Services
Tax Preparation
We provide tax planning and prepare tax returns. The process is simpler than working with a stand-alone accountant, since we have the information on hand and are aware of your financial transactions throughout the year.
We pick up omissions or errors in the information that clients provide at tax preparation time. Usually we have prepared a year-end tax projection for tax and cash requirement planning. If the information provided by the client differs from the projection we will email you to see if you missed a form or forgot to provide a deduction.
Tax planning should be done proactively before year-end. Traditional accountants meet with clients at tax filing time when it is too late to take action for the reporting year.
We initiate the process in November and guide you through implementation.
The portfolios we manage are examined for potential tax reduction opportunities at year-end. Our portfolios are constructed to maximize after-tax returns. Securities are chosen individually to suit your tax profile.
We have discovered mistakes in returns prepared by other accountants. While preparing a financial plan for a new client we found that her previous CPA had made a mistake of over $100,000 IN THE IRS's FAVOR! We amended the return, she got the refund with interest and, needless to say, we have a very loyal client.
Another source of misunderstanding by professionals and clients are quarterly estimated tax payments. We advise our clients on the optimal method for meeting your tax obligations.
