Lakshya — Sanskrit for aim — is what we bring to every return. Tax preparation, wealth enhancement, and estate planning for individuals, S‑Corp owners, and families who value careful work and plain language.
Tax preparation is the foundation — but real value comes from pairing it with the wealth and estate strategies that compound over decades. We work across all three, with the same preparer you call when you have a question.
Meticulous federal and California tax preparation, done by the preparer who signs your return. No junior shuffle, no outsourcing.
Every tax dollar saved is a dollar compounding for you. Proactive strategies that turn a return into a lever for long‑term wealth.
Build wealth that outlives you. Wills, trusts, and gifting structures that shield millions from estate tax across three generations.
Too many tax firms optimize for volume, and too many clients end up as file numbers. We built the opposite — a practice small enough that every return gets the attention it deserves.
We take fewer clients on purpose. Every return is reviewed and signed by a preparer who knows your situation by name.
You’ll never leave a conversation confused. If we can’t explain it simply, we’ll keep working at it until we can.
The best tax work happens in July and November, not the week before a deadline. We’re a phone call away all twelve months.
Tax minimization within the letter and spirit of the law. No aggressive positions, no surprises, no awkward calls in April.
The full breadth of tax work, handled in‑house from the first intake call to the final e‑file confirmation.
Federal and California returns for W‑2 earners, investors, landlords, and multi‑state filers.
Form 1120‑S, Form 568, K‑1 / K‑2 / K‑3, basis tracking, and reasonable compensation analysis.
Quarterly projections, Cash Balance Plans, Solo 401(k), backdoor Roth strategy, §199A optimization.
Notice response, amended returns, installment agreements, and ITIN‑to‑SSN corrections. Steady representation when letters arrive.
S‑Corp election timing, EIN applications, CA EDD registration, and the basics new owners need to get right.
FBAR, Form 8938, foreign rental property on Schedule E with ADS depreciation, and currency conversion done right.
Every dollar saved in tax is a dollar compounding for you. These are the strategies we build into our planning — proactive moves that turn a return into a lever for long‑term wealth.
Solo 401(k), Cash Balance Plans, and SEP‑IRA stacking for S‑Corp owners — legally shelter up to $300K+ per year from current taxation.
$100K–$300K+ deferred/yrStrategic Roth conversions in low‑income years, backdoor Roth contributions, and the mega backdoor through Solo 401(k) — tax‑free growth for life.
Tax‑free compoundingDonor Advised Funds, appreciated stock gifting, Qualified Charitable Distributions from IRAs, and charitable remainder trusts for significant liquidity events.
Deduction + capital gains avoidanceCost segregation studies, bonus depreciation, §1031 exchanges, and short‑term rental loophole strategies to offset active income with real estate losses.
Depreciation shields active incomeS‑Corp elections to eliminate self‑employment tax, reasonable compensation optimization, and accountable plans to convert personal expenses into pre‑tax deductions.
Cuts SE tax by 15.3% on profitsHarvesting losses to offset gains, long‑term rate planning, installment sales, Qualified Small Business Stock (§1202) exclusions, and Opportunity Zone deferrals.
Up to $10M gain exclusion (QSBS)529 plans with superfunding (5 years upfront), Section 127 employer education benefits, kiddie tax planning, and hiring your children in the family business.
Income shifting + tax‑free growthQualified Business Income deduction planning — entity grouping, SSTB thresholds, W‑2 wage strategies, and safe‑harbor elections for rental real estate.
Up to 20% deduction on pass‑through incomeForward‑looking scenarios that weigh a Roth conversion now against tax rates in retirement, or a stock sale this year vs. next. Strategy by calendar, not by April.
Rate arbitrage across yearsMost of these aren’t for everyone — they’re matched to your income, entities, and goals. A short conversation reveals which ones move the needle for you.
The most powerful tax strategy isn’t for this year — it’s for the next three generations. Wills, trusts, and careful gifting can shield millions from estate tax, skip probate, and compound wealth across decades. We help you build that structure before you need it.
The architect. Income‑tax planning, entity structuring, and retirement accumulation build the base. This is where estate planning begins — by protecting what you’ve earned from taxation today.
The beneficiaries. Trusts, stepped‑up basis, and lifetime gifting move assets into the next generation efficiently — minimizing estate tax, avoiding probate, and preserving family harmony.
The legacy. Dynasty trusts, generation‑skipping transfers, and 529 superfunding let wealth grow tax‑advantaged across half a century or more — compounding far beyond a single lifetime.
We coordinate with licensed California estate attorneys to make sure your will reflects your wishes with precision — and ensure the tax consequences are understood before you sign.
The cornerstone of most California estate plans. A properly funded living trust skips probate entirely, maintains privacy, and provides seamless transition at incapacity or death.
For families with significant assets, irrevocable trusts remove wealth from your taxable estate while letting it compound for children and grandchildren — sometimes for a century or more.
The federal lifetime exemption is the single largest tax opportunity most families never fully use. We build a multi‑year gifting calendar that shifts wealth before it’s taxed.
Integrate philanthropy into your estate plan. Charitable trusts can generate current deductions, provide income streams, and eliminate estate tax on large gifts to causes you care about.
For S‑Corp and LLC owners, your business is often your largest asset. We design buy‑sell agreements, family limited partnerships, and grantor trusts that transfer ownership with minimal tax friction.
At Lakshya, we follow a proven, client‑centered approach that integrates tax, accounting, and wealth advisory services into one seamless experience.
We begin with a discovery meeting to understand your financial goals, tax situation, and advisory needs. A clear engagement letter and secure document collection set the foundation for our relationship.
Through our secure client portal, we collect and organize all relevant financial documents — prior returns, business records, investment statements, and planning documents.
Our team prepares federal and state returns with a rigorous multi‑level review process, ensuring technical accuracy and full compliance across individual, business, and multi‑state filings.
We go beyond compliance. Every return is reviewed for planning opportunities — retirement strategies, entity optimization, charitable giving, Roth conversions, and estate considerations.
We walk you through your return alongside personalized planning recommendations, turning tax filings into actionable financial insights.
Returns are e‑filed and monitored through acceptance. You receive filing confirmations, final copies, and estimated payment reminders for the year ahead.
For advisory clients, we implement the plan — funding retirement accounts, executing investment strategies, coordinating with estate attorneys, and aligning insurance coverage.
Throughout the year, we provide quarterly estimates, mid‑year projections, portfolio reviews, and proactive guidance on new tax laws and financial developments.
In the final quarter, we run projections and recommend year‑end moves to optimize your tax position and financial outcomes.
We maintain organized records, conduct annual reviews, and evolve our strategy with you — ensuring your plan grows alongside your life and goals.
Miss one and the penalties add up fast. We track these for every client — so you don’t have to.
A free 20‑minute consultation. No sales pitch — just a clear sense of whether we’re the right fit for your situation.