How LLC Owners Save on Taxes in 2026

Tax Preparation Services in Hawaii

Hawaii’s most comprehensive tax preparation services for military families, tourism employees, contractors, farmers, federal workers, real estate investors, remote professionals, retirees, and small business owners — serving Honolulu, Hilo, Kailua-Kona, and Kahului.

WHY HAWAII RESIDENTS NEED SPECIALIZED TAX PREPARATION

Hawaii’s tax environment is one of the most unique in the country.

Not only does Hawaii have complex state income taxes, it also has:

✔ General Excise Tax (GE tax)
✔ Heavy reliance on STR/Airbnb rentals
✔ Tourism-driven seasonal income
✔ Federal + military income intersections
✔ Remote workers employed by mainland companies
✔ Agriculture, farming & market income
✔ Multi-income households
✔ Significant capital gains from real estate
✔ High cost of living + high adjusted incomes
✔ Multi-W-2 and mixed contractor/wage scenarios

Most Hawaii taxpayers have multiple income streams — and many preparers on the mainland do not understand Hawaii’s GE tax, rental rules, or depreciation requirements.

Not only does Hawaii have complex state income taxes, it also has:

✔ General Excise Tax (GE tax)
✔ Heavy reliance on STR/Airbnb rentals
✔ Tourism-driven seasonal income
✔ Federal + military income intersections
✔ Remote workers employed by mainland companies
✔ Agriculture, farming & market income
✔ Multi-income households
✔ Significant capital gains from real estate
✔ High cost of living + high adjusted incomes
✔ Multi-W-2 and mixed contractor/wage scenarios

WHY HAWAII RESIDENTS NEED SPECIALIZED TAX PREPARATION

This is not a simple tax environment — it requires a Hawaii-specific approach.

THE HAWAII TAX LANDSCAPE

Hawaii’s economy touches nearly every industry:

● Military
● Tourism & hospitality
● Healthcare
● Federal agencies
● Agriculture & farming
● Construction & trades
● Real estate & STRs
● Transportation & aviation
● Remote tech/finance employment
● Retail & service sector
● Small business & solo entrepreneurs

Your Hawaii tax situation depends on:

  1. Whether you are active-duty military or federal civilian
  2. Whether you pay GE tax (half of Hawaii residents should be filing it)
  3. Whether you own STR or LTR rental property
  4. Whether your employer is out-of-state (very common)
  5. Whether you earn tourism-season income
  6. Whether you have agricultural or market-based earnings
  7. Whether you sold land or a home
  8. Whether you have contractor income
  9. Whether your income fluctuates by season
  10. Whether you have K-1 or investment income

Hawaii taxpayers MUST file strategically — otherwise they leave massive money on the table.

MILITARY & FEDERAL EMPLOYEE TAXATION

Hawaii has a huge population of:

  • Active-duty military
  • Federal civilian employees
  • DoD contractors
  • Veterans & retirees

Key tax issues include:

  • PCS & residency rules
  • BAH/BAS considerations
  • TDY travel deductions
  • Combat zone rules (if applicable)
  • Federal retirement & pension planning
  • Multi-state income issues from past assignments

We specialize in military + federal returns and multi-year corrections.

TOURISM, HOSPITALITY & SEASONAL INCOME

Hawaii’s #1 industry creates complex tax situations:

  • Multi-W-2 workers
  • Tip income
  • Shift differential
  • Seasonal patterns
  • High turnover
  • Employers with payroll errors

We correct:

  • Multi-job reconciliation
  • Tip reporting
  • Per diem classifications
  • Tourism-season income strategy

GE TAX (GENERAL EXCISE TAX) — HAWAII’S BIGGEST TAX TRAP

GE tax applies to:

  • Contractors
  • Freelancers
  • Small businesses
  • Airbnb hosts
  • Side hustles
  • Retail/service providers

Most preparers outside Hawaii do GE tax wrong or not at all.
We fix this instantly — and prevent IRS/State of Hawaii penalties.

REAL ESTATE INVESTORS & STR/LTR OWNERS

Hawaii has an extremely active rental market:

  • STR (Airbnb)
  • LTR (long-term rentals)
  • Condos
  • Ohanas
  • ADUs
  • Multi-family properties

We handle:

  • Depreciation schedules
  • STR vs LTR compliance
  • Passive income rules
  • Airbnb host GE tax
  • 1031 exchange timing
  • Multi-property tax modeling

Missed depreciation = the #1 Hawaii tax mistake.

REMOTE WORKERS & OUT-OF-STATE EMPLOYERS

Hawaii residents commonly work remotely for companies in:

  • California 
  • Washington 
  • Oregon 
  • New York 
  • Texas 
  • Massachusetts 

Problems:

  • Wrong state withholding 
  • Stock compensation taxed incorrectly 
  • Multi-state payroll errors 

We correct ALL remote-worker issues.

INDIVIDUAL TAX PREPARATION IN HAWAII

We support:

● Military & federal employees
● Tourism workers
● Contractors & trades
● Agriculture workers
● Real estate investors
● Remote employees
● Educators & university staff
● High-income families
● K-1 investors
● Retirees

Services include:

  • Federal + Hawaii filing
  • GE tax compliance
  • STR/LTR depreciation
  • Stock compensation reporting
  • Capital gains optimization
  • IRS notices & amendments
  • Estimated taxes
  • MERNA™ long-term planning
INDIVIDUAL TAX PREPARATION IN HAWAII

BUSINESS TAX PREPARATION IN HAWAII

We support:

● Contractors
● Tourism & service businesses
● Real estate LLCs
● Restaurants & retail
● Agriculture & farmers
● Professional service firms
● E-commerce companies
● Multi-LLC entrepreneurs

Services include:

  • S-Corp, LLC, C-Corp & partnership returns 
  • GE tax filing 
  • Bookkeeping cleanup 
  • Payroll setup & compliance 
  • Depreciation schedules 
  • Quarterly forecasting 
  • Multi-state reporting 
  • MERNA™ entity optimization

 

BUSINESS TAX PREPARATION IN HAWAII

MERNA™ STRATEGY FOR HAWAII RESIDENTS

M — Maximize Deductions
Contractor, rental, tourism, GE tax, military.

E — Entity Optimization
LLC/S-Corp strategies for contractors & investors.

R — Real Estate Leverage
STR/LTR depreciation + Airbnb optimization.

N — Navigate IRS Code
Multi-income, stock comp, retirement, capital gains.

A — Advanced Plan
A 10-year Hawaii + federal tax roadmap.

MERNA™ STRATEGY FOR HAWAII RESIDENTS

FIND A HAWAII TAX PREPARER

Tax Professional Directory

Interactive directory embed coming soon
This section will feature a searchable, filterable directory of certified tax professionals in your area, complete with credentials, specialties, and booking capabilities.

CITIES WE SERVE IN HAWAII

Honolulu

Hilo

Kailua-Kona

Kahului

POPULAR HAWAII TAX MARKETS

Honolulu

Hawaii

Hilo

Hawaii

Kailua-Kona

Hawaii

Kahului

Hawaii

Model Your Taxes by State- Before You File

Use our state-specific 2026 tax calculators to estimate what you may owe and uncover potential savings based on your income, business structure, and location. Built for business owners, self-employed professionals, and investors who want clarity-not guesswork.

LLC vs S-Corp Tax Calculator

Compare the tax savings of an LLC vs S-Corp based on your income and state taxes.

Self-Employment tax Calculator

Estimate your 2026 self-employment tax liability based on state-specific rules.

Small Business Tax Calculator

Calculate your 2026 federal business tax liability considering your state’s deductions.

FAQ — TAX PREPARATION IN HAWAII

Do Hawaii residents need GE tax?

Most contractors and Airbnb hosts do — yes.

Do rental investors need depreciation?

Absolutely — STR/LTR depreciation is essential.

Do remote workers need payroll correction?

Yes — mainland employers often mis-withhold.

Do military families need special planning?

Yes — PCS, residency & per diem rules must be applied

Do high-income families need MERNA™?

Yes — especially with Hawaii’s high cost of living

Ready to Optimize Your Hawaii Taxes?

Work with a strategist who understands GE tax, rentals, tourism income, federal/military rules, agriculture, and remote-worker payroll issues.