The firm’s tax specialists have a longstanding reputation for cutting-edge thinking on tax law and for using the law’s most recent interpretations to our clients’ advantage. We monitor and influence new developments in the tax laws, and we develop plans that incorporate the most suitable tax-minimizing strategies. Specifically, we:
- Prepare a projection of future income and deductions to anticipate cash needs and determine the proper level of withholding.
- Develop an optimal tax payment schedule to help maximize cash flow and the time value of money, while avoiding underpayment penalties.
- Compare tax rates in sequential years to determine whether the acceleration or deferral of income or expenses is appropriate.
- Recommend strategies for reducing taxes. We evaluate and implement opportunities to reduce taxes through charitable giving, tax shelters, deferred compensation, trust formations, or other methods.
We also prepare federal, state, and local income tax returns, respond to audits and other inquiries from governmental agencies, and help clients maintain detailed tax records for assets such as real estate and marketable security investments.