Proactive Tax Planning

Business owners are always looking for ways to increase their profits. Our proactive tax planning services are designed to be an ongoing profit center for our clients. We consult closely with them to analyze their financial and tax situations, evaluate credits and deductions available to them, and develop strategies that maximize their profits legally and ethically. Our proactive planning is tailored to each case, considering both short-term benefits as well as long-term implications. With our help, business owners can ensure that they maximize their savings and minimize the taxes paid each year.

IRS Problem Resolution

Millions of taxpayers receive notice from the IRS and commonly ignore it. However, once the IRS has caught up to you and is demanding payment because you owe back taxes or failed to file a tax return because you owed the IRS money you knew you didn't have, the next step will likely be garnishing your wages, putting a lien on your home, or a levy on your bank account.

Business Tax Returns Preparation & Filing

Submitting tax returns promptly also helps to minimize any administrative penalties that may be applied for late filing. Additionally, it can build credibility with vendors and customers when they know that a business is responsible and compliant with its tax obligations. In short, filing taxes on time will help support a successful business by freeing up resources to focus on improving productivity and achieving growth goals

Streamlined Procedures

The United States tax code requires taxpayers to report their worldwide income on their tax returns. US taxpayers are also required to file FBAR (Foreign Bank and Financial Accounts Report) if the person has a financial interest in or signature authority over one or more foreign financial accounts; and (2) The aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year. Various additional information returns must be filed if a US person owns foreign businesses and has an interest in mutual funds. Did you do so?

Foreign Assets Reporting

Taxpayers use FBAR (Foreign Bank Account Report) to report their financial interests in any foreign account or asset over certain thresholds. This includes but is not limited to bank accounts, securities, mutual funds, trusts, and other relationships with foreign entities. US citizens and residents must comply with IRS regulations to accurately declare all their worldwide income and assets when filing taxes. Failing to file an FBAR could result in substantial fines and criminal penalties, so it's important to understand the rules and be aware of what needs to be reported.

Individual Tax Return Preparation & Filing

Filing taxes can be complex, stressful, and time-consuming, so having a professional ensures you get the deductions and credits you're eligible for. Additionally, you may find other ways to save on taxes that you may have yet to be aware of or thought of yourself. Working with a qualified person helps make sure that your returns are filed accurately and efficiently - saving you from potential headaches down the road in case of an audit. The peace of mind that comes with knowing your finances have been taken care of by an expert is invaluable.