Everything we can do for you
Two programs, a handful of specialist add-ons, and every return and election that goes with them.
Does your year have decisions in it?
Some years don’t. Some years are full of them. Pick the one that matches the year you are actually having.
Gnomon Prep
This year’s work, done properly. Your federal and state returns prepared and filed by one person who knows your situation and does not hand you off.
Gnomon Tax
Tax and financial planning worked all year, not reviewed once. We keep your position current, tell you about decisions before they come due, and update the plan as your year actually unfolds. Your returns are part of it, not a separate engagement.
Specialist work, alongside either program
Trust and estate returns
Trusts compress into the top bracket at a few thousand dollars of retained income, so the same dollar can be taxed very differently depending on whether it is distributed or held. We prepare the return and, where we also plan for the beneficiaries, keep the distribution timing consistent with their years rather than looking at the trust alone.
Financial planning
The whole picture rather than the tax slice of it — cash flow, retirement, insurance and estate structure. Fee-only and fiduciary. We do not manage investments or take commissions, so there is nothing being sold alongside the advice.
Bookkeeping
Gnomon Tax always includes a review of your books at the Sunset Review, to confirm records are being kept and kept accurately. Where you would rather the numbers stayed current all year than be reconstructed each spring, we keep them — a mid-year decision is only as good as the figures underneath it.
Start with a conversation
A chance for us to learn about you and what you are trying to accomplish, and for you to hear how we work and what the process actually entails. Then we decide together whether it is a fit and whether we can handle the work. We look forward to hearing your story.
The returns we prepare
If your situation is not named here, ask. This is what we see most, not the limit of what we file.
Form 1040 with Schedules A, B, C, D and E; Form 6251 where the alternative minimum tax applies; Form 8949 and capital gain reporting; Schedule SE for self-employment; amended returns on Form 1040-X.
Form 1120-S for S corporations, Form 1065 for partnerships and multi-member LLCs, and Form 1120 for C corporations — with a Schedule K-1 issued to every owner where one applies. Single-member LLCs and sole proprietorships on Schedule C.
Schedule E for residential and commercial rentals, short-term rental reporting, depreciation schedules and Form 4562, Form 8582 passive activity losses, Form 4797 on sale, and Form 8824 for 1031 exchanges.
ISO, NSO, RSU and ESPP reporting, including corrected basis on Form 8949, AMT adjustments, and Form 3921 and 3922 reconciliation.
Form 1041 for grantor, simple and complex trusts, with a Schedule K-1 for each beneficiary, plus state fiduciary filings where the trust has them.
Resident, part-year and nonresident returns in any state; multi-state allocation on wages, K-1s and rentals; credits for taxes paid to other states; PTET elections where they help; Arizona credits and subtractions.
Form 5500-EZ for solo 401(k) plans past the filing threshold, and the reporting behind SEP, SIMPLE and defined benefit contributions.
IRS and state notices answered, CP2000 responses, penalty abatement requests, unfiled back years brought current, and amended returns where a prior year was left on the table.
Elections and filings we handle
Most of what separates a good year from an expensive one is not the return. It is an election with a deadline attached.
§469 real-estate-professional status and the grouping and aggregation elections behind it; cost segregation implemented on the return, including Form 3115 catch-up depreciation.
Form 2553 elections and late-election relief; reasonable-compensation documentation; accountable plans so owner expenses stop leaking.
83(b) elections prepared and tracked to the 30-day deadline; RSU and ESPP basis corrected so income is not taxed twice; AMT credit carryforwards on Form 8801.
The §645 combination election, the §663(b) 65-day distribution election, and fiscal-year selection in an estate’s first year.
Estimated payments computed to safe harbor; extensions on Forms 4868 and 7004 filed as strategy rather than as an apology; QBI aggregation elections where they hold up.