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.