Our tax services are designed to help institutions comply with federal, state and local laws and to reduce the tax burden within the limits of the law. We can:
- Analyze effect of current earnings on estimated payments & transfers to holding companies
- Develop strategies aimed to reduce taxes through income and/or expense shifting
- Calculate tax accruals, including deferred taxes
- Prepare federal & state tax returns
- Represent your institution before the Internal Revenue Service
- Consult & prepare feasibility studies of S corporation conversions
- Research tax implications of proposed business transactions or new business ventures
- Develop personal financial plans for executives
- Develop estate planning strategies, such as holding company formations or employee stock option plans
- Review tax implications of pension, profit-sharing & employee stock ownership plans & compensation programs
- Consult on federal income tax reporting requirements for trustee accounts, nominee accounts & individual retirement accounts
- Prepare fiduciary income tax returns for estates and trusts
- Prepare participant allocation, tax & summary annual reports for employee benefit plans
- Prepare applicable federal & state income tax returns for guardianship accounts
