Gill Tax Group

Gill Tax Group Our accounting and bookkeeping services allow you to manage your finances and see beyond the numbers We have offices in Irvine, San Diego, and Los Angeles.

“Exciting” may not be the first word that comes to mind when considering your accounting needs, but here at Gill Tax Group, PC, we aim to change that. To our qualified Los Angeles, CA CPA firm, accounting is exciting and not just because we love crunching numbers. We view accounting differently than most – as an opportunity to join forces with small business owners just like you so that we can use

our skills to help your business grow. We listen to and get to know each client so that we can curate services that meet their immediate needs and lay a foundation for their future. As an experienced CPA firm, we know that situations can change quickly. When those changes occur, we’ll be here for you, whether you’re a business or an individual. We are excited to join you on the journey as you make strategic financial decisions for now and set long-term goals for future growth. Your growth is our growth, so we take your business personally, and we do it with personality. Irvine Office
One Park Plaza
6th Floor
Irvine, CA 92614

San Diego Office
4225 Executive Square
Suite 600
San Diego, CA 92037

Los Angeles Office
1801 Century Park East
24th Floor
Los Angeles, CA 90067

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026...
09/04/2026

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026, to file it. But if you have the tax-filing information you need, you may want to file now. There’s no advantage to waiting until the deadline. If you owe tax, the IRS offers short- and long-term payment plans, as well as installment agreements, to taxpayers who qualify. It’s important to act quickly if you owe because any amount that was due April 15 accrues interest until the balance is paid. Call us at (866) 445-5829 if you need help filing your extended return or have questions regarding your current tax situation.

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under federal tax law, you can ...
09/02/2026

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under federal tax law, you can generally deduct 50% of qualifying business meal costs. Whether you're dining with clients, partners or employees, these deductions can reduce your taxable income. Keep detailed records of the expenses, including receipts. Document the business purpose of each meal and the business relationship of the people you dine with. Contact us at (866) 445-5829 with any questions about this deduction.

09/02/2026

Tax deadlines can sneak up fast. 📅

So, when exactly is the personal tax deadline? We’re breaking it down in this quick FAQ so you know what to expect and can plan ahead.

At Gill Tax Group, we help take the confusion out of tax season so you can file with confidence and avoid unnecessary stress.

Have tax questions or need help preparing? Let our team handle the details.

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion...
09/01/2026

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion. For 2026, you can transfer up to $19,000 per recipient gift-tax-free. And you can double the exclusion to $38,000 per recipient if you split the gifts with your spouse. But it’s critical to understand the rules of gift-splitting to avoid unintended tax consequences. To elect to split gifts, the spouse making the gift must file a gift tax return, and the other spouse must consent by checking a box on the return and signing it. Contact us at (866) 445-5829 for additional details.

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or...
08/31/2026

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or a “substantially identical” investment within 30 days before or after the sale, the loss may be disallowed. Fortunately, there are ways to avoid triggering the wash sale rule and still achieve your goals. Contact us at (866) 445-5829 to discuss balancing tax considerations with investment objectives.

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of...
08/28/2026

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of the awards are tax-free. To qualify for tax-free status, scholarships must meet three criteria: 1) The student must be a degree candidate at an eligible educational institution, 2) the award must be used to pay for tuition and fees, books, and certain supplies (not room and board or travel), and 3) the award can’t represent wages for teaching or research. Many graduate student awards have employment compensation components, so they may be taxable. Also, taxable scholarship money could potentially be subject to the “kiddie” tax. Contact us at (866) 445-5829 for more information.

08/27/2026

Taxes can feel overwhelming, especially when you’re managing a business and trying to keep track of all the details that come with it.

You don’t have to navigate it alone. Gill Tax Group is here to help simplify the process, answer your questions, and make sure you feel confident about what your business needs.

Let us handle the tax details so you can stay focused on running your business.

WWW.GILLTAXGROUP.COM

Business owners and self-employed individuals who use their vehicle for business may be able to deduct auto-related expe...
08/26/2026

Business owners and self-employed individuals who use their vehicle for business may be able to deduct auto-related expenses. But if a vehicle (including a car, van, pickup or panel truck) is used both for business and personal purposes, the expenses must be split based on mileage. These rules apply to both owned and leased vehicles. There are two methods for calculating auto expenses: actual expenses and the standard mileage rate. Both require careful recordkeeping, though using the mileage rate is generally easier. Contact us at (866) 445-5829 to determine which method makes sense for your situation.

Did you know the IRS can file a tax return on your behalf if you don’t file one yourself? It’s called a Substitute for R...
08/25/2026

Did you know the IRS can file a tax return on your behalf if you don’t file one yourself? It’s called a Substitute for Return (SFR) — and it’s rarely in your favor. The IRS uses information it already has, such as W-2 and 1099 forms, to prepare the SFR. But it usually skips deductions and credits you may be entitled to, often resulting in a higher tax bill. You could also face penalties, interest and collection actions, such as liens or levies. The good news? You can fix it. Filing an accurate return can generally replace the SFR and may reduce what you owe, though penalties and interest may still apply. Call us at (866) 445-5829 for help.

08/25/2026

Thinking about establishing an S Corp but not sure where to start? Gill Tax Group is here to help make the process easier to understand. We’re always happy to answer your questions and help you determine the best path forward for your business.

Have questions? Reach out to our team today!

WWW.GILLTAXGROUP.COM

Address

1 Park Plaza, Floor 10
Irvine, CA
92614

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+18664455829

Website

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