We advise clients on how various aspects of individual circumstances of their lives affect their tax returns and how it has an impact on the ultimate tax liability or tax refund. What they should do before-hand in terms of tax planning by consulting with our tax advisor so that they can minimize their taxes or maximize their refund. The following services help clients navigate the ever-changing landscape of tax regulations and ensure compliance while minimizing tax liabilities.
Individual Income Tax Planning:
Advising individuals on strategies to minimize personal income tax liabilities.
Providing guidance on deductions, credits, and exemptions available to individuals.
Business Tax Planning:
Assisting businesses in optimizing their tax structure to minimize corporate income tax.
Advising on tax implications of business transactions and decisions.
Entity Selection and Structure:
Helping businesses choose the most tax-efficient legal structure (e.g., sole proprietorship, partnership, LLC, S corporation, C corporation).
Advising on the conversion of business entities for tax purposes.
Tax Compliance Services:
Preparing and filing federal, state, and local tax returns for individuals and businesses.
Ensuring compliance with changing tax laws and regulations.
Tax Credits and Incentives:
Identifying and maximizing the use of available tax credits and incentives.
Researching and applying for credits related to research and development, energy efficiency, and other specific activities.
Tax Controversy and Representation:
Representing clients in tax audits and disputes with tax authorities.
Negotiating settlements and resolutions with tax agencies.
Tax Education and Training:
Providing educational workshops and training sessions on tax-related topics for businesses and individuals.
Tax Projections and Forecasting:
Conducting financial analysis to project future tax liabilities.
Offering strategic advice based on anticipated changes in income or business structure.