YCL Accounting & Consulting — Full-Service U.S. Tax & Accounting Solutions

YCL Accounting & Consulting is a full-service CPA-led tax and accounting firm providing professional, accurate, and reliable financial solutions to individuals, entrepreneurs, and multi-state businesses nationwide. Built on the pillars of professionalism, responsiveness, and uncompromising quality, we deliver high-value services that keep you compliant, organized, and confident.

Our Firm Philosophy

1. Professionalism

Our CPA-led team offers deep expertise in U.S. tax laws, accounting standards, and multistate compliance—delivering accurate and practical solutions for every client.

2. Responsiveness

We support our clients year-round, offering fast, clear, and dependable responses whenever tax or business questions arise.

3. Quality

Every tax return, report, and deliverable is prepared with meticulous care, ensuring accuracy and full compliance.

1. Individual & Family Tax Services

Tax Filing & Strategic Planning

• Federal & state income tax filing

• Multi-state tax returns

• W-2, 1099, and investment income reporting

• Long-term tax planning: deductions, credits, capital gains strategies

New Immigrant Tax Guidance

• Resident vs. Nonresident tax determination

• Foreign income and foreign asset reporting guidance

• Double-taxation avoidance strategies

Foreign Asset Reporting

• FBAR (FinCEN 114)

• FATCA Form 8938

• Form 5471 (Foreign Corporation Reporting)

• Reporting foreign real estate, bank accounts, and investments

Real Estate Tax Planning

• Rental property tax reporting (Schedule E)

• Depreciation, capitalization, and cost allocation

• 1031 exchange planning

• Capital gains optimization

Trust, Estate & Gift Tax Services

• Trust tax compliance

• Estate and gift tax returns

• Family wealth transfer strategies

Education Tax Benefits

• 529 Plan strategies

• Education credits (AOTC, LLC)

2. Business Tax & Accounting Services

Business Tax Filing & Optimization

• LLC, S-Corp, C-Corp, and Partnership tax returns

• Corporate tax deduction planning

• Self-employed (Schedule C) tax optimization

Payroll Processing & Compliance

• Full-service payroll administration

• Multi-state payroll tax compliance

• Payroll tax filings (quarterly & annual)

• W-2 and 1099 preparation

Financial Statements & Analysis

• Profit & Loss (P&L)

• Balance Sheet

• Cash Flow Statements

• Customized management reports

Business Formation & Registrations

• LLC / Corporation formation

• EIN application

• Sales tax permits & business licenses

• Multi-state tax account registrations

Cross-Border Business Tax Planning

• International transaction tax compliance

• Foreign exchange & cross-border payment tax analysis

• Ownership structure planning for foreign entities (5471, 1120-F)

3. IRS & State Compliance & Resolution

Review & Amended Returns

• Correcting prior-year returns

• Reporting missed income or deductions

• Filing Form 1040X

IRS & State Representation

• Responding to tax notices

• Audit assistance

• Penalty and interest abatement

• Installment agreements

Nonresident & Foreign Tax Services

• Nonresident tax returns (1040NR)

• Tax residency determination

• Tax treaty application

• ITIN preparation and filing

4. Payroll Services

Our full-service payroll solutions help you save significant time and ensure full compliance:

• Payroll system setup and maintenance

• Tax and benefits withholding

• Federal and state payroll tax filing

• Direct deposit / EFT

• W-2, W-3, 1099 reporting

• Third-party withholdings (insurance, retirement, etc.)

• Monthly, quarterly, and annual reports

5. New Business Formation

We help you build a strong foundation for your business:

• Business entity selection (LLC / S-Corp / C-Corp)

• EIN registration

• Sales tax permit & payroll account setup

• Federal and state compliance

• QuickBooks system setup

• Operating Agreement / Bylaws preparation

We help you launch your business the right way — legally compliant, tax-efficient, and structurally sound.

Why Choose YCL?

• Licensed CPA professionals with deep U.S. and international tax expertise

• Full-service solutions for individuals, businesses, and cross-border clients

• Extensive multi-state tax, payroll, and sales tax experience

• Transparent pricing and friendly service

• Automated, efficient, and cloud-based systems

• Year-round support and proactive planning

We are more than tax preparers — we are long-term partners in your financial success.

Conclusion

At YCL Accounting & Consulting, we aim to be your most trusted partner in U.S. tax and financial management. Whether you are an individual, new immigrant, self-employed professional, small business owner, or cross-border enterprise, we provide comprehensive, accurate, compliant, and actionable tax and accounting solutions that help you reduce taxes, optimize structures, increase profitability, and grow confidently.

We make U.S. tax and accounting simple, accurate, and stress-free.
YCL Accounting & Consulting — Affordable • Experienced • Friendly

FULL-SERVICE CPA FIRM LICENSED IN ALL STATES

A Proactive Approach to All Your Accounting & Tax Needs