Tax Preparation

The tax code is voluminous, complex and constantly changing each tax season. In the current environment, a simple tax return can be confusing to understand. Each year deductions and credits are added, removed, or adjusted leaving the average taxpayer perplexed. Computer software is available but cannot replace an experienced tax professional.

We offer corporate, partnership, an individual tax preparation services. Below are some advantages of utilizing a tax professional:

  • Your tax return will be prepared and reviewed by an experienced professional using a sophisticated tax software. The review process helps to identify issues that could signal IRS inquiry.
  • Your tax return will be filed electronically
  • Copies of tax returns are available in secure PDF format
  • Updated payroll withholdings and/or estimated payments will be provided based on prior year’s tax liability

New Business Accounting Records

We encounter many new businesses that did not maintain formal books during the first year. That is not an issue, we can help compile the information to prepare the tax return. There are many key issues to address when filing the first business tax return.

Tax Planning

Tax planning is the key to minimizing your tax liability and reducing surprises during tax season. We utilize pro-active tax planning throughout the year to identify issues or opportunities that can impact your tax liability. Each year we stay current on tax law changes utilizing continuing professional education, including tax seminars. Additionally, we subscribe to an extensive tax research library.

We analyze your situation and provide tax strategies that are beneficial. A few strategies are listed below:

  • Income or expense planning to fall within the most beneficial year
  • Utilizing qualified retirement plans such as pension plans, SEP IRA, and 401Ks
  • Structuring asset purchases to maximize bonus and section 179 depreciation
  • Small business tax credits

One size does not fit all

Remember, tax planning is unique to each individual and not all strategies work for everyone. Let us evaluate your tax situation and make recommendations.
If you’d like to receive more information about our Tax Planning Service, please contact us.