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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 that distinguishes us.
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, using the most current and advanced computer technology available.
As such, we provide a faster and more timely completion of the tax
return. We strive to make the whole process as "painless" as possible
and our clients greatly appreciate this. We take the necessary steps
to "audit proof" the tax return as much as possible.
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. With us dealing with
the IRS directly, we can often times avert any unnecessary tax adjustment.
As individuals accumulate wealth they should take
steps to preserve their estate and plan 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.
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