Skip to content
High Velocity AccountingHigh Velocity Accounting

Individual Tax Services

Individual Tax Preparation in Clovis

A carefully reviewed return that accounts for your K-1, your truck, your home office, and the distributions you already took, filed on time with every deduction you're entitled to actually claimed.

Built for HVAC, plumbing, electrical, and mechanical contractors running trucks, techs, and service agreements out of QuickBooks Online, ServiceTitan, and Housecall Pro.

Schedule Your Free Strategy Call(559) 203-3450

What sends contractors looking for this

My return keeps getting flagged or I owe more than I expected

A return prepared without a full review of your reasonable compensation, distributions, and any payroll for a spouse or kids often produces a balance due in April that catches an owner off guard. This is common when the shop had a strong year, when a spouse went on payroll mid-year, or when a home sale or a new truck changed the numbers and nobody flagged it until filing season.

Software-only preparation also misses judgment calls specific to a trades business, like whether the personal truck's business-use percentage actually supports the mileage claimed, or whether a home office used for dispatch and invoicing meets the exclusive-use test, because the software only asks what it's programmed to ask.

An inaccurate return can trigger an IRS automated notice from its document-matching program, add an underpayment penalty if reasonable compensation was set too low, and in repeat cases increase the likelihood of a closer look at next year's filing.

I bought a rental with contracting profits and my return got complicated

A rental bought with a good year's profit, a second truck added to the fleet, or a spouse who now runs the office and draws a paycheck each turn a simple owner return into one with depreciation schedules, passive activity loss questions, and payroll reconciliation that has to be right for years to come. A preparer who mostly handles W-2 returns often is not built to catch the details.

Owners in this position also face phase-outs on certain deductions and credits and, once income climbs, exposure to the net investment income tax, none of which a generalist preparer may model correctly against the S corp income already on the return.

A missed depreciation election on a new rental, or a spouse's payroll set up incorrectly against the S corp, can each cost several thousand dollars in a single year and, once discovered later, may fall outside the three-year window for claiming a refund.

I fell behind on filing while I was heads down running the shop

Busy seasons, a new hire who didn't work out, or simply not getting around to it lead some owners to fall behind on filing, sometimes by more than one year. Once behind, the IRS may file a substitute return using only the 1099s and K-1s reported under your name, without any of your actual deductions, which almost always overstates what you owe.

Catching up means reconstructing income and expense records, sometimes years after the fact, pulling K-1s and prior QuickBooks files, and filing in the right order so each year's return lines up with the ones around it.

A three-year statute of limitations applies to claiming a refund, so a return filed too late forfeits that money permanently, while failure-to-file penalties accrue at 5 percent of the unpaid tax per month up to 25 percent, on top of failure-to-pay penalties and interest.

How we fix each of those

  1. 01

    Full-picture review before your return is filed

    We review your reasonable compensation, distributions, spouse or family payroll, and every other income source together, and cross-check withholding against your projected liability so there are no April surprises. Every return gets a second CPA review before it's sent for your signature.

  2. 02

    Rental and multi-vehicle expertise built for owners

    We maintain accurate depreciation schedules on rentals and fleet vehicles, correctly classify repairs versus improvements, and track passive loss carryforwards so they're available when the property is sold or when your income allows them to be used. Spouse and family payroll gets reconciled against the S corp return so the two match.

  3. 03

    Catch-up filing that puts you back on track

    We pull IRS transcripts and prior K-1s and QuickBooks files to reconstruct missing records, then prepare and file prior-year returns in the correct sequence to replace any substitute return the IRS filed and to preserve refunds still within the statute of limitations.

Everything included

  • Federal and state return preparation for K-1, payroll, and family payroll income
  • Rental property depreciation and passive loss tracking
  • Personal truck and home office deduction review specific to your business use
  • Prior-year and catch-up return preparation
  • IRS transcript retrieval to reconstruct missing records
  • Reasonable compensation and withholding review
  • E-filing with confirmation for your records
  • Second-CPA review before every return is signed

Work that pairs with this

Individual Tax Planning

A year-round conversation about your K-1, your distributions, and the moves that need to happen before December 31, not a once-a-year filing appointment.

View Individual Tax Planning

Self-Employed Tax Services

Clear guidance on what to set aside from every draw, what your truck and home office actually let you deduct, and when your payments are due.

View Self-Employed Tax Services

Business Tax Services

Tax preparation and planning for HVAC, plumbing, electrical, and mechanical contractors, built around your S corp or LLC, your ServiceTitan or Housecall Pro job data, and the states your crews actually work in.

View Business Tax Services

Contractors who have already done this

Real Google reviews from owners we work with, next to the engagements behind the numbers.

  • Google review

    Brett Neal has been our family's accountant for over six years now, because he is the most dependable professional in this business. We started with Brett as two separate single-filers with simple W-2's and quickly graduated to a married couple having multiple types of complicated business/tax filings. Brett took every shift in stride; every transition has been carried out smoothly and without any hiccups. Trust that this is the guy for all your filing, bookkeeping, and financial consulting needs.

    Alyssa Cotrina

    Business Owner, Trades

    Clovis, CA

  • Case study

    How a Construction Company Cleaned Up Two Years of Books and Financed New Equipment

    Construction · $2.8M - $4.1M annual revenue

    Books brought current
    22 months
    Equipment loan approved
    $680,000
    Read the full breakdown

  • Google review

    As a home services company, I feel that High Velocity Accounting has elevated our business to the next level. We are able to dig deeper into our numbers, report accurately and make adjustments where needed. They are very responsive, detail oriented and an extension of our team.

    Cathleen Helin

    Owner, Home Services

    Clovis, CA

  • Google review

    I have been so genuinely pleased with High Velocity Accounting's services. I feel I have an extension of our team in Brett and his team. They always make time for my questions and look for strategic ways to build our businesses mutually. I rest easy knowing our books are kept in good order and our taxes are prepared professionally. I never hesitate to recommend this firm to any service business owners looking for professional book keeping and tax services.

    Texas Medley

    Owner, Service Contracting

    Clovis, CA

  • Google review

    We have been using High Velocity Accounting for a couple years now and are so thankful for their service! They are meticulous, thorough, dependable and always ready to deal with a curveball. Kind, patient, gracious. Thank you for your service and the relationship we've developed together.

    Grant Schoenberger

    Client, Trades

    Clovis, CA

Where we do this work

Our office is in Clovis and we work with home services contractors across the Central Valley and nationwide. Pick your city to see how individual tax preparation works for shops in that market.

Not on the list? We run every engagement over QuickBooks Online, ServiceTitan, and Housecall Pro, so distance does not change the work. Call (559) 203-3450.

Talk to a CPA who will actually pick up the phone

Start with a 30-minute consultation at no cost. You will leave it knowing what the work involves, what it costs, and what happens next.

Schedule Your Free Strategy Call(559) 203-3450