Tailored Solutions for Your Financial Needs
Your success is our mission.
Our Range of Services
We offer a comprehensive suite of financial services designed to meet your unique needs. Whether you're an individual seeking tax advice or a business requiring full-scale accounting support, our expert team is here to guide you every step of the way
SERVICES
Tax Preparation
Let’s say goodbye to tax stress and headaches. At Philip L. Liberatore, CPA, we're your comprehensive tax solution. Our expertise covers:
- Comprehensive Services: Federal, state, and local taxes
- Who We Serve: Individuals, businesses, sole proprietors, corporations, partnerships, trusts, estates, and other legal entities
- Specialties: Court reporters, travel agencies, and trucking companies
- All Tax Types: Income, franchise, property, sales, estate, payroll, fiduciary, and gift tax returns
We don't just prepare taxes - we optimize them. Our approach:
- Helping you minimize taxes with strategic tax planning, business structuring, and tax analysis
- Maximizing exemptions, exclusions, credits, and deductions
- Staying up-to-date with ever-changing tax regulations
- Providing tax-oriented investment analysis to determine the implications of estates, trusts, and retirement, amongst others
- Assisting with tax examinations and reviews, especially for the special needs of sole proprietors and small businesses

Our mission: providing you relief from the burden of taxes while maximizing your financial goals. Experience the Liberatore difference – where tax expertise meets personalized service.
Tax Services
At Liberatore CPA, we go beyond tax preparation. Our comprehensive tax services include planning and consulting.
When you work with us, we offer:

- Strategic Tax Planning: We craft customized tax strategies, advise on optimal business structures, and provide real-time tax analysis to keep you ahead of the curve.
- Meticulous Tax Preparation: Our team maximizes legal exemptions, exclusions, credits, and deductions. With up-to-date knowledge of federal, state, and local tax regulations, we optimize your tax structure for maximum benefits.
- Tax-Oriented Investment Analysis: We evaluate tax implications for estates, trusts, and retirement portfolios, aligning your investments with tax efficiency goals.
- Specialized Small Business Support: Our experts provide tailored assistance for the special needs of sole proprietors and small businesses, guiding you through tax examinations and reviews with confidence.
- Holistic Financial Approach: We integrate tax strategies with your overall financial objectives, balancing tax minimization with investment goal maximization.
- Yearly Reviews: Each year, we’ll carefully examine your tax situation. If we spot any problems, we'll let you know right away. We aim to respond quickly to give you the best service possible.
One of the major services we provide to our clients is tax planning and consulting. We review tax issues in connection with the annual review and believe the highest quality of tax services we provide includes timely response to tax and financial issues.
SERVICES
Sales Tax
Sales tax collection and submission is a crucial requirement for many businesses. With ever-changing rates that vary by region, accurate tracking is essential to avoid costly mistakes. Our expert team at Liberatore CPA can efficiently compile information and prepare your sales tax returns on time.
As your tax consultant, we provide a comprehensive, high-level view of tax planning. We equip you with a system and strategy that’s aligned with your business goals. Combined with our bookkeeping services, we offer a customized approach to support your company's needs and growth.

Unsure about your region's sales tax requirements? Book a consultation with us to optimize your business and prepare for the future.
Bookkeeping
At Liberatore CPA, we believe that organized financial records are the backbone of any successful business. Our full-service accounting firm provides traditional bookkeeping and consulting for Southern California businesses. Our friendly team can help set up your business and manage daily tax-related tasks.
We know keeping accurate books can be time-consuming and hard to keep up with. That's why we're here to update your records, providing a clear financial picture and strategies for growth.
Ready to take your business to the next level? Our team has over 30 years of experience in creating solid financial records for growing companies. Start with a simple consultation today.
Payroll Services
Payroll management is critical for every business, but it can be time-consuming. As your company grows, so does the complexity of payroll administration.
But there’s a hidden cost to payroll – time. Business owners often spend hours each month preparing and managing their staff’s compensation, when these hours could be better spent on generating new clients or creating greater client loyalty.
At Liberatore CPA, we free up your time and and ensure your payroll is completed correctly the first time.
Our expert team ensures effective and efficient payroll processing. We'll implement robust controls and develop a reliable system tailored to your needs, preparing all necessary tax returns in a timely manner. From W-2s and 1099s to state and federal tax reporting, we've got you covered.
Services include:

- Preparation of W-2's, W-3's, and 1099's
- State, local, and federal tax liabilities and reporting
- User-friendly reports and forms
Let us handle your payroll, so you can focus on what matters most - your business.
SERVICES
Financial Statements
At Liberatore CPA, we help businesses make informed financial decisions through prepared financial statements, in accordance with professional standards. The statements serve as vital management tool for making financial decisions.
Our experienced team of credentialed CPAs offer a wide range of financial reporting services, including:
- Tax and Financial Audits
- Financial Reviews and Compilations
- Cash Flow and Budget Analysis
- Financial Forecasts and Projections
When it comes to understanding and preparing basic and complex financial statements, successful businesses turn to Liberatore CPA, since they know they are a critical management tool for making solid financial decisions.
*Liberatore CPA expresses no opinion of any other form of assurance as to the underlying information contained in the reports.
SERVICES
Accounting
When it comes to accounting, we partner with you to bring financial clarity and ease.
Timely, accurate financial reporting is our unwavering commitment at Liberatore CPA. We recognize the vital role of financial statements in evaluating performance and shaping future strategies. We also provide support and services for sole proprietors, small businesses, large corporations and individuals.
Our expert team offers a full spectrum of cost-effective services:
- Thorough financial statement and ledger preparation
- Flexible, scalable bookkeeping services
- Complete accounting setup for new ventures
- Efficient, computerized payroll management
- Comprehensive tax return preparation (sales, use, and business property)
- Specialized litigation support
- Review of internal controls, procedures, accounting and administrative systems
- Preparing budgets and forecasts
In addition, we can provide assistance with preparing budgets and forecasts, analyzing retirement plans, merger and acquisition negotiations, stockholders' meetings, identifying potential growth areas and more.

We're here to support your journey every step of the way – never forgetting that our success depends upon your success.
Consulting Services
We measure our success by yours. Our broad range of financial management and consulting services are designed to boost your profitability and achieve your business targets. But not only that – we’re focused on building close relationships and deeply committed to our client’s prosperity.
Our areas of expertise include:

- Tailored accounting software solutions
- Strategic business entity selection
- Precise business valuations
- Expert advice on business transactions (buying or selling)
- Efficient computer systems
Comprehensive financial and retirement planning
We're dedicated to solving your unique challenges with practical, innovative solutions backed by our diverse, combined business experience. Our consulting expertise are designed for any business, and particularly valuable for sole proprietors and small business owners, helping them implement effective strategies to reach their goals.
Our team excels at pinpointing factors hindering your profitability and growth, and we develop practical, sound solutions to address these challenges. Beyond being a trusted advisor, we offer adaptable, comprehensive strategies tailored to your business's specific needs at every stage of its development.
SERVICES
IRS Representation
Pay Off Your IRS Debt
Are you drowning in IRS debt? Many taxpayers find themselves in a position where they can never pay off the IRS. It becomes mathematically impossible with all the penalties and interest the IRS continues to add every day.
The new IRS program called Offer In Compromise allows you to pay the IRS a small amount (pennies on the dollar) and have them wipe out the total amount you owe, including all penalties and interest. When the IRS accepts your offer and you pay it, then ALL federal tax liens are removed.

Preparing and successfully negotiating an Offer In Compromise is a complicated process and currently takes 9-12 months. Our firm handles the preparation of Offers In Compromise and all of the negotiations with the IRS, so you don’t have to.
Navigating an IRS Audit Letter
There is nothing worse than receiving an IRS audit letter in the mail, and the time away from your job and family is considerable. We don't suggest any individual or business meet with the IRS directly in connection with an audit – the IRS auditors are trained to get more information out of you than you have to provide.
The first thing we recommend is having an independent CPA handle all correspondence and meetings with the IRS. This puts the IRS on notice that you are serious about winning your audit.
Your preparation before the audit appointment is extremely important. Our firm handles IRS audits by essentially performing an audit on your records in our office before the scheduled appointment. This way, we uncover any areas where your documentation is not adequate before the IRS auditor looks at your records. IRS audits usually start with one year and then expand to other years as the auditor makes changes. Our goal is to stop the auditors in the first year, preventing any additional changes.

Our firm meets with the IRS auditor either in their office or ours. You can continue with your personal life and let us deal directly with the IRS – breathing a sigh of relief.
Delinquent Returns
Taxpayers get behind in filing tax returns from time to time and often make the problem worse by never filing. You know the IRS is out there looking for you – and you want to start sleeping peacefully again. So, what's the hold-up?
Most people with unfiled returns are afraid of what will happen to them when they get back in the system. By using Liberatore CPA to represent you, we will be the contact person with the IRS and handling all communications.

Let’s relieve the burden you’ve been carrying and get your return processed without the hassle.
Other IRS Issues
Struggling with other IRS problems? Our seasoned team is happy to step in and help you every step of the way.
SERVICES
Frequently Asked Questions
Navigating the world of taxes and finances can be complex. That's why we've compiled this list of frequently asked questions to help provide guidance – from common tax questions to understanding terminology.
Questions include:

- Who can I claim as a dependent?
- What if I can’t file my tax return on time?
- Can my child set up an IRA?
- Are my Social Security benefits taxable?
- And more!
Our comprehensive FAQ page delves deeper into these topics and many more, providing you with the knowledge you need.
Take Your First Step Towards Financial Freedom
Ready to experience the Liberatore CPA difference? Schedule your consultation today. Our experts are here to understand your unique situation and provide tailored solutions.
