Tax Planning and Compliance
While most accounting firms prepare tax returns, the most valuable aspect of tax services is tax reduction or mitigation. It requires a thorough understanding of the tax law, thinking outside the box, and staying up to date on leading tax planning techniques. We pride ourselves in the ability to reduce your taxes whether individual, trust/estate or any type of for-profit or not-for-profit business. Our proactive approach has helped clients keep more of their hard earned income and enhance their wealth. In this regard, we can help our clients select the appropriate business entity: C corporations, S corporations, limited partnerships, and LLCs all have their unique tax advantages. We also perform year-end tax planning for every client, including the preparation of a tax projection when appropriate.
We have extensive experience in preparing many types of tax returns including state tax returns for all 50 states. We are well versed in important tax elections, selection of appropriate accounting methods, and dealing with the required disclosure of aggressive positions and “listed” transactions. By carefully preparing your tax return, we reduce the likelihood of a governmental audit.
Our specific tax services include the following areas:
- Audit representation and tax resolution
- Tax deferred exchanges
- Retirement plans
- Divorce and support issues
- Research and development tax credits*
- Cost segregation studies*
*With assistance of outside consultants