Business Tax Preparation and Planning

We obsess about tax reduction, so you don’t have to.

Business Tax Preparation

The small business owners using a tax specialist typically receive a lower the final tax bill. Important concepts that could contribute to your overall tax reduction are, proper business classification, end of year purchase decisions, control your tax due date with extensions, negotiate a monthly payment and taking full advantage of applicable tax deductions.

We think that seeing your tax preparer once a year is enough? We get to know our clients through personalized consultations and thoughtful tax planning that minimizes tax exposure and eliminates surprises.

Our thorough understanding of small business issues means your taxes will always be prepared accurately and timely.
We guarantee prompt delivery of completed tax forms, so you won’t worry about meeting tax deadlines.We would like to invite to schedule an initial discussion where we will discuss out tax preparation process and receive a quote range based upon the expected work

 Business Tax Planning

There are countless tax planning strategies available to business owners. Some are aimed at the owner’s individual tax burden, and some at the business level itself. But regardless of how simple or how complex a tax strategy, it will be based on strategies to accomplish one or more of these often overlapping goals:

• Reducing the amount of taxable income
• Lowering your tax rate  
• Controlling the time when the tax must be paid
• Avoiding the most common tax planning mistakes
• Claiming any available tax credits and incentives including;

Below are just some of the strategies that we utilize;

1. Cost Segregation Studies

2. Tangible Property Review

3. Research and Development Tax Credits

4. Section 199A Qualified Business Income Deductions

5. Section 179D (Currently not renewed)

6. Property Tax Reduction and Mitigation

7. Work Opportunity Tax Credit

8. Startup Company Tax Credits – The PATH Act of 2015

9. Sales Tax Review

10. Section 460 Studies for Contractors

11. Local economic development programs offering tax credits, rebates and other incentives

12. Sale or Gift and Leaseback Options

13. Repair Vs. Capitalization Analysis

14. Qualified Small Employer HRA

15. Education Assistance Plan

16. Section 179 Expensing

17. Cross Tested Plans

18. Defined Benefit Plan

19. Non-Qualified Deferred Compensation

20. Business Expense Savings

21. Business Entity Structuring/Planning
    
    
22. Business Succession Planning