PERSONAL TAX

One of our objectives is to insure that our clients do not miss opportunities to preserve personal wealth. Our personal tax department focuses on tax planning and preparation. We suggest that our clients meet with us periodically during the year to evaluate and project the tax consequences for the year. We recommend solutions to legally minimize tax.

Strategic Tax Planning

• Analyze current tax position
• Clarify future tax consequences
• Identify potential solutions to minimize tax
• Develop strategies to implement solutions

Asset Transfers

• Gain/loss analysis, stocks, real estate and other capital assets
• 1031 Exchanges
• Inheritance
• Gifting
• Purchase analysis of prospective acquisition and sale of business interests

Estate and Trusts

• Tax projections
• Needs analysis
• Identify client specific solutions
• Review progress of implemented tax strategies
• Identify strategies and implement solutions for unforeseen road blocks
• Document Review

Personal Tax Return Preparation

• Personal federal (Form 1040) and state income tax returns
• Gift tax returns (Form 709)
• Estate tax returns (Form 706)
• Join venture activities
• Sole-proprietorships (Form 1040 Schedule C)
• Investment real estate (From 1040 Schedule E)
• Farm activities (Schedule F)
• Investment activity (Form 1040 Schedule B & D)

With appropriate planning, the many tax related issues that people face may be properly addressed. This is part of our commitment to assist clients in maximizing wealth.