Tax Consulting
While traditional tax compliance includes federal, state, and local tax preparation, tax consulting services go beyond the tax return and into the world of tax strategy and optimization.
From analyzing financial information to providing forward-looking guidance, tax consulting helps clients understand the impacts of their financial decisions and offer advice on how to maximize their tax position, all while taking into account business or personal financial goals.
Tax consulting helps clients minimize tax risk and optimize their financial decisions to reduce overall taxes paid. With a deep understanding of ever-changing tax legislation, a tax consultant ensures their clients remain compliant with state and federal tax regulations, even if they have complex financial circumstances.
Advisory Services
The consideration, analysis, and/or projection of tax strategies without taking the step of making a recommendation. Including the analysis and arrangement of a person's financial situation to maximize tax breaks and minimize tax liabilities in a legal and an efficient manner.
Maintaining tax compliance is crucial for individuals and businesses to avoid legal consequences and penalties. It requires staying informed about tax laws and regulations, which often change.
Financial planning involves looking at a client's entire financial picture and advising them on how to achieve their short- and long-term financial goals.