroll solutions handle tax payments, paystub generation, and regulatory filings for employers with up to 10 employees. We manage federal and Hawaii state payroll tax obligations while maintaining accurate records to simplify year-end reporting. Services include preparation of all required monthly, quarterly, and annual forms with employer signature verification.
Tax Planning
We develop customized tax planning strategies to help businesses budget for current and future tax liabilities. This includes analyzing business structures, expense allocations, and compliance requirements to identify savings opportunities while maintaining full regulatory compliance across multiple jurisdictions.
Bookkeeping
We provide comprehensive bookkeeping services that track income and expenses to support accurate tax preparation. Our system helps businesses maintain organized financial records for better decision-making, including documentation of deductible expenses and preparation of financial summaries for tax planning purposes.
Multi-State Returns
We specialize in preparing tax returns for businesses and individuals with income sources across multiple states. Our expertise includes navigating complex state-specific regulations, ensuring proper apportionment of income, and coordinating filings to prevent double taxation while maintaining compliance with all applicable state tax authorities.
People
Reid Tatsuguchi
CPA
Licensed CPA in Hawaii since 1998 with over 25 years of experience. Founded Tatsuguchi CPA LLC in 2005 after working at Honolulu accounting firms. Specializes in small business accounting, tax planning, and multi-state tax compliance. Provides personalized financial guidance to healthcare providers, real estate professionals, and hospitality businesses.
Questions
What tax deductions are commonly overlooked?
Commonly overlooked deductions include business-related mileage, home office expenses, and qualified business income deductions. We help identify all eligible deductions while ensuring proper documentation to support claims during audits.
How do I handle foreign investment tax reporting?
Foreign investors require specialized reporting for US-sourced income. We handle Form 1042, 1042-S preparation, and withholding tax calculations to ensure compliance with both US and Hawaii tax regulations for foreign entities and individuals.
What records should I keep for tax purposes?
Maintain copies of tax returns for at least six years, income documentation, expense receipts, and business ledgers. We recommend digital backups while retaining original W-2s and 1099s for audit readiness.
How are multi-state business taxes handled?
We determine proper income apportionment between states, file required returns in each jurisdiction, and identify credits to prevent double taxation. Our process ensures compliance with varying state tax laws while optimizing overall tax liability.
What happens if I receive an IRS notice?
Contact us immediately upon receiving IRS correspondence. We'll review the notice, verify its validity, and coordinate necessary responses including payment arrangements or dispute resolution to resolve issues efficiently.