About Liberty Tax Accounting – Your Trusted Tax & Accounting Firm in Newport Beach, CA
At Liberty Tax Accounting (LTA), we help individuals and businesses across Orange County, Los Angeles County, and all of California make smarter financial decisions. For over 20 years, our firm has been delivering reliable tax preparation, bookkeeping cleanup, accounting, payroll, and business advisory services designed to simplify complex financial matters.
Whether you need help filing your individual 1040 tax return, managing business tax compliance, or cleaning up years of accounting records, we provide personalized, accurate, and affordable services that save you time, money, and stress.
Our Story – Two Decades of Trusted Service
Founded in Newport Beach, Liberty Tax Accounting has been serving local families and small businesses with integrity and professionalism. In 2021, we expanded further by acquiring another tax firm, merging expertise and technology to now serve 2,000+ active clients annually.
Our growth is built on one principle: client trust comes first. We combine advanced software like Drake Tax and Drake Accounting with personalized advisory to ensure that every client—from individuals to corporations—receives the attention and accuracy they deserve.
Our Core Services
We understand that every client’s financial needs are unique. That’s why we offer a complete suite of tax and accounting services tailored to individuals, startups, and established businesses.
Individual Tax Preparation Services (1040 Returns in Orange County & Beyond)
Filing taxes can be stressful and time-consuming. Our team makes individual tax preparation simple by ensuring accuracy, maximizing deductions, and filing on time.
Federal & California State tax returns (1040)
Tax planning for professionals, contractors, and freelancers
Maximizing credits (Child Tax Credit, Earned Income Credit, Education Credits)
IRS audit support and representation
Business Tax Preparation (1120, 1120-S, 1065 Returns)
Running a business means staying compliant with complex tax laws. We prepare and file business tax returns for all entity types:
C Corporations (1120)
S Corporations (1120-S)
Partnerships (1065)
LLCs and LLPs
Bookkeeping & Accounting Cleanup Services
Many businesses struggle with messy books and unorganized financial records. Our bookkeeping cleanup services help you regain financial clarity by:
Converting bank statements (PDF to Excel)
Correcting errors in past accounting records
Reconciling accounts
Setting up accurate double-entry bookkeeping
Providing detailed reports (P&L, balance sheet, ledger)
Payroll & Financial Reporting
Our payroll services ensure employees are paid accurately and on time, while staying compliant with tax withholdings. We also deliver custom financial reports that help you track performance:
Payroll processing & tax filings
Profit & Loss statements
Balance sheets
General ledgers & custom reports
Sales Tax Preparation & Filing (California Businesses)
Navigating California’s complex sales tax rules can be challenging. Our team helps businesses stay compliant by preparing and filing accurate sales tax returns:
Multi-jurisdiction sales tax compliance
Online business sales tax reporting
Avoiding penalties for late or incorrect filings
Guidance on California Department of Tax & Fee Administration (CDTFA) regulations
Entity Formation & Business Advisory
Starting a new business? We guide you through entity formation (LLC, Corporation, Partnership) and provide ongoing business advisory:
Choosing the right entity for tax savings
EIN registration & state compliance
Business strategy & tax planning
Year-round advisory to grow your business
Why Clients Choose Liberty Tax Accounting
With over 20 years of experience, Liberty Tax Accounting has proudly served clients across Orange County and Los Angeles County with trusted tax, accounting, and business advisory services. We support more than 2,000 active clients, including individuals, freelancers, and small businesses, who rely on us for accurate and timely filings. From individual tax preparation in Orange County to business tax preparation in California, our local experts ensure compliance with state and federal laws while maximizing deductions and minimizing liabilities.
Our firm also helps businesses maintain financial clarity through professional bookkeeping and accounting cleanup services, correcting errors, reconciling accounts, and organizing records for better decision-making. For small businesses, we provide reliable payroll services in Newport Beach and deliver detailed financial reporting in Orange County, including Profit & Loss statements, balance sheets, and general ledgers. We also specialize in sales tax preparation in California, guiding businesses through CDTFA compliance and timely filing to avoid penalties. In addition, our LLC formation services in Newport Beach and business advisory across Orange County give startups and growing companies the right structure and strategies to succeed.
Our Commitment to You
At Liberty Tax Accounting, your financial peace of mind is our mission. We don’t just prepare tax returns—we build long-term relationships founded on trust, accuracy, and results. Whether you’re seeking personal tax filing in Newport Beach, corporate tax filing in California, or expert tax planning for startups in Orange County, our dedicated team is here to simplify the process. By combining advanced tools, secure online portals, and deep knowledge of California’s tax laws, we help individuals and businesses achieve compliance, reduce risks, and maximize financial success.
