Business Tax Compliance
Corporate, S corporation and partnership returns, prepared carefully and reviewed twice.
Tax
Tax Planning & Advisory
By the time a return is filed, most of the tax outcome was decided months earlier. Planning is the work of making those decisions deliberately: how the business is structured, how owners are paid, and how major transactions are timed.
What we plan
Planning is tailored to the business, but the questions tend to fall into a few areas.
- Entity selection and restructuring
- Owner compensation and distributions
- Year-end planning
- Multi-state nexus review
- Tax planning for acquisitions, sales and other transactions
Year-round, not April
We meet before year-end, and before any major decision, not after. A purchase, a new hire, a new state or a change in ownership is the moment to ask the tax question.
Planning with the whole picture
Good planning weighs tax against cash, control and the owners’ plans for the business. We will tell you when the tax-optimal answer is not the right answer for you.
Questions
Common questions
When should we start planning?
Before year-end, and before any major transaction. Once the year closes, the options narrow to what can be done on the return.
Should we be an S corporation or a C corporation?
It depends on profit level, how owners take money out, plans to reinvest and plans for an eventual sale. We model the choice on your numbers rather than applying a rule of thumb.
Is planning separate from preparing our return?
It can be either. Many clients have us do both so the planning carries straight through to the return.
Talk to a partner.
A short call to see whether we’re the right fit. No obligation.