Tax Services

---

Our national network of experienced tax professionals can assist in resolving various challenges such as restructuring your business and keeping abreast with tax regulations, among many others. They will provide you with an insight into how to work best with the tax professionals to meet your business needs.

Tax Services For Corporate Clients

Corporate & Partnership Taxation

There are three main types of business entities that require federal tax filings. Partnerships, C-Corps, and S-Corps. Below is a discussion of each, as well as a brief comment on LLCs:

Partnerships

If you have more than one member in your business but have not otherwise incorporated as an S-Corp or C-Corp, you should likely be filing this return. It is reported on Federal Form 1065 and (if applicable) certain state schedules. We support all 50 states. This default classification arises if you apply for an EIN number for a business entity that has more than one owner. This default classification also arises if you have registered an LLC with your state and that LLC has more than one owner, equity partner, or member.

S-Corp

An S-Corp is a small business corporation structure allowed by the IRS. It is reported on Federal Form 1120-S and (if applicable) certain state schedules. We support all 50 states. This is not a default classification – rather, you must apply for it and be approved by the IRS. The appeal of this classification is that it allows for decreased self-employment taxes on your individual return. These tax savings may be substantial, depending on the annual net income of your business. Please contact us for more details or to file your annual return.

C-Corps

A C-Corp is a taxable entity that pays taxes in its own right. It is reported on Federal Form 1120 and (if applicable) certain state schedules. We support all 50 states. This structure is the default classification you must file with the IRS after you file as a corporation with your state or after registering your EIN as a corporation with the IRS. The C-Corp structure allows many shareholders and is the common classification for many Delaware startups and larger businesses.

A Comment on LLCs

An LLC often has state filing requirements. We support all 50 states. However, for federal purposes, you would be filing your LLC taxes on one of two forms: From 1040 Schedule C or Form 1065. If you are the only owner, partner, or member of your LLC, then you would report on Federal Form 1040 Schedule C. If you have more than one owner, partner, or member of the business, then you would report on Form 1065, unless you have specifically incorporated as an S-Corp or other type of entity.

Please contact us anytime regarding any of these entity types as we have helped thousands of businesses of various size over the years.

Our tax services for corporate clients include:

• 1.Day-to-day tax matters that include replying to various tax notices and providing necessary tax support on regular tax matters.
• 2.Management of tax records and reports in both Soft and Hard files including documentation.
• 3.Tax compliance that includes advance and estimated Income tax calculations and deposits, Payroll and Taxes deducted at Source compliance and filing of returns.
• 4.Compilation of tax details for audit and support to the auditors.
• 5.We provide all important information to statutory auditors or management auditors in relation to tax matters.

Our US-Firm Client Services:

We service several CPA firms in the US, in the preparation and review of Federal and State income tax returns for their clientele. Our practice has steadily grown to processing over 3,000 returns over the last year.

Personal Taxation Services

Individual Taxation

After years of serving clients in some of the largest metropolitan areas, our practice has obtained the expertise to navigate your specific regulatory environment and achieve desired outcomes on your return with solid professional integrity. Some common areas that we handle on a daily basis:
1.Self-employment/contractor/freelancer income
2.Rental property
3.Sale of Home
4.Equity Compensation. For example, RSU, ESPP, ISO, NSO, etc.
5.Multi-state allocation
6.Company IPO, merger & acquisition
7.Crypto currency
8.Foreign Income Exclusion & Foreign Tax Credit

Our individual tax services provide fast and accurate results.

For individuals with Equity Compensation, we can discuss when and how to exercise or sell your stocks/options to optimize your net after tax income based on your vesting schedule.

For individuals with a business, we can discuss quarterly taxes as well as methods to structure your company, such as possible s-corp conversion or other types of credits & deductions.

Tax Planning

Over the years, clients have given us one important piece of feedback: they often do not want someone “just filing our taxes.” Long-term strategy and building a relationship are important considerations. Some frequent topics that we are hired to discuss include:

1.Equity compensation – timing & quantity of stock option sales/vests
2.New home purchase & related tax effects
3.Joint vs. separate tax returns
4.Tax benefits of dependents
5.Quarterly estimated taxes
6.Moving states

Feel free to contact us to discuss any of these (or any other) long-term tax planning topics.

Past-Due Tax Returns

We have been approached frequently with requests to reconcile past records and file past-due tax returns. Even if you have lost your records, our team will assist in obtaining information from the IRS and any relevant states.

We can help estimate, reduce, or eliminate taxes or interest through various abatement programs, payment plans, and debt settlements (tax reductions) that are available through the government.

Give us a call to learn more about our individual tax services today.

We offer personal taxation consultancy services like personal tax planning, personal tax services, tax compliance and advisory services that cover the following:

• Personal Tax Consulting.
• 1Personal Tax Services Compliances that includes compiling and filing of Tax returns.
• 2.We provide review and assistance in advance tax computations.
• 3.Compilation of tax details for audit and support to the auditors.
• 4.Representation before the Tax authorities related to tax assessments, refunds or other matters.
• 5.We guide in getting various tax registrations that includes Permanent Account Number (PAN).
• 6.Management of tax records in Soft and Hard forms.
• 7.Advisory on tax issues like capital gains/ loans/ tax Investments etc.