Trust Worthy
Our employees are highly trained and experienced professionals that ensure the accuracy and quality of our services.
Experienced
Foothill Tax and Accounting is honest and trustworthy in our practices and dealings with our clients.
Professional
All employees of our firm are reliable and consistent in our services, continuously providing timely and accurate information to our clients.
What we Do
Individual & Corporate Taxes
Foothill Tax and Accounting specializes in the accurate and timely preparation of Individual (1040s) and Business Income Tax Returns, including Corporate, S-Corp., and partnership returns.
Bookkeeping and Financials
Does your business need monthly bookkeeping and financial statement preparation. Every month we will provide you with reconciled books and accurate financial statements.
Audit Defense Services
Do you owe a past-due balance to the IRS or need to file missing tax returns? No problem! Foothill Tax and Accounting can guide you through the complicated web of the IRS and get you into compliance and the IRS off your back.
Resources & Calculators
Useful Resources for Financial Management & Forecasting
401k Calculator
The 401(k) Calculator can estimate a 401(k) balance at retirement as well as distributions in retirement based on income, contribution, age, salary increase, and investment return.
Interest Calculator
The Interest Calculator can help determine the interest payments and final balances on not only fixed principal amounts but also additional periodic payments.
Retirement Planner
The Retirement Calculator can help you plan the financial aspects of retirement. Each calculation can be used individually for quick and simple calculations.
Payment Calculator
The Payment Calculator can determine the monthly payment amount or loan term for a fixed interest loan.
See What Our Customers are Saying…
“I recently used Foothill Tax and Accounting to file my taxes and I was extremely impressed with their service. They made the process quick and easy, and the staff was incredibly helpful and knowledgeable. I would definitely recommend them to anyone looking for an efficient and reliable tax service.“
“I am a licensed attorney whose practice is with an emphasis in Bankruptcy and Debt Resolution. I refer all of my clients that are dealing with tax problems to Foothill Tax and Accounting. They have proven time and time again to produce excellent results while being honest and ethical..”
“I have used Foothill Tax and Accounting before they adopted the new name. It’s going on 20 years. The reason I come back every year is because of the ease of filing and the attentive service I receive. Everyone I’ve encountered has been friendly and helpful. As far as I’m concerned, no client could ask for anything more.“
Tax and Accounting Resources & Articles
(Visit Ofen, as We Are Always Adding Content to Our Tax Blog)
Should my Business be an S-Corp or LLC?
Should My Business Be an S-Corp or LLC? Both S-corporations and LLCs are popular structures for small businesses, but there are some key differences that can make an S-corporation a particularly attractive option for certain entrepreneurs. Let's dive into the...
What is the Best Type of Retirement Plan for My Small Business?
I can't stress enough how important it is for small business owners to consider the structure of their business carefully, especially when the objective is to save money on taxes and protect personal assets. Forming an LLC, or Limited Liability Company, can be a...
Are You Eligible for the Earned Income Tax Credit?
The Earned Income Tax Credit (EITC) is a federal tax benefit in the United States designed to provide financial assistance to low and moderate-income individuals and families. The EITC was introduced in 1975 as a way to incentivize work and reduce poverty. It is one...
How do I File a Tax Return for Someone That Passed Away in the Middle of the Year?
I'm sorry for your loss. Filing a tax return for someone who has passed away is an important responsibility, as it ensures that all their tax affairs are in order. Here's a general guideline on how to file a tax return for someone who died during the year: Final...
Can Income Tax Debts Be Discharged in Bankruptcy?
Filing for bankruptcy can be a daunting process, but it's an option some individuals consider to alleviate overwhelming debts. One of the most common misconceptions about bankruptcy is the notion that it's impossible to discharge tax debts. The truth, however, is that...
Understanding Depreciation Recapture Before You Sell a Business Asset
When delving into the world of tax and property, one might come across the term "depreciation recapture." While it might seem intimidating at first, a comprehensive understanding of this concept can help taxpayers avoid surprises during tax season. This article breaks...
Understanding the Mileage Tax Deduction for Self Employed
Deducting miles for business purposes is one of the more common tax deductions available to self-employed individuals. The process can be straightforward, but it's crucial to maintain meticulous records to support your deductions. Here's a step-by-step guide: 1....
Tax Advantages of an S-Corp over a Sole Proprietorship
When entrepreneurs begin their journey, one of the critical decisions they face is the type of business structure to adopt. While there are various business structures to consider, sole proprietorships and S-corporations (S-corps) are two of the most common. While...
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And Proudly Serving Our Customers Trhroughout the USA!