Tax Controversy Service

Tax Controversy Service is designed to assist individuals and businesses with complicated tax issues. Our service mission is to build long-term, trusting relationships with our clients.rnNew and complex tax regulations, combined with strengthened tax authority’s enforcement policies, make it crucial for preparation for and manage examinations in a constructive manner. Many issues complicate the process of the examination, including the volume and the scope of the exam.rnWe represent individuals and business client in audit and appeals in front of Internal Revenue Service, Franchise Tax Board, State Board of Equalization and Employment Development Department. Our experience and knowledge on how the tax authority function allow us to present informed opinion on the strengths and weaknesses of both client and government positions. Our services in client representation include: protest preparation, representation at appeals conferences, representation in alternative dispute resolution procedures, analysis of final tax and interest calculations. We evaluate the often-complex interest computations associated with deficiencies or refunds arising from an Internal Revenue Service examination and spot inaccuracies in calculations made by the IRS computer system.rnWe are a boutique firm with one CPA and administrative assistant. Every case gets personal attention and is approached sensibly. Olga Kormochi, CPA, the founder and CEO of TCS is a Certified Tax Resolution Specialist. She gained degree of Master of Science in Taxation from Golden Gate University. She started her career with Deloitte & Touche as tax professional in 2000, and then continued to work for local CPA firm. Since 2005 she specializes in client’s representation in front of the IRS, FTB, SBE and EDD and resolution of tax problems.rnDuring last five years, Ms. Kormochi effectively challenged the IRS and FTB proposed assessments of additional tax liabilities during the audits. The issues that she was able to dispute include timing of income recognition under accrual method of accounting, calculation of shareholder’s basis for purpose of allowed losses taken on shareholder’s individual tax return, substantiation of charitable contribution, gain recognized in Sec. 1031 exchanges. In addition, she successfully requested the abatement of various penalties for my clients.rnOlga Kormochi is a member of American Society of Tax Problem Solvers and American Bar Association. She attended American Law Institute Tax Controversy Institute and UCLA Tax Controversy Institute.rnWith constant changes in already complicated tax law, the understanding of the effect of these changes on tax return is an essential duty of the tax profession. Our professionals provide detailed and objective tax planning advice to individuals and businesses. We prepare individual and business tax returns, including corporations, S-corporations, limited liabilities companies and partnerships tax returns for current and prior years.We will review your prior year tax return and prepare an amended return, if necessary.rnWe review your tax return for potential tax saving and make recommendation based on your particular situation and goals.