If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is unique in that it offers a full range of professional tax planning services that extend beyond the routine preparation of your annual tax returns. Because of our extensive background and more than 40 years experience as financial planners, we are able to provide advice in such areas of your financial life – such as our clients’ investments, their retirement goals, their college education funding goals, and their estate and multi-generational wealth accumulation goals – that directly impact on their present and future income taxes.
What sets us apart from other tax professionals is that we thoroughly and conscientiously evaluate your personal financial condition and explore all of the options available to you. We use a multi-dimensional, two-way, strategy that is both tailored to each of our clients’ needs, as well as assesses how income taxes affect a client’s financial goals and how their financial goals affect their income taxes.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Consulting
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Buying or Selling a Business
Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide support at every step, including valuing the business, vetting potential buyers, and supporting due diligence. If a buying opportunity presents itself, we can help by providing valuation services, developing negotiation and financing strategies, and managing the due diligence process.
College Education Funding/Special Goals Planning
We guide you with funding life’s major events, such as saving for your children’s college, or buying a new home, or saving for a wedding. This process begins with thoroughly evaluating your goals’ costs today, your investor profile, and any assets you have earmarked to fund your goal. Next, we agree upon assumptions about inflation and rates of return. Following that, we determine the amounts you need to set aside on a monthly/annual basis to fund your goal under various alternative scenarios, and we recommend alternative tax-advantaged and taxable and tax-advantaged (if any) vehicles based on your risk tolerance and investing time horizon.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. We can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. We are available to handle all estate and trust tax-related matters.
Financial Analysis
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We are ready to provide this type of financial analysis to support the continued prosperity of your business.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
Investment Planning
Investment planning is intended to determine whether your current investments are optimally balanced for asset allocation and diversified by sector, industry, geography, market capitalization and risk/volatility that is appropriate for you. We begin by taking an inventory of your current investments, followed by an assessment of your qualitative and quantitative investor profile, including your risk tolerance, and your investment philosophy, goals, time horizon, tax consequences, and other parameters for investment constraints. Next, we develop a customized investment plan that’s tailored to you and is optimally balanced and diversified to produce the highest possible returns with the least amount of financial risks, based upon your investor profile. We are also available to assist you with implementing your investment plan.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.
Risk Management/Insurance Planning
Most people make the mistake of under-estimating their insurance needs or purchasing too much coverage based on what “feels right” for them. Risk management planning assesses whether your present automobile, homeowner, liability, health, disability income, and life insurance coverage are adequate, excessive, or inadequate to avoid needlessly overpaying your premiums, or exposing your family and long-range financial plans to undue risks or disruption. This assessment begins with an in-depth review of your current policies, followed by a quantitative analysis of your specific needs for each type of insurance coverage, and specific recommendations if any changes of your coverage should be made based on your current financial condition.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.