Tax planning

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We consider tax planning to be the most important section of our tax service. If the proper analysis and research are performed before a transaction or event occurs, the company or individual is in a better position to minimize its tax liability and prepare for potential tax consequences or benefits. This is essential to a company achieving and maximizing its overall after tax profits, as well as an individual accumulating and protecting his or her wealth. We take a personalized approach to tax planning, answering your day-to-day questions and making the extra effort to understand your business and personal financial objectives. With decades of expertise, we can efficiently invest the time and resources to evaluate your needs and identify the correct strategies to build, preserve and maximize wealth while minimizing taxes. Our breadth of knowledge and expertise for tax planning is deep; the following is only a sample of the tax planning services we provide:

• We specialize in servicing closely held small businesses and their owners, with special emphasis on strategy and structure. We work with closely held business owners to develop business succession plans that are integrated with personal, financial and estate planning goals
• Evaluating and selecting the most appropriate and tax-advantageous legal structure for your business. This includes tax analysis of operating as an
  • S Corporation
  • C Corporation
  • Partnership
  • Limited Liability Company
  • Limited Liability Partnership
• Reducing the stress of tax preparation
  • Sending tax organizers to our clients each January detailing each item necessary for the completion of their tax returns. This ensures accuracy, limits miscommunication, and decreases the cost to our clients.
  • Using tax projections to estimate clients' liabilities before they are due.
  • Offering customized tax calendars including tax due dates.
• Identifying and researching tax credits that you or your business can use to reduce your tax burden.
• Reviewing proposed and final tax related legislation, advising you of its potential effects and providing solutions that optimize the situation to your benefit.
• Planning strategies to minimize federal, state and local taxes
• Transaction planning, including reviewing the tax aspects of a proposed transaction and making recommendations on structuring for tax advantages
• Tax planning for mergers, acquisitions and divestitures
• Corporate compensation and retirement planning
• Estate tax planning
• Multi-state tax strategies
• Tax accounting method analysis
• Alternative minimum tax planning
• Education expense planning
• Passive activity issues
• Investment planning
• Retirement planning

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