Tax Advisory Tailored for Gilroy Business & Property Owners
As the commercial anchor of South Santa Clara County, Gilroy bridges vibrant local agriculture, commercial manufacturing, retail centers, and residential real estate with Silicon Valley’s high-income tech commuters. Operating a business or managing investment real estate in Gilroy requires proactive tax execution to navigate California’s high tax brackets and preserve capital.
From converting sole proprietorships via our LLC to S-Corp tax conversion hub to deploying the California AB 150 PTE tax workaround, we help business owners slash tax liabilities. We also serve Gilroy tech employees commuting to employers in San Jose and Santa Clara using targeted RSU cost basis adjustments to eliminate double taxation.
The Gilroy S-Corp & Real Estate Reinvestment Play
- The Income Event: A Gilroy contractor or commercial enterprise nets $320,000 in business profit as an LLC.
- The Tax Burden: Pays 15.3% self-employment tax on 100% of earnings plus gets hit by the federal $10,000 SALT deduction cap.
- Moontree CPA Fix: We execute an S-Corp election with an optimized reasonable salary split, file the CA AB 150 PTE election, and channel profits into local real estate backed by cost segregation depreciation write-offs.
- The Result: Saves ~$11,500 in self-employment taxes and captures ~$9,800 in SALT workaround deductions—saving over $21,000 every year!
Full-Service CPA Tax Solutions for Gilroy
Comprehensive business tax preparation, 1031 real estate strategy, and individual 1040 compliance.
Small Business & S-Corp Advisory
For Gilroy business owners and agriculture suppliers, we handle corporate filings (1120-S, 1065), optimize officer compensation, and deploy California AB 150 PTE elections.
Real Estate Rental & REPS Strategy
Investing in Gilroy commercial or multi-family real estate? We pair properties with Real Estate Professional Status (REPS) and engineering cost segregation studies.
Property Transfers & 1031 Exchanges
Protecting Gilroy agricultural or commercial land? We coordinate California Prop 19 reassessment exemptions and structure tax-deferred 1031 property exchanges.
Individual Tax Prep & Tech Equity
We manage complex high-income 1040 returns for Gilroy residents commuting to tech hubs, overriding brokerage 1099-B $0 basis errors during individual tax preparation.
Serving Gilroy, South County & Regional Tech Corridors
We deliver specialized CPA tax planning across major Northern California business and technology hubs. Explore our service locations:
Frequently Asked Questions for Gilroy Taxpayers
How can Gilroy small business owners bypass the federal SALT cap?
By electing into the California AB 150 Pass-Through Entity (PTE) tax, S-Corporations and LLCs pay an elective 9.3% state tax at the corporate level. This transforms state tax payments into an above-the-line federal business deduction, bypassing the personal $10,000 SALT limit.
How does a 1031 exchange benefit Gilroy real estate owners?
Under Section 1031 of the Internal Revenue Code, real estate investors selling commercial, residential rental, or land property in Gilroy can defer 100% of federal and California capital gains taxes by reinvesting gross proceeds into like-kind replacement property within 180 days.
Optimize Your Gilroy Tax Strategy Today
Schedule a 1-on-1 strategy session with Brandy Phuong, CPA to review your business entity, real estate portfolio, or tech equity and protect your wealth.
Schedule Your Gilroy CPA Strategy Session →