Bespoke CPA Advisory for Burlingame’s Commercial & Executive Profile
Known as the “City of Trees,” Burlingame occupies a premier location on the San Mateo County Peninsula, combining thriving downtown commercial corridors along Burlingame Avenue and Broadway with major biotech firms, airport-adjacent logistics, and corporate offices. Managing a high-revenue local business alongside executive equity compensation and Peninsula real estate investments demands a proactive tax plan.
From converting sole proprietorships and LLCs via our LLC to S-Corp tax conversion hub and deploying the California AB 150 PTE tax election to overriding brokerage $0 basis reporting errors on Form 1099-B, we help Burlingame taxpayers preserve their wealth. We serve founders, medical practice owners, and tech directors across Burlingame, San Mateo, Foster City, and San Francisco using targeted RSU cost basis adjustments, ISO AMT tax modeling, and ESPP disposition strategies.
The Burlingame Executive Equity & Property Reinvestment Strategy
- The Event: A Burlingame corporate leader or medical practice owner realizes $300,000 in equity/consulting profit alongside $250,000 in W-2 compensation.
- The Tax Threat: Pushed into top federal 35%–37% brackets and California’s 11.3%+ marginal rate, faced with brokerage $0 basis reporting on Form 1099-B and the $10,000 SALT cap.
- Moontree CPA Fix: We file IRS Form 8949 (Code B/O) to adjust the cost basis to fair market value at vest (saving ~$60,000+ in phantom capital gains taxes) and execute the CA AB 150 PTE election for the entity.
- The Real Estate Shelter: We pair active corporate earnings with an engineering-based cost segregation study on Peninsula rental property to generate substantial paper tax write-offs.
Full-Service CPA Tax Solutions for Burlingame
Comprehensive executive equity strategy, corporate compliance, and real estate wealth management.
Executive Tech Equity & ISO AMT
We manage complex high-income 1040 returns for Burlingame executives, overriding brokerage 1099-B $0 basis errors, calculating ISO AMT cross-over points, and optimizing ESPP dispositions during individual tax preparation.
Small Business & S-Corp Advisory
For Burlingame retailers, medical groups, and commercial enterprises, we manage corporate tax filings (1120-S, 1065), optimize officer compensation, and deploy California AB 150 PTE elections.
Real Estate Rental & REPS Strategy
Investing in Peninsula real estate? We pair residential and commercial property acquisitions with Real Estate Professional Status (REPS) and engineering cost segregation studies.
Property Transfers & 1031 Exchanges
Transferring family property? We coordinate California Prop 19 reassessment exemptions and structure tax-deferred 1031 property exchanges for Burlingame property owners.
Serving Burlingame, Peninsula & 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 Burlingame Taxpayers
How is the City of Burlingame Business License Tax calculated for local businesses and consultants?
Under City of Burlingame Municipal Code Title 6, any business, S-Corporation, 1099 contractor, or home office operating within city limits must hold an active Business License. The tax is renewed annually and is generally calculated based on prior-year gross receipts generated within city limits or total local employee headcount.
How can Burlingame S-Corporation and LLC owners bypass the federal $10,000 SALT cap?
By electing into California’s Pass-Through Entity (PTE) tax workaround under AB 150, eligible Burlingame S-Corporation and partnership owners pay an elective 9.3% state tax directly at the business entity level. This transforms state tax payments into an above-the-line federal business deduction, completely bypassing the personal $10,000 SALT limit.
Why do stock brokerages report $0 cost basis on equity sales for Burlingame tech employees?
Federal tax rules prohibit custodians from automatically adjusting cost basis on Form 1099-B for non-statutory equity awards. Brokerages report gross sale proceeds and leave basis blank or at $0. We pull your Supplemental Statements to manually adjust your cost basis to fair market value at vest on IRS Form 8949 to prevent double taxation on W-2 equity.
Optimize Your Burlingame Tax Strategy Today
Schedule a 1-on-1 strategy session with Brandy Phuong, CPA to review your business entity, executive tech equity, or real estate portfolio and protect your wealth.
Schedule Your Burlingame CPA Strategy Session →