Services for Individuals                                                   

Tax Preparation

With the complexity of ever-changing tax laws, using our firm to prepare your individual tax returns will ensure that your tax returns are filed accurately and on time.  We are continuously learning about tax laws and their impact on taxpayers and use our extensive and up-to-date knowledge to prepare your returns, not only accurately, but with the best tax results for the taxpayer.  We work with taxpayers who have “simple” returns or more complex tax situations (and everything in between) and will give you the attention you deserve regardless of your tax situation.  We are able to work with taxpayers throughout the U.S.(and even U.S. citizens living overseas) and prepare tax returns for all states.

Tax Planning

Effective and proactive tax planning can help you minimize your future tax liability.  Not all tax planning opportunities are readily apparent.  By having us on your team, you are more likely to benefit from those opportunities.  We understand how the latest federal and state tax legislation and other developments affect you and we are constantly identifying new ways to reduce federal and state tax liabilities.  As life changes occur (retirement, divorce, kids starting college, etc.), we can help you anticipate the impact of those changes on your tax situation and proactively come up with a tax plan to minimize your tax liability.

Tax Representation

Dealing with IRS and state tax authorities can be an intimidating and complex process. If you have received correspondence, are unable to pay your taxes, are a non-filer or are facing an audit, we can work with you to review your situation and determine the best course of action.  Enrolled Agents are fully authorized to work with the taxing authorities on your behalf and we can ensure that you are properly represented.  We will work to resolve your issues in a fair manner while minimizing any stress and confusion you are faced with.

Financial Planning & Budgeting

If you are working toward a financial goal, want to have a better understanding of your financial situation or create and track a personal budget, we can work with you to come up with a system to meet your needs.  We offer one-time, occasional and ongoing options to help you meet your financial goals.

Services for Businesses

Tax Preparation

With the complexity of ever-changing tax laws, using our firm to prepare your business tax returns will ensure that your tax returns are filed accurately and on time.  We are continuously learning about tax laws and their impact on taxpayers and use our extensive and up-to-date knowledge to prepare your returns, not only accurately, but with the best tax results for the business.  We prepare and file all types of business tax returns (Forms 1065, 1120, 1120-S and 990-Series).  If your business return is a “pass-through” entity (partnerships & S-Corps), we can also work with you to coordinate the impact of your business return on your personal tax return and tax liability.

Tax Planning & Entity Selection

The business entity – LLC, sole proprietorship, partnership, corporation, S-corporation, etc. – that you select for your business has enormous financial and tax implications.  It is important that you make the right decision.  As your business grows and changes, the type of business entity you choose may need to change also.  We can explain each choice and its implications.

Effective and proactive tax planning can help you to minimize your business’ (and in some cases the business owners’) future tax liabilities.  Not all tax planning opportunities are readily apparent.  By having us on your team, you are more likely to benefit from those opportunities.  We understand how the latest federal and state tax legislation and other developments affect your business and we are constantly identifying new ways to reduce federal and state tax liabilities.

Tax Representation

Dealing with IRS and state tax authorities can be an intimidating and complex process.  If your business has received correspondence, is unable to pay its taxes, is behind on tax filings or is facing an audit, we can ensure that your business is properly represented when dealing with the IRS and other tax authorities.  We can work with your business to resolve income tax issues, as well as those involving sales tax, payroll tax, labor departments audits, etc.  We will work to resolve your issues in a fair manner while minimizing any stress and confusion you are faced with.

Bookkeeping & Accounting

If you are starting a new business, your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and accounting services to ensure the smooth operation of the financial side of your business.  As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.  We will customize our services to your business needs, whether full-charge bookkeeping, clean-up or set-up of books, or monthly reconciliations (or anything in between).  We will fulfill your needs in a cost-effective and comprehensive manner.

Additional Business Services

Payroll Taxes – If you are in the process of hiring employees or are looking to streamline your payroll processes, we can work with you to set up systems to fulfill your payroll needs.  Our payroll services include assistance with payroll registrations, help in selecting a payroll service provider and, in some cases, preparation and filing of quarterly and year-end payroll returns.

Sales Tax– State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.

Personal Property Declaration – If your town/city requires a Personal Property Declaration (all towns/cities in CT do!), we can help with the preparation and filing of this annual form.

1099 Series – We are able to prepare and file all 1099-Series filings, including 1099-NEC, 1099-MISC, 1099-INT, 1099-S, etc.  The rules for these filings are complex; and, in addition to preparation and filing services, we can help ensure your business is in compliance with government requirements.