Preparation of Tax Returns

We will prepare your tax return as if it were our own. We will guide you through a full range of tax planning and preparation decisions. Our experience can assist you in many areas including the following.

Optimizing opportunities in the tax laws to reduce your tax liability:

• Home office deductions
• Business auto expenses
• Retirement plan and contributions including SEP, 401k and IRAs
• Optimal depreciation and expensing methods for business assets
• Foreign tax credits and exclusions
• Tax credits, such as first-time homebuyer’s credit, energy credits, and child credits
• Health Savings Accounts
• Charitable Contributions

Tax planning and reporting of real estate transactions:

• 1031 exchanges and reverse exchanges
•  Installment sales
•  Purchase and sale of rental property
•  Short sales, involuntary conversions, and foreclosures
•  Refinance proceeds tracking for allowable mortgage deduction
•  Application of excess mortgage interest rules

Multi-state returns

•  Determining nexus
•  Other state tax credits
•  Property basis differences
•  Residency determination