Proactive Tax Solutions

Proactive Tax Solutions

Strategic Tax Planning

Strategic Tax Planning

Aligning Your Business Strategy with Your Tax Opportunities For a Cohesive Roadmap to Success

Today’s business climate demands a comprehensive tax management solution. Part of that solution includes working with tax professionals who apply a proactive perspective to your income tax obligations. The income tax code is a dynamic and evolving set of rules whose application change over time based on court cases, new regulations, indexing to inflation, and the impacts of imbedded sunset provisions or expiration of temporary incentives. This requires a tax professional who does more than fill in the boxes, but works with you throughout the year to understand your business challenges and open the doors to both business and tax opportunities.

If you only see your tax advisor once a year after it’s too late to impact your return, then we would like to invite you to have a discussion regarding our proactive tax management services. Depending on the complexity of your income taxes we like to have two to four conversations with you each year. While we don’t believe that any single action should be taken because of tax incentives we do advocate that you should understand the tax implications of any significant economic event. Looking at these events during the year allows us to provide you with the guidance that will result in the best balance between your economic goals and limiting your tax liability at year end.

Our philosophy and approach is noticeably different from what is currently practiced at many tax preparation shops and CPA firms. Through our application of this approach to managing your taxes like any other complex and significant financial transaction we are able to align your strategic actions with tax opportunities and incentives that can help you reach your goals sooner without ugly surprises at year end.

Please contact us today to discuss your income tax strategy and see if our approach can help you reach your goals faster.

Timely Tax Preparation and Compliance

Timely Tax Preparation and Compliance

When Communication is Routine with your CPA There Are No Surprises At Tax Time

Its’ happened to us all at some point – we utter the words “how do I owe that much!” Then the questions and doubts begin to rise in your mind because something just does not feel right. What is not right is that you were surprised. While your tax return was prepared by the filing deadline, the conversations about your return should have been occurring throughout the year. Your tax return is not the end of the income tax process, not the beginning. So why were you surprised? Because no one told you what was coming!

Our approach to income tax preparation and compliance is noticeably different from other tax preparation services and most CPA firms. We are open all year long, and we want you to call us when you have a question or new development in your life during the year. Communication with you is the only way we can stay apprised of developments in your situation and give you advance warning that you may have a tax liability issue. When we are aware of issues during the tax year we can work with you to mitigate the tax liability or put a plan in place to pay additional tax liability. You may also have events that occur where we could advise you to reduce withholdings or quarterly tax estimates that allow for additional cash flow in your budget.

Finally, we always want to make sure that your return is prepared with care and the necessary due diligence to pass the scrutiny of an IRS or State Tax examination. We balance the need to prepare your return quickly to get any refund for you with the requirement to prepare a complete and accurate return. When you receive your completed tax return you should find no surprises. We will speak with you regarding any issues and have a plan in place to address them. The signing and filing of your return is a routine process when the appropriate care and diligence is exercised on the front end.

Please contact us today to discuss your income tax preparation and compliance needs. We look forward to showing you how a different approach results in a low-stress and better experience.

Tax Dispute Mitigation Services

Tax Dispute Mitigation Services

Experts Who Have Fought the IRS and Won Can Bring the IRS Down to Size

It happens to us all at some point – we open the mailbox and there is a white and black envelope from the IRS. At that moment a flurry of questions run through your head:

  • Am I going to be audited? Do I have all my receipts?
  • What did I do wrong?
  • Did they assess me additional tax? I don’t have the money for that!
  • I’m not an accountant – how am I going to get through this?

Sometimes this correspondence is simply a notice issued because the IRS received different information than you reported on your return. Other times it is a complete audit of your income tax return. Regardless, even if you did nothing wrong, this can be a very stressful experience for most taxpayers.

When you are sick, you go to the doctor because they have the knowledge and experience to make you better without the emotional connection to the situation. We do the same thing for our clients when they receive that black and white envelope from the IRS. This is our job – we don’t get emotionally invested and we know what to expect when speaking with the IRS. When the IRS starts speaking in code sections and asserting that additional tax is due. We are fully prepared to advocate for your positions and cite code, court cases and rulings back to the agent and argue for your position.

Our professionals have taken matters past the examination phase and up to the appeals division in order to prevail for our clients. However, we continually counsel you on the risk management aspects of your case, and when it may be more cost effective for you to pay the assessment and move on we will advise you to do so. We view our role as your advisor to minimize your losses as a result of a tax dispute and to advocate strongly for your position.

Contact us today if you have received a notice from the IRS, State or Local Tax Authority and see how we can help you resolve this quickly and cost effectively.