Almost every decision made in a business has tax consequences. Our experienced tax professionals are trained to analyze your business and develop preventive problem-solving solutions for your unique tax requirements. We enjoy working closely with your other advisors such as attorneys, investment managers, trust officers, insurance brokers or financial planners. We recognize the advantages of a team approach in reducing the impact of taxes on the bottom line of your business, or on your own personal tax return.
The tax professionals at Ahearn Jasco provide both tax planning and preparation for our clients. We can do so for individuals, small businesses and corporations, as well as for living trusts, legacy trusts, estates, and personal foundations. In addition, we provide estate planning and business succession planning. Our firm can also implement a payroll administration system, as well as assist in the collection and submission of sales taxes.
Some of our specific areas of expertise include:
- Tax planning, for business, individuals, trusts and estates
- Business tax return preparation for all types of business entities
- Individual tax return preparation
- Special entity tax return preparation, including trusts, estates, gift taxes, foundations, etc.
- Entity Selection (see the Consulting section for more on this topic)
- Business reorganizations, including a change in the taxation form of the entity
- Tax audits (IRS and state), claims and appeals, and other regulatory matters
- Sales tax preparation and audits
- Estate planning
Tax Planning and Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients, and we are experienced to take care of both planning and preparation at the Federal and state levels. Whether you are an individual, a multi-tiered partnership, estate, trust or nonprofit, our experienced staff can develop tax strategies that take advantage of the nuances in the tax laws.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. For smaller businesses, our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. For larger businesses, we have strong relationships with all the major payroll services and can assist you in choosing one right for you.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in multiple jurisdictions. Sometime, the issue is just determining if sales taxes must be collected and remitted in the first place, so called “tax nexus.” We can assist your company with these tasks, including the gathering of information and preparation of sales tax returns in an efficient and timely manner.