We are committed to helping clients determine and implement the most effective income tax strategies. Take a look at some of the results we have achieved:

Catching an Error Leads to a Tax Refund of More Than $900,000
We identified an error made by a new client’s former CPA on a prior year consolidated corporate tax return and worked with the client on other items they identified.  The amended tax return we prepared resulted in a federal tax refund of over $900,000. 

Finding Different Tax Strategy Saves Thousands for Client 
We determined that a new client had not used the annualized income installment method to (i) determine the proper amount of each quarterly estimated tax payment and (ii) see if prior underpayment of estimated tax payment penalties could be reduced or eliminated.  The claims for refunds we prepared for the underpayment of estimated tax payment penalties totaled $350,000. 

State Audit of Prior Tax Returns Results in $70,000 of Refunds 
A state audit of a client’s prior year corporate state tax return revealed potential state tax savings by filing a consolidated state tax return instead of separate state tax returns each year.  The amended state tax returns we prepared resulted in tax refunds of more than $70,000.  

Creative Tax Strategy Continues to Save Clients Money 
A real estate developer wanted to generate as much long-term capital gains as possible.  We recommended a strategy that helped the client save hundreds of thousands of dollars in federal income taxes and the client will continue to save even more in the future.

Recommended Partnership Structure Minimizes Business' Multi-State Tax Liability 
We worked with a client doing business in 20 states on how to best use a limited partnership in tandem with a corporation to minimize state income taxes.