Online tax software will never replace the real-world experience of a local tax professional. Although using technology to do it yourself may seem cheaper, it could cost you more in the long run between mishandled deductions, miscalculations, and even IRS problems.
As your tax advisor, we strive to make ourselves available to answer questions and help you make important financial decisions that could impact your taxes. We understand how to effectively manage both state and federal tax obligations and will continually adjust your plan in line with new legislation. With our recommendations, you’ll reduce your tax burden and will retain more of your income.
Do you have income overseas you forgot to report? Did Grandpa leave you his foreign bank account when he passed away? Foreign tax issues are very complex and nerve-wracking for the average taxpayer. Filing Fin Cen Form 114, 8938, PFICs, IRS Disclosure, Filing Foreign Inheritance Form 3520 and Form 5471 is challenging. We specialize in this field and, as a team, we obtain the best possible financial outcome for each client.
We offer a full range of accounting, Payroll and bookkeeping services specifically tailored to meet the diverse needs of our clients. For more details about these services, please call us at 732-317-8978 and ask our bookkeeping expert.
Choosing the right business entity type from a tax, investment, and operating cash flow standpoint will impact success...or potentially failure. Prepare an initial business plan to clarify your marketing, management, and financial plans and Selecting a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation are the key.
In the event of your death without an estate plan, your assets will be distributed according to state law—not necessarily according to your wishes. We and our trust and estate planning professionals will work to create a plan designed for your needs—ensuring the accumulation, conservation & enjoyment of your hard-earned assets.
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Deepak Malhotra CPA 732-317-8978