Tax Planning
Virtually all financial transactions have federal, state and/or local tax implications. Since our goal is to minimize all tax effects, we utilize a progressive, pro-active approach in the tax planning process. By carefully analyzing the facts and desired results, we can then apply the relevant tax laws to achieve the most optimal economic position. In this ever-changing tax and business climate, we are constantly aware of not only current tax laws, but also proposed tax rule changes. It is this attention to the latest tax changes and our creativity in its application that distinguishes us.
Tax Compliance
We are well versed in the preparation of all types of federal, state, and local tax returns. All of our returns are prepared in-house, combining computer technology with our tax expertise and experience. As such, we provide timely completion of the tax return. We strive to make the whole process as “painless” as possible.
Tax Controversy Resolution
Unfortunately, taxpayers sometimes get audited. Since this can often be an annoying event, we intercede on behalf of our client. By doing so, we can represent the client’s best interest in the most objective and fair manner possible. We deal with the IRS directly, and can often avert any unnecessary tax adjustment.
Estate Planning
As individuals accumulate wealth, they should take steps to preserve their estate and plans to ultimately transfer it in the manner they desire. We work closely with attorneys and financial planning professionals to ensure that the proper vehicles are in place to achieve the desired results, which includes saving a potential 55% estate tax. We can help to set up trusts and family limited partnerships, value the ownership interests in these entities, and prepare the annual tax returns necessary.