Tax & Financial Services

My firm services a wide variety of individuals, corporations, limited liability companies, partnerships and trusts. I provide tax and management advisory services (MAS), primarily to wealthy individuals and closely held businesses.  Unlike most other accounting firms, I have chosen to limit the services I provide to tax and MAS.  The provision of these services requires a full time commitment to my clients and to furthering my expertise in these areas.  

Helping You Help Yourself

As part of your team I will combine my expertise and experience to offer you the best possible service. I work to understand your special circumstances and then offer assistance that is practical, appropriate and helpful. By educating you in the issues and explaining the alternative means of attaining your goals, I can help you help yourself.

I can also provide the assistance you need to deal with the ever-changing tax laws and regulations. Whether it is planning, compliance or support that you need, I am on your team.  I can offer insight into the issues that you face in your daily operations, both personal and business.  I am experienced with the issues involved with business formations and operations and in dealing with legal and insurance advisors.  Needless to say, I am also very experienced in dealing with the various taxing authorities throughout the country.

When it comes to tax issues, I am on your side.  I can advise you on the best strategies and the risks associated with them. Each client is prepared to accept a different level of risk and I will work with you to develop a plan.  After a strategy is implemented, I am prepared to defend my approach.

Planning Makes the Difference

I am available to review your tax and financial profile before the end of each year.  I can then make suggestions for how the profile may be improved.  These suggestions may be either tax or financial in nature.  In either event, through planning, you  know ahead of time what his or her tax profile is likely to be.  This is also the most opportune time to raise either tax or financial issues - while they can still be addressed and changed before the end of the year.

I am also experienced with estate and gift tax issues, business succession, mergers and acquisitions and preservation of family wealth. You've made your money -- I can help you keep it!

Tax Services

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Tax Preparation

My significant investment in computerized tax preparation and research software enables me to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.

Tax Planning

Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy, you can use my experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities.

Tax Services

I prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, I am in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. I provide my individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

• Tax planning & return preparation
- Individuals - Corporations - Partnerships - LLCs/LLPs - Estates, trusts & gift - Not-for-profit organizations
• Taxing authority representation
• Divorce and support issues
• Tax effects of buying/selling a business

Estate & Trust Tax Preparation

Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your family and surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. I can guide you through the complex process of getting your financial affairs in order.

IRS Representation

During my years of experience dealing with many taxing authorities, I have achieved a level of competence that can ensure my clients are being properly represented before the various federal and state tax agencies.

Accounting Services

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Accounting Services

Providing financial information to my clients in a timely and accurate manner is a commitment that I feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. My firm provides a full range of cost effective accounting services including the following:

• General ledger & financial statement preparation
• Bookkeeping (Monthly/Quarterly/Annual)
• Accounting system setup for new businesses
• Computerized payroll services
• Business tax return preparation (Sales & Use/Business Property)
• Personal financial statements
• Litigation support

Cash Flow & Budgeting Analysis

A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.

Bookkeeping/Write-Up

Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. I can assist you with the day-to-day tasks associated with bookkeeping.

Financial Forecasts & Projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, I can assist you in achieving your company's financial goals.

Consulting Services

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Accounting Software Selection & Implementation

With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As an accounting professional, I am exposed to most programs through trade journals and actual use. I can help you choose and implement the system that best fits your needs.

Business Consulting

I gauge my worth by the personal and business successes of my clients. I can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, I provide comprehensive, flexible strategies that address the issues affecting your business.

Business Entity Selection

Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. I can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.

Business Succession Planning

Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, I am fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.

Pension & Profit Sharing Plans

Qualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals.  I can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.

Financial Planning

A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.

Management Advisory Services

Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.

Retirement Planning

Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years.

Investment Review

As you develop your investment strategy, we will act as your sounding board. We can help you and your investment advisor build an investment portfolio that takes into consideration the impact of taxes and produces a favorable after-tax return.  While I do not pick individual vehicles, I can certainly help you and your advisor in choosing a path worth considering.