Practice area 01 of 04

Business CPA Services
in Torrance, CA

Business decisions can have long-term financial and tax consequences. Having professional support can help business owners better understand their options, maintain organized financial information, and prepare for future changes in their company.

Five services. Most owners take three of them at once, because the entity, the tax plan and the statements are one decision seen from three sides.

At Iraj Pessian & Associates, we provide professional business services to help owners address important financial and tax decisions throughout the life of their business. From choosing an appropriate business structure and getting a new company established to tax planning, financial statements, and succession planning, our firm provides personalized guidance based on each client’s circumstances.

Business Services for Every Stage of Your Company

The needs of a business often change over time. A new business may be focused on selecting an entity and establishing its financial processes, while an established company may need greater attention to tax planning, financial reporting, and long-term succession.

Iraj Pessian & Associates provides business services that address these different stages and help owners approach important financial matters with greater clarity.

Business Entity Selection

The structure chosen for a business can have lasting tax and financial implications. Different entity types may involve different tax treatment, reporting requirements, and administrative responsibilities.

We help business owners evaluate the advantages and considerations associated with different business structures, including corporations, sole proprietorships, limited liability companies, partnerships, and other entity types. The goal is to help clients better understand their options before selecting a structure for their business.

Business Startup Services

Starting a business involves a number of financial, accounting, and tax considerations in addition to establishing day-to-day operations.

Iraj Pessian & Associates assists new business owners with financial matters that may arise during the startup process. Depending on the needs of the business, this can work alongside services such as entity selection, bookkeeping, QuickBooks setup and support, payroll reporting, tax preparation, and financial statement preparation.

Business Tax Planning

Tax planning allows business owners to consider potential tax consequences before important financial decisions are made. Rather than addressing taxes only when a return is prepared, business tax planning considers how changes in income, expenses, business structure, and other activities may affect current and future tax obligations.

We help business clients incorporate tax considerations into their broader financial and business planning.

Business Succession Planning

Business owners may eventually need to consider how ownership or management of their company will transition in the future. Business succession planning can help create a more organized approach to business continuity and the transfer of ownership. It may involve financial and tax considerations related to the owner, successors, and the future operation of the company.

Iraj Pessian & Associates assists business owners with the financial and tax aspects of succession and business continuation planning.

Business Financial Statements

Financial statements can provide business owners and management with valuable information about a company’s financial position and performance.

Iraj Pessian & Associates assists with the preparation of financial statements in accordance with professional standards. These statements can help management better understand financial activity and provide useful information when making business decisions.

Business Services Supported by Tax and Accounting Experience

Managing a business often involves financial responsibilities that extend beyond a single service. In addition to our core business services, Iraj Pessian & Associates provides tax preparation, tax planning, monthly bookkeeping, payroll reporting, QuickBooks setup and support, and financial statement preparation.

Bringing these areas together can help business owners maintain more organized financial information and better understand how tax, accounting, and business decisions relate to one another.

Personalized Business Guidance

Every business has different financial circumstances, responsibilities, and goals. Iraj Pessian & Associates is a relatively small firm that emphasizes close, personal attention and long-term client relationships.

Our approach is focused on understanding each client’s situation and providing professional guidance relevant to the financial and tax matters facing their business.

The six questions
people ask before they call.

Answered here rather than after an enquiry form. Nothing below is a range that turns out to be a floor.

What business services does Iraj Pessian & Associates provide?

Our business services include business entity selection, business startup services, business tax planning, business succession planning, and financial statement services. We also provide related tax and accounting services, including bookkeeping, payroll reporting, QuickBooks support, and tax preparation.

How can a CPA help when starting a business?

A CPA can help business owners evaluate financial and tax considerations involved in starting a company, including entity selection, accounting setup, bookkeeping, payroll, and tax responsibilities.

Why is choosing the right business entity important?

Different business structures may have different tax and reporting implications. Evaluating those differences can help an owner make a more informed decision about how to structure the business.

What is business tax planning?

Business tax planning involves considering how financial and operational decisions may affect current and future tax obligations. It allows tax considerations to be addressed as part of broader business planning rather than only at tax-filing time.

What is business succession planning?

Business succession planning focuses on preparing for the future transition of business ownership or management. It can involve business continuity as well as financial and tax considerations related to transferring ownership.

Does Iraj Pessian & Associates provide ongoing accounting services for businesses?

Yes. The firm’s existing services include monthly bookkeeping, payroll reporting, QuickBooks setup, support and training, financial statement preparation, and tax services.

Who handles this

Two names,
given at the start.

One CPA prepares, a second reviews and signs. You are told both before the engagement letter, and they do not change mid-year.

Prepares · Licensed 2003

Garman Chan, CPA “Most notices are answerable. What makes them expensive is waiting.”

CPA 86802 · garman@pchcpa.com

Who handles this

Iraj Pessian, CPA “A return is a record of decisions you have already made.”

CPA 55798 · pessian@pchcpa.com

Start with the situation, not the service.

Describe it in one sentence. We will tell you which of these it is and what it would take.