Tax Services

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key planning opportunities that minimize both your current and future tax liabilities. Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. 

Individuals – Form 1040 Whether you’re a wage earner, an investor, a business owner, or all three, you should use the tax-cutting benefits available in the tax law. We know what to look for when your return is being prepared and more importantly, you will have someone to answer your question during the rest of the year. With clients all over the country we prepare a lot of different state returns. We also file most returns electronically. 

Partnerships – Form 1065 A partnership is an association of two or more personas to carry on as co-owners of a business for profit. As a popular entity selection in the current business environment we find us preparing more and more 1065 returns. 

Corporations – Form 1120 or 1120S We work with you to develop a tax strategy that supports your business objectives. Tax issues must be considered as an integral part of the forward planning for your business. We will assist you in developing a tax structure that is innovative and effective in preserving value. 

Estates, Trusts and Gifts– Form 1041, 706, 709 Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. 

Exempt Organizations – Form 990 or 990-T With the exception of churches and certain religious organizations, tax exempt organizations that have annual gross receipts in excess of $25,000 are required to file the annual information return. Even though an organization is recognized as tax exempt, it still may be liable for tax on its unrelated business income and in case they have employees they will be responsible for withholding federal income tax, FICA, FUTA on wage payments. 

Retirement Plans – Form 5500 Today’s retirement plans provide significant flexibility and control to employers. Employers may decide how to fund their plan, as well as what employees are eligible to participate in their plan. Whether your business have a 401(k), Money Purchase Pension Plan, Profit Sharing Plan or you are a educational institution/tax-exempt organization with a 403(b) plan we can assist you in the preparation of Form 5500. 

Tax Planning Tax planning and preparation form a winning combination for our successful individual and business clients. We can develop tax strategies that take advantage of new tax laws and legislation. 

IRS Examinations An audit usually begins with a letter from the IRS stating that your return has been selected for an examination. We will represent you in disputes you have with the IRS whether it is conducted by mail or and interview.  

Accounting Services

Meaningful, well-organized financial records ensure your business operations will run more efficiently on a daily basis and are the foundation of a successful business. 

Reviews & Compilations We can assist you in the preparation of your financial statements in accordance with professional standards. Whether required by a bank, bonding company, or vendor/supplier, the financial statements produced can be a useful tool for management for making financial decisions. 

Business Entity Selection Choosing the form of entity for your business is a crucial decision that can have longstanding tax implications – positive or negative. We can assist you in evaluating the pros and cons whether it is a corporation, “S” corporation, partnership, LLC or simply a sole proprietor. 

Outside Controllership/Accounting Assistance In today’s fast paced business environment, many companies find that they don’t have the resources or work load to justify a full time controller or their current controller/accounting manager has left their business.  We can assist by stepping into your business on a part-time basis to fulfill your accounting needs. 

Bookkeeping If you cannot justify the cost of a full-time bookkeeping function, or do not want the responsibility of hiring, training and retaining your own accounting staff we will offer anything from specific bookkeeping needs to a complete service. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and the foundation of a successful business.