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Diane E Pallas, E.A., L.T.C., a former IRS agent, has over 16 years of experience in income tax auditing, department management, and instruction.

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Accounting and Tax Services

Tax Organization & Preparation
We are able to organize your financial records as well as prepare your tax returns, whether they be Individual, Partnership, Subchapter S Corporations, C Corporations, or Employment.

Tax Representation
Diane is authorized to represent clients before the Taxing Authorities.

Small Business Consulting
* Choosing business entity type
* Business consulting
* Startup consultation and organization
* Helping small to mid-size businesses grow
* Quarterly updates, ongoing consultation
* Tax and business strategies

Tax Research & Consulting

Issues are researched utilizing the tax code, regulations, interpretations, pertinent court cases, legislation and committee reports to provide the most appropriate response. With a Master’s Degree in accounting and over 16 years with the IRS, advice will be given based upon experience, knowledge and research.

Individual Cash Flow Analysis
Do you wonder why your money disappears faster than you earn it? Individualized analysis and coaching sessions will answer your questions.

Passive Activity Losses
The Tax Reform Act of 1986 added Code section 469 which limits individuals' ability to deduct losses from businesses in which they do not materially participate and from rental activities. The impact Code section 469 extends to virtually every business or rental activity whether reported on Schedules C, F, or E as well as to flow through entities, ie S-corporations, partnerships, trusts and limited applications for closely held C corporations.

Forensic Accounting
Forensic Accounting is the application of financial accounting to legal disputes and investigations in which as many details as possible are gathered of an alleged misappropriation of funds.(Mark A Siegel, 2001)

Speaking & Instruction
Diane conducts classes in Tax Law as it pertains to individuals, partnerships and corporations.  She is also an organizational speaker on this subject.