Creating customized solutions to minimize tax burdens
Businesses across the nation continually seek to take advantage of all possible incentives, credits, deductions and changes to federal and state tax law. These organizations have a goal in mind: minimize taxes while making sure that all reporting or compliance activities are properly executed.
Achieving this goal requires a thorough understanding of key tax-related issues and challenges that businesses will face this year, including:
Applying and maximizing the 20% qualified business income deduction (QBID/199A) for business owners
Helping noncorporate taxpayers determine if they are subject to excess business loss limitations
Dealing with the consequences and preparing new strategies for taxpayers that no longer have the option to carryback a net operating loss (NOL)
Planning and accounting for changes to fringe benefit deductions – entertainment and transportation benefits, moving expenses and achievement awards
Maximizing and complying with changes to depreciation and expensing for businesses
Determining eligibility for like-kind exchanges
Assessing the advantages of changing the type of entity structure and assisting with implementation
Determining if there are advantages to using more favorable methods of accounting
Evaluating the deductibility of business interest expense
BUSINESS TAX SOLUTIONS
As a businessperson with a lot on your plate, you need the right principal to help pinpoint tax issues and risks and create tailored solutions and strategies to minimize your tax burden. In addition to federal and state tax return consultation, planning and preparation, businesses look to us for guidance in these areas:
Choice of entity planning/analysis
Compensation & benefits analysis
Cost segregation studies
Qualified business income deduction (Section 199A) application
Federal and state credits and incentives
Federal, state, and local tax planning
IRS, state income and sales tax audit representation
Merger and acquisition services
Multi-state tax compliance and planning
Research and development tax credits
Sales and local taxation (SALT)
Tax accounting methods
Tax deferral planning
Transactional tax planning
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A TAX CLIENT’S PERSPECTIVE…
“My advisor always goes above and beyond for me. I have 100% trust in her. She’s always professional and gets my taxes done when she promises. She’s very, very knowledgeable.”
