Preparation of Tax Returns
We will prepare your tax return as if it were our own return. We will guide you through a full range of tax planning and preparation decisions. Our experience can assist you in many areas including the following.
Optimizing opportunities in the tax laws to reduce your tax liability:
Home office deductions
Business auto expenses
Retirement plan contributions including SEP, 401k, and IRAs.
Optimal depreciation and expensing methods for business assets.
Foreign tax credits and exclusions
Tax credits, such as first-time homebuyer’s credit, energy credits, and child credits
Health Savings Accounts
Tax planning and reporting of real estate transactions:
1031 exchanges and reverse exchanges
Purchase and sale of rental property
Short sales, involuntary conversions, and foreclosures.
Refinance proceeds tracking for the allowable mortgage deduction
Application of excess mortgage interest rules
Other state tax credits
Property basis differences
Professional representation can be vital in dealing with federal and state tax agencies. We can assist when needed.
Respond to IRS and State tax notices
Assist with abating penalties and assessments
Installment Agreements and Offers in Compromise
Representation during an audit
Be proactive and take control of your tax situation. Plan ahead, rather than just hoping for a good outcome. We can help you with the following.
Better match your revenue and expenses
Timing of major sales and purchases
Retirement plan decisions
Debt and Refinance Consulting
We can help you in sorting out the different options available for debt management.
Help establish a relationship with the bank
Negotiate down the card balance
Retirement Plan Consulting
We can help you understand the various retirement plan alternatives and help you in your decision-making process.
Communicate effect of plan contributions
Maximize the contribution amount that is most favorable for you
Discuss plan combinations and catch-up provisions
Litigation Support and Forensic Accounting
We provide litigation support and forensic accounting services that can be employed in a wide range of situations including the following:
Business and marital dissolutions
Fraud and theft investigation