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Tax Preparation

Individual tax preparation

Thorough and accurate tax service either in person or 100% digital. Our preparers are located in one of our three locations, but you do not have to be when you utilize our fully digital process. We understand the complexities of filing taxes and offer expert guidance tailored to your unique financial situation. From organizing income and expense records to calculating quarterly estimates and recalculating 4th quarter figures, we ensure meticulous attention to detail for a stress-free tax season experience.

  • Sole proprietors
  • Freelancers
  • Contractors
  • Single member LLCs

We also offer our clients CFO advisory to help you reach your organizational goals.

Corporate tax preparation

At our CPA firm, we specialize in guiding businesses through the complexities of tax structures. A C corporation (C corp) provides a separate legal entity from its owners or shareholders, and it’s required to make quarterly estimated payments based on income received throughout the year. An S corporation (S corp) offers advantages for those seeking to avoid public exposure or attracting institutional investors. With a limited number of shareholders, one class of stock, and a single level of taxation, S corps offer simplicity and tax benefits.

For S corp owners, determining reasonable market compensation can be challenging due to varying state rules and industry standards. Our CPAs provide expert guidance on best practices for establishing reasonable compensation, ensuring compliance and optimizing tax filings. With streamlined tax processes and favorable tax benefits, S corps are an ideal choice for lifestyle businesses aiming to maintain a preferred income level with minimal overhead.

We also offer our clients CFO advisory to help you reach your organizational goals.

Individual tax preparation

Our firm assists businesses in navigating the intricacies of partnership structures. Partnerships allow partners to share resources and expertise as well as profits and liabilities. Unlike corporations, partnerships are pass-through entities, meaning profits flow directly to partners and are reported on their individual
tax returns, simplifying tax obligations.

With partnerships, income allocation can be customized based on the terms outlined in the partnership agreement, providing flexibility to distribute profits or expenses non-proportionally among partners.
Additionally, partners are responsible for making estimated tax payments throughout the year to cover income, self-employment, and alternative minimum taxes. Whether opting for tax withholding or making estimated payments, our team ensures compliance and efficiency in managing tax obligations for partners.

We also offer our clients CFO advisory to help you reach your organizational goals.

Estate and trust planning

Our Estate and Trust Tax Services Include:

  • Preparation of gift tax returns
  • Preparation of estate tax returns

The estate income tax return must be filed if the estate has $600 in income. This includes income earned from bank accounts or stock while the estate is going through probate.

When someone dies, the person does not exist and cannot have income. Instead, income is reported by the person’s estate. Estate income tax return is due the 15th of the fourth month after the estate’s year end.

The estate tax return is due within 9 months after death and is required if the estate is larger than the exclusion amount, currently 13.61 million.

A gift tax return is filed in any year a taxpayer makes gifts in excess of the annual exclusion amount. The annual exclusion amount as of 2024 is $18,000.

Non-profit tax reporting
annual 990)

Nonprofit organizations encounter distinct challenges that set them apart from for-profit businesses, including the annual submission of Form 990 and taxation on unrelated business income. To navigate these complexities effectively, having a dedicated team of tax and accounting professionals is essential. Our firm specializes in supporting nonprofits, ensuring compliance with accounting standards and tax regulations while keeping you updated on the latest requirements. With our expertise, you can confidently manage your nonprofit’s financial affairs, focusing on your mission with peace of mind.

Additional services to Nonprofit organizations include:

  • Accounting assistance with your general ledger and financial reporting processes
  • Attest services including audit, review or compiled financial statements
  • Preparation of tax return supporting documents as required (income, program and functional expenses, balance sheets, revenue support schedules)
  • Assist you with compliance of state laws affecting nonprofits

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