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Business Partners at Work


Your Local Accounting Experts

Everyone knows the challenge in finding a reliable accountant, and that’s why we started Khamas CPA. Whether you need help with taxes or with business, we are ready to take on all of your tax preparation and accounting needs. Working with us, you can rest assure your financial matters will be handled with care.

Khamas CPA is a full service CPA Firm that provides unparalleled, personalized accounting services to a broad range of clients across Inland Empire, Los Angeles, Orange County, and Riverside County areas. As your Accountants, we are here to ensure that all of your financial decisions are made carefully and with your best interests in mind. Whatever you need, we have the knowledge and the experience to take care of your finances. Explore our site to learn more about our areas of expertise.


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Personal, Business & Payroll Tax

A year-round tax preparation business. Our services range from the simplest of individual tax returns to the most complex corporate returns. The key to our success over the years has been providing excellent quality services at affordable prices. Every tax preparer in our office is licensed by the State as well as highly trained to assist with your particular tax needs. You can feel confident that you are maximizing your deductions, at the same time, being compliant with State and Federal regulations. 

Khamas CPA will also help you prepare/file your payroll taxes with the IRS and the State. Payroll tax filing can be tricky due to the several deadlines, and the calculations involved in determining State, Disability, and Unemployment Tax. We will take the burden off of your plate, and let you focus on your core business. 


An Expert in Everything You Need

An audit can be a tedious and a complex process that most do not have the expertise, resources or time to properly manage on their own. Often times an audit involves numerous requests for records, information and other materials to substantiate various items reported on the tax return. This process is often draining, distracting and leaves you unfocused on your daily tasks. 


“Doing it alone” with the IRS is usually not the best approach. It’s often more effective to work with an accounting partner that can manage the process. To help relieve you from this burden, Khamas CPA will prepare a Power of Attorney, walk you through the Audit process, address requests for documentation, carefully review IRS questions and formulate responses, file any prior year tax returns, and work closely with the IRS to reach an optimal resolution. 


A Wide Range of Services

Forming a Corporation provides limited liability protection to their owners. Typically, the owners are not personally responsible for the debts and liabilities of the business; thus, creditors cannot pursue owners' personal assets, such as a house or car, to pay business debts.

Khamas CPA will help you file: 

  • All initial Secretary of State and Corporation Commission fees, such as Filing initial CA Forms.

  • Preparing standard form Charter Documents such as Articles of Incorporation (or Operating Agreement, if needed).

  • Obtaining Federal and State Employer ID numbers.

  • Prepare Corporate Dissolution Documents.


Business Licensing Requirements Complexity 

Business licensing requirements are unique in every state, county, city and municipality; making it difficult to determine what applications, licenses, permits and tax registrations are required to operate your business. Khamas CPA can assemble a comprehensive package of all licenses and permit applications required and send them to you electronically.

We understand
license and permit requirements, rules & regulations, statutes, licensing authority contact information, permit forms, instructions, schedules, and other associated documents. Khamas CPA is in constant contact with every licensing authority, staying on top of the many constant changes, and bringing our clients the most up-to-date license and permit data.


Your Last Will Should Be Your First Wish

Having a Will or a Trust is the first thing you would want to do to, if you don't want state law to jump in and distribute your money after your death. Wills offer a lot of flexibility for a testator who has a spouse, minor children or others for whom he wants to provide support after his death. Same-sex partners and unmarried couples can also use a Will/Trust to grant rights and provide financial support to their loved ones where state law normally would not. In this regard, a Will or a Trust allows the testator to plan for more personal matters, such as funeral arrangements, how his/her children should be raised, care for his/her surviving pets or anything else the testator could need. Contact us today to start forming your living Will/Trust.


Your Finances Are Your Ultimate Concern

Personal financial statement provides a realistic listing of the assets you own and the debts you owe. It is a snapshot of an individual's financial health at one particular point in time. It is also a planning tool to show you indicators of the amount of liquid assets (for emergencies) or that investments are too heavily concentrated in one area. 

Having a Personal Net Worth Statement prepared by Khamas CPA, can help you secure a loan for you or your business, show the dollar value of what you own and what you owe, highlight the importance of debt reduction, and make sound financial decisions based on your current financial standing.


Converting Your Financial Data into Financial Statements

You may be considering business expansion or acquiring a new business.  Such action usually requires the preparation of a forecast or projection.  A compilation report would be issued with the forecast or projection since the financial information would be based on the representations of management.


Khamas CPA can convert your company's financial data and format it into a properly structured set of financial statements, in the form of a Compilation Report. Compilations allow companies without an accountant to have financial statements prepared at a lower cost than reviewed or audited financial statements.  If you need to have a Compilation report prepared, contact us today and we will be glad to assist. 


Retirement Planning Is Everyone's Priority

American workers are delaying retirement because they haven’t saved enough over the years. Khamas CPA can help you plan for retirement, start a 401 (k) plan, or Rollover a current retirement plan. Also, the set up of an IRA account, as well as 529 College Savings Account for your kid's future education. The earlier you start saving for retirement, the more tax advantage you will have, and the more your money will be compounded over time.

Khamas CPA will help you set up an IRA or a 401K for you and for your employees. We will also determine the best pool of funds to invest in, taking into consideration several key parameters. We will make investing easy for you, and for your employees as well.  

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Contact us to see how our accounting expertise and personalized services can save you time, money and frustration on all accounting matters.

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