Tax Planning

Tax Planning

Our goal is to analyze your tax situation and to minimize your tax liability. We analyze our clients’ situations and plan for the following:

  • Alternative Minimum Tax
  • Stock Option Planning
  • Section 1202 Stock (Small Business Stock Gains Exclusion on Sale of a Business Entity)
  • Tax Credits for Businesses and Individuals
    • Work Opportunity Tax Credits for Businesses
    • Employee Retention Credit (ERC) for Businesses
    • Tip Credits for Food and Beverage Establishments
    • New Markets Credit for Small Businesses
    • Credits for Increasing Research Activities for Small Businesses
    • Disabled Access Credits for Businesses
    • Electric Vehicle Credit
    • Credit for Small Employer Health Insurance Premiums
    • Among Other Credits
  • Analyzing and structuring the purchase of a new business to maximize depreciation expense
  • Most tax advantageous way to sell your business
  • Minimizing the taxability on the sale of a rental home and commercial property
  • Foreign Earned Income Exclusions
  • Analyzing Passive Activity Losses
  • Like Kind Exchanges
  • Compensation Planning for S Corps
  • LLC conversion to S Corp or Partnership
  • Income Deferral Strategies

The list above are just several of the tax planning strategies we implement for our clients. Our main priority is to understand your tax situation and apply tax saving strategies, to minimize your tax liability.

Tax Services

Our professionals have extensive experience in tax preparation and planning for S-Corps, Partnerships, LLCs, C-Corps, Estates, and Trust tax returns. We pride ourselves in understanding complex tax transactions and can implement tax strategies to minimize tax liability.

Business Advisory

Our firm will guide you through any challenge you face such as buying or selling a business, succession planning, understanding how the tax reform (TCJA) can benefit your business, converting your entity structure to a more favorable treatment, assisting in getting your business a loan, analyzing your current insurance policies, among various other advisory services.

Individual Advisory

Our professionals will assist in helping you reach your financials goals. We take a closer look at your current financial/retirement planning and analyze your options, while taking into account tax deductions. We consider the value of your estate and will be able to implement estate planning strategies so your wealth can transfer seamlessly to your family.

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