Individual

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

• Charitable contributions

Tax planning and reporting of real estate transactions:

• 1031 exchanges and reverse exchanges

• Installment sales

• 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

Multi-state returns:

• Determining nexus

• Other state tax credits

• Property basis differences

• Residency determination

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IRS Representation 

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

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Tax Projections

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

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Debt and Refinance Consulting

We can help you in sorting out the different options available for debt management.

• New financing

• Refinancing

• Help establish a relationship with the bank

• Negotiate down the card balance

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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

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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:

• Commercial litigation

• Financial investigations

• Business valuations

• Business and marital dissolutions

• Bankruptcies

• Fraud and theft investigation