BFJ Advisors, LLC

401K Employee Benefit Plan Audits

Conduct employee benefits plan audits, ensuring compliance, assessing cost-effectiveness, evaluating communication strategies, and aligning plan design with legal requirements to improve overall plan performance and employee satisfaction.

Accounting

Provides comprehensive bookkeeping, financial reporting, and day-to-day accounting support to help firms and clients maintain accurate, timely, and compliant financial records.

Audit and Assurance

We perform audits, review and compilations as required by California Civil Code Section 5300 and/or an association's governing documents. Our extensive knowledge of HOA accounting can help management companies or boards with simple to complex questions on GAAP, internal controls, financial statement presentations and more.

Business Tax Planning

Business tax planning helps companies structure their operations to minimize tax liabilities and maximize savings. It involves analyzing transactions, timing income and expenses, and considering available deductions and credits. Effective planning can improve cash flow, reduce risks, and support long-term growth.

Compilations & Reviews

Compilation and review services provide organized financial data for external users, aiding investment and credit decisions, and assist internal management in strategic planning and decision-making with clear, concise reports.

Consulting

Provides strategic advisory and project-based expertise to help organizations improve processes, solve complex challenges, and unlock new opportunities for efficiency and expansion.

Federal Tax

Navigate federal tax legislation and regulations, offering strategic guidance to maximize tax savings and minimize risks through insightful accounting method planning and compliance.

Fiduciary/Trust and Estate Accounting Services

Services provide meticulous, reliable record-keeping and reporting to ensure financial compliance and transparency, aiding fiduciaries in fulfilling their duties with precision and accountability.

Financial Statements

We’ve got an experienced and qualified team to do your Audit (or Review, or Compilation) that loves detail and dreams about quality control. That same team, however, wants to proactively communicate with you, help you understand the value of a financial statement and fuel a discussion about what you want to accomplish.

Fixed Asset Services

Fixed asset analysis identifies tax-saving opportunities through accelerated depreciation and compliance issue resolutions, applying changes to past assets without needing tax return amendments.

Income Taxes

Ranging from compliance to advocacy, we are an HOA's partner in income tax reporting for federal (IRS) and California (FTB) income taxation. We also have extensive experience getting exemption from the FTB's minimum tax.

Individual Tax Planning

Individual tax planning helps clients manage their personal tax obligations strategically. It includes evaluating income, investments, and deductions to reduce tax liability. Planning ahead can prevent surprises at tax time and improve long-term financial health.

M&A Tax Strategy & Due Diligence

Evaluates tax risks and opportunities during transactions, ensuring buyers and sellers understand exposures, optimize deal structure, and achieve smooth post-close integration.

Mergers & Aquisitions

We work with clients on both buy-side and sell-side transactions, including making sure your business is well-positioned for a transaction to maximize integration value and effectiveness. It’s our pleasure to walk alongside our clients to look ahead, plan for the future, and be as ready as possible for these significant events. We have a team that can support through all phases, including entity pre- and post- transaction structuring, due diligence, financial and accounting preparedness, and tax efficiency planning.

Opportunity Zones

Assist individuals and businesses with the tax implications of investing in Opportunity Zones, which offer unique tax benefits while also promoting economic growth in underdeveloped communities.

Real Estate Tax Strategy

Advising on 1031 exchanges, depreciation strategies, REITs, and real estate holding structures.

Tax Compliance and Preparation

Tax compliance and preparation involve preparing and filing accurate tax returns for individuals or businesses. Accountants ensure adherence to tax laws and deadlines, minimizing risk of penalties. This service also identifies potential credits, deductions, and strategies to reduce tax liability.

Tax Controversy & Dispute Resolution

Expert professionals resolve tax controversies by navigating complex systems, assessing issues, communicating with the IRS, and creating tailored strategies to achieve favorable resolutions with minimized financial impact.

Tax Planning

Tax returns can sometimes seem like only compliance requirements. However, we don’t simply run your numbers and check boxes. We use this as an opportunity to spearhead discussion of other key organization topics, facilitate conversations regarding financial issues that are important to you, and grow a relationship that allows us to help you achieve your goals.

Transaction Advisory Services

Suite of professional services designed to assist businesses in navigating the complexities of corporate transactions such as mergers, acquisitions, divestitures, and other significant financial undertakings.