Tax Planning and Preparation

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Assisting clients with tax preparation and compliance issues is an integral part of the services provided by our highly trained professionals. More importantly, we focus on tax planning and implementation of strategies, with the objectives of minimizing taxes, eliminating penalties, avoiding “surprises”, and servicing our clients’ individual and unique needs.

We know that every financial transaction has an associated tax cost and impacts the bottom line, which is why we evaluate every possibility in assessing tax positions and employ the most favorable option when there is a choice, while maintaining accuracy and compliance with the tax laws and minimizing risks. 

Use of modern technology and an expansive tax library keep us on top of continually changing tax laws and current audit issues, which we proactively incorporate into preparation of our clients’ returns. 

With proper planning, we can tackle complicated issues upfront and timely inform our clients of their tax liabilities so they fully understand their cash flow requirements, which helps them achieve their financial goals and provides peace of mind.

Specialized Areas of Services  

Our team of professionals has the diverse expertise to evaluate the tax consequences associated with complex issues in all areas of the tax law. Just some of the areas we can assist include:

Real estate lease, sale, foreclosure and exchange transactions

Structuring legal settlements

Estate and gift planning 

IRA conversions and RMDs

Relocation and out of state activities 

Penalty abatement and appeals

International reporting requirements

Filing delinquent returns 

Debt restructuring and forgiveness

Involuntary conversions 

Loss carryback claims

Business transactions:

• Choice of entity type 
• Business acquisitions and sales
• Selection of appropriate accounting methods 
• Employ benefit and accountable reimbursement plans
• Executive compensation and dividends
• Mergers and acquisitions
• Succession planning 
• Cost segregation studies
• Inventory methods and capitalization policies
• Sales, use, franchise, payroll and personal property tax compliance
• Unclaimed property reporting