Irving Michael Gustilo, CPA

Irving Michael Gustilo, CPA Irving Michael Gustilo, CPA is a full service firm licensed in California and located in beautiful Monrovia, CA. Irving first became a CPA in New York in 1994.

We offer a full range of Tax, Accounting, Payroll and Management Consulting Services to small and mid-sized companies and individuals. Irving has over 20 years of strong background in tax, accounting and business planning. He is a graduate of Drexel University with a major in Business Administration and a concentration in Accounting. Irving started his career in public accounting in New York City as an Audit Intern at Eisner LLP in 1988. When Irving moved to Pasadena, California in 1996, Irving transferred his CPA license to California and worked in private accounting. He held positions in publicly-traded and privately-held companies such as the Controller of Forever 21®, Controller and Director of Financial Planning and Analysis of Coffee Bean & Tea Leaf®, Accounting Manager of Health Valley Foods® and Sr. Financial Analyst at Nestlé®. Also, in the past, Irving served as a Board Member and Treasurer of Resources for Infant Educarers. RIE is a non-profit world-wide membership organization, dedicated to improving the quality of infant care and education through teaching, supporting, and mentoring parents and caregivers.

"The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a his...
07/08/2026

"The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance."

IR-2026-83, July 8, 2026 — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance.

"It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth...
06/25/2026

"It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth track to next filing season."

Tax Tip 2026-52, June 25, 2026 — It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth track to next filing season.

"Before parents ship their kids off to summer camp, they should be aware of a potential tax benefit."
05/22/2026

"Before parents ship their kids off to summer camp, they should be aware of a potential tax benefit."

The credit isn’t limited to just day care centers and other traditional childcare services.

"The year is nearly half over which makes it a good time to remind homeowners and future homeowners to review their elig...
05/21/2026

"The year is nearly half over which makes it a good time to remind homeowners and future homeowners to review their eligibility for any tax deductions, programs and housing allowances. If eligible, these tax benefits could help with some of the common costs of being a homeowner."

Tax Tip 2026-42 May 21, 2026 — The year is nearly half over which makes it a good time to remind homeowners and future homeowners to review their eligibility for any tax deductions, programs and housing allowances.

"Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its valid...
05/14/2026

"Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its validity online, the Taxpayer Advocate Service (TAS) said."

Unfortunately, some of our clients that were not expecting refunds have received the CP53E notice which create confusion and concerns. Some of them do not have the ability to check their online account.

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.

"Seniors 65+ can claim a temporary federal deduction of up to $6,000 — $12,000 for couples — but only by filing new IRS ...
03/05/2026

"Seniors 65+ can claim a temporary federal deduction of up to $6,000 — $12,000 for couples — but only by filing new IRS Schedule 1‑A."

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. Here's what you need to know.

"If you were counting on a quick tax refund to pay for an upcoming renovation or family vacation, you may be disappointe...
02/19/2026

"If you were counting on a quick tax refund to pay for an upcoming renovation or family vacation, you may be disappointed. A Jan. 26 report from the Treasury Inspector General for Tax Administration, an independent watchdog, warns that the processing of some tax returns could be delayed due to IRS staffing shortages and backlogs."

IRS backlogs and fewer workers mean some refunds could take weeks longer this tax season.

"New laws enacted in 2025 may have a big impact on how much Social Security beneficiaries pay in taxes this season."
02/12/2026

"New laws enacted in 2025 may have a big impact on how much Social Security beneficiaries pay in taxes this season."

The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.

"Core tax systems remain operational during a shutdown, meaning Americans can still file their tax returns and receive r...
02/03/2026

"Core tax systems remain operational during a shutdown, meaning Americans can still file their tax returns and receive refunds, according to the Internal Revenue Service."

Core tax systems remain operational during a shutdown, meaning Americans can still file their tax returns and receive refunds, according to the Internal Revenue Service.

"The U.S. Department of the Treasury, in collaboration with the IRS and other federal agencies, is transitioning federal...
01/27/2026

"The U.S. Department of the Treasury, in collaboration with the IRS and other federal agencies, is transitioning federal payments to and from the government to electronic methods pursuant to Executive Order 14247, signed March 25, 2025."

IR-2026-13, Jan. 27, 2026 — The Internal Revenue Service today issued frequently asked questions to help taxpayers, businesses, and other stakeholders understand the changes under Executive Order 14247: Modernizing Payment To and From America’s Bank Account.

Address

140 E Walnut Avenue, Ste A
Monrovia, CA
91016

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm

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