Preparing a tax return is a bit like doing an autopsy; after year end, it’s too late to do much to change the outcome.  It’s before year end when we have the opportunity to plan and help you make decisions for optimal tax effect.

We meet with clients at least twice a year to discuss tax issues and develop tax strategies to get better results.  We consult on how specific purchases, sales, contracts or other transactions are structured with tax impacts in mind.  We also work in partnership with attorneys to develop estate plans, and with financial advisors on investment strategies and decisions including Roth IRA conversions, retirement planning, education funding and planned charitable giving.

We prepare tax returns and do tax planning for all types of businesses: sole proprietors, partnerships, S Corporations, C Corporations and LLCs, as well as individuals and trusts.  And of course, when needed, we work to resolve tax notices and represent clients in IRS audits.

For business owners, providing for business continuity and succession of ownership is essential. There are even tools available that might help you get tax deductions for “giving away” assets now, while continuing to enjoy the income from them during your lifetime.

Effective estate and gift planning can help:

• Reduce estate taxes and probate costs, leaving more for your loved ones
• Ensure your accumulated wealth will really go where you want, be that to people or causes
• Provide greater privacy (probate filings are open public records)
• Allow your business to go on providing income for your family when you are gone
• Prevent feuds that can tear families apart
• Reduce or eliminate the stress and burden of critical decision-making by your family at the time they are least ready emotionally to face it

If you’re looking for more from your tax advisor than “here’s your tax return, see you next year,” contact us to explore if we’re the right fit for you.