Taxes!!  The subject everybody loves to hate—especially when they turn out to be a nasty surprise.  Have you ever wished that somebody had warned you about a big tax bite headed your way so that you could have been prepared for it?  That’s what we do—give you that early warning signal that can soften the blow (or sometimes give you reason to celebrate when the news is good).

We believe that tax preparation is a by-product of everything else we do for our clients.  The first step in tax preparation is tax planning.  Our style is to monitor how you’re doing, either by reviewing interim financial results, or advising you on the tax consequences of a proposed transaction.  By being involved up-front, we can bring our expertise in various tax planning strategies to bear before the die is cast.  We can help you make tax-smart decisions in areas such as:

• Income deferral techniques,
  
  

• Tax-advantaged compensation plans,
  
  

• Like kind exchanges of property,
  
  

• Advantageous allocations of sales and purchase prices,
  
  

• Choosing the right assets to keep or sell,
  
  

• Special tax breaks related to natural resources,
  
  

• Taking advantage of losses to offset other income,
  
  

• Maximizing retirement plan contributions,
  
  

• Determining the best way to buy or sell a business, and
  
  

• Choosing and utilizing the right separate entities that offer the best tax advantages.

By choosing the right strategies and implementing them timely, you can achieve the best tax result and know what it is well before the piper must be paid.  As a result, the actual preparation of your tax return follows along easily.

As you would expect, we use sophisticated “high-end” tax software to prepare our clients’ tax returns.  In addition to individual returns, including preparing returns for any state, we have extensive experience with all kinds of business returns—partnerships, corporations, and trusts.  Tax returns for estates—taxation of estates at death and taxation of estate income during administration—is one of our specialties.  Non-profit returns are another specialty.  We are very experienced in tax research and know how to find the best right answer to any tax question.

Check with us to see how we can help you achieve your tax goals.