Contact Us

Where does your business need more support? We offer a broad range of services and packages that can be customized to your needs. Send us a message today, and we can start you on a path to success.

Email Us

info@masteracct.com

Call Us

805-504-3800

Visit Us

316 E Scott St,                                    Port Hueneme, CA 93041

F.A.Q.

Frequently Asked Questions

DO YOU HAVE LONGER HOURS DURING TAX SEASON?

Yes, We are open 7 days a week during tax season. M-F we are open 8 to 7 or by appointment. Just call and make an appointment for weekends and evenings.

CAN YOU SAVE ME MORE MONEY THAN TURBO TAX?

Yes. Many people come to us each year saying that they thought their refund would be higher than that calculated by Turbotax. We typically calculate a higher refund or less tax due than Turbotax since we know how to look for tax deductions that Turbotax did not suggest.

WHAT INFORMATION DO I NEED TO KEEP?

You should keep all tax information you receive to provide to your tax preparer. Examples are W-2 forms, broker statements, bank interest statements, 1099 forms, end of the year Social Security statements, K-1 forms, etc. After you submit them to us, we will scan them and retain them for 7 years in the event you need them in the future.

WHAT BUSINESS EXPENSES CAN I DEDUCT?

We can provide you with a list of standard business expenses. Basically, you can deduct the money that your business directly spends on services, rental space, equipment, and other items. As long as there is no gray area, such as is with home-based businesses, an expense will usually qualify as a deductible.

DO MY EMPLOYEES COUNT AS INDEPENDENT CONTRACTORS OR TRUE EMPLOYEES?

This is a very important question because you have more responsibilities for a true employee, such as withholding income taxes and paying a portion of the employee’s employment taxes. In order to determine the answer to this, you will need to discuss your specific situation in order for us to provide you with the best way to treat those providing services to you.

WHAT SHOULD I DO IF I RECEIVE A LETTER FROM THE IRS?
If you have received an IRS Notice:
  • Contact our office immediately so we can address and resolve the issue for you.
  • Don’t panic.
  • The IRS notice may contain incorrect information.
  • Read the notice carefully.
  • DO NOT IGNORE the notice or throw it away. IRS notices contain a reply by date and they must be followed.
  • Never represent yourself.

Email Us

Have a Question Or Need to Make An Appointment? Email Us!