Business tax services

Once cash flows have been stabilized, the next concern is income taxes. For a highly profitable business, income taxes could be your highest expense.

Minimizing income taxes requires a holistic approach, balancing the benefits of such planning and the costs of implementing and operating such planning.

I possess over nineteen years of experience preparing closely held business tax returns and conducting planning meetings. I also earned a Masters in Science in Taxation from Northern Illinois University (4.0 out of 4.0 GPA). Please also check the link WHY HIRE ME for additional information about my qualifications. If you want something done both creatively but lawfully, I am your tax professional!

Examples of ways that I have helped business owners like you minimize tax bills after determining that the benefits exceeded the costs:

  • Adopting IRS-acceptable accounting methods that minimize revenue recognition and accelerate deductions.
  • Recommending economic transactions that allow money to be put back into your pocket with a minimal amount of tax outlay through retirement plans, incorporating, filing a S election, and other means.
  • Planning estate tax reductions and for ownership succession through life insurance funded buyouts, gifting, employee stock compensation plans with vesting requirements, trust creation and other techniques.
  • Determining ways to handle out of state taxes. States are looking at out of state business to close their budget gaps since non-resident businesses do not vote in elections. I have assisted in minimizing exposure to these states. However, an assessment needs to be made to determine whether paying taxes in both states reduces the overall taxes! I can help in both of these functions.

These are just some of the ways that I can help you meet your financial goals! Call or EMAIL ME now to help your business grow!

CPA Website Design
 
 

The IRS requires me to mention that this written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.