Business Details
21 Years
experience
Your Trusted Partner for Tax and Accounting Solutions
Phan Tax Service specializes in comprehensive tax and accounting solutions for individuals and small businesses. With an Enrolled Agent on staff, we provide expert federal and state tax preparation, year-round tax planning, and IRS representation. Our team prides itself on personalized service, leveraging over 18 years of experience in tax matters and a unique understanding of rental real estate complexities from our owner's real estate background.We maintain low overhead to pass savings to clients while offering customized QuickBooks support and payroll services tailored to diverse industries. From sole proprietorships to S Corps, our focus remains on minimizing tax liabilities and maximizing long-term financial growth for every client we serve.
Services
Tax Preparation
Bookkeeping
Payroll Services
Tax Planning
IRS Representation
Details
- Year established: 2005
Highlights and features
- We have an IRS Enrolled Agent on staff with specialized tax expertise
- Owner brings over 18 years of tax industry experience since 2005
- Personalized service with customized QuickBooks implementation support
- Industry-specific payroll solutions for diverse business types
- Combines tax expertise with real estate knowledge for rental property returns
Associations and certifications
- IRS Enrolled Agent
Services
Tax Preparation
We provide comprehensive federal and state tax preparation for individuals and businesses. Our services cover personal income taxes, LLC returns, partnership filings, and S Corp tax submissions. With an Enrolled Agent on staff, we ensure accurate preparation that considers both current and future tax implications for optimal financial planning.
Bookkeeping Services
Our bookkeeping solutions maintain accurate financial records through transaction entry, bank reconciliation, and financial statement generation. We offer flexible scheduling with weekly, bi-weekly, or monthly service options. We also provide QuickBooks setup and training to help clients manage their own accounting systems effectively.
Payroll Services
We handle payroll processing for businesses across diverse industries including restaurants, salons, and manufacturing. Our services include new employee form management, tax withholding calculations, and compliance documentation. We save business owners time by managing complex payroll requirements while ensuring adherence to employment regulations.
Tax Planning
Our proactive tax planning services identify opportunities to minimize tax liabilities through strategic financial decisions. We offer mid-year reviews, estimated tax payment planning, and long-term strategies tailored to individual and business needs. This approach ensures clients pay only the required taxes while optimizing future financial growth.
IRS Representation
As an Enrolled Agent firm, we provide expert IRS representation for audit resolution and tax disputes. Our services include handling correspondence, preparing documentation, and advocating for clients during audits. We specialize in resolving complex tax issues with professional expertise and thorough understanding of IRS procedures.
People
Thuan "Tim" Phan
Enrolled Agent & Managing Member
Thuan "Tim" Phan, an IRS Enrolled Agent, leads Phan Tax Service with expertise gained since 2005. Holding a Cum Laude B.S. from Millersville University, he combines tax specialization with real estate experience to better serve clients with property-related returns. His membership in professional organizations and deep local knowledge enhance service quality.
Questions
What tax services do you offer for small businesses?
We provide complete business tax solutions including payroll processing, sales tax filings, and entity-specific returns for LLCs, partnerships, and S Corps. Our services also cover new business tax setup and year-round compliance support.
Do you handle IRS audit representation?
Yes, with an Enrolled Agent on staff, we provide full IRS audit representation including document preparation, correspondence handling, and in-person advocacy during tax disputes.
What QuickBooks support options are available?
We offer QuickBooks setup, training, and system optimization services to help clients effectively manage their accounting. Our support includes transitioning existing records and customizing software for specific business needs.
How do you handle payroll for different business types?
We serve diverse industries with tailored payroll solutions for nail salons, restaurants, temp agencies, and more. Our services include tax withholding calculations, compliance documentation, and customized payment processing.
What makes your tax planning different?
Our year-round approach combines mid-year reviews with strategic planning to minimize tax liabilities while considering long-term financial growth opportunities for both personal and business assets.
