Tax Preparation & Planning
Tax Planning and Preperation Near West Palm Beach
Tax Planning in Palm Beach Gardens
For many clients who come to Siegerman & Company, the key to reducing their tax liability can be as straightforward as taking the time to design a careful plan. At Siegerman & Company, our Palm Beach Gardens tax professionals work closely with clients to develop tailored, year-round tax strategies that take advantage of all opportunities for deductions while reducing liability.
How Can Tax Planning Help?
When developing your tax strategy, our goal is to eliminate the risk of penalties by creating tax plans that reflect your unique situation. Following an in-depth evaluation of your financial information, our Palm Beach Gardens tax professionals develop a year-round tax strategy that takes advantage of all applicable deductions and credits. Through regular revision, Siegerman & Company is able to ensure your taxes are filed accurately and on-time, lowering the risk of audit by the state or IRS. Through this thorough and proactive approach, our clients can keep more of their income in their pockets without facing high tax bills at the end of the year.
Our Palm Beach Gardens firm works for our clients, not the IRS, which is why we offer customized services for both business and individuals to achieve specific financial goals while minimizing the role taxes play in the process.
Our Experience for Your Benefit
Creating successful tax strategies requires an in-depth knowledge of the every changing tax code and its implications for our clients. At Siegerman & Company, our team of experienced tax professionals frequently participate in opportunities for continued education, staying abreast of new tax code changes and regulations while analyzing the potential impact they might have on our clients. Combined with our understanding of tax nuances, Siegerman & Company is committed to keeping clients compliant with all state and federal tax regulations.
In addition to money-saving tax plans, Siegerman & Company offers a number of other tax-related services, helping businesses stay on track with minimized tax obligations at years-end. These business tax services include:
- Selecting a business entity
- Conducting a like-kind exchange of assets
- Deciding whether to buy or lease a vehicle or facility
- Managing the taxes of multi-state office locations
- Advising on the most beneficial timing for taxation on capital transactions
Palm Beach Gardens, FL Tax Preparation
For many individuals and small business owners in Palm Beach Gardens, preparing income tax returns can seem like an intimidating process. Due the evolving landscape of tax law as well as the complex tax situations that may arise throughout a year, appropriately completing and filing a return can be a task that leads to more questions than answers. Even with relatively uncomplicated returns, you could potentially miss out on opportunities for additional deductions and credits. As an experienced tax professional, Siegerman & Company offers preparation services that identify and capitalize on beneficial tax situations while ensuring these returns comply with current regulations.
The Advantages of Professional Tax Help
According to a recent study by the US General Accounting Office, nearly 55 million taxpayers reported they had benefitted from the services of a tax professional. At Siegerman & Company, our clients receive not only comprehensive return preparation services, but our professional expertise in the field of income taxes, as well.
The thorough approach Siegerman & Company takes with your tax return includes:
- Meticulous Review - To ensure it stands up to the scrutiny of the IRS, our staff combs through each return, using professional software to double-check our findings.
- Electronic Filing - E-filing ensures your return is processed faster. For eligible clients, this can mean getting your refund sooner.
- Identifying Opportunities - In addition to maximizing the current year's return, Siegerman & Company will advise you on taking advantage of deductions and long-term plans that may reduce your tax liability in the future.
Our Palm Beach Gardens tax professionals have a wealth of experience in handling the majority of tax preparation situations, including federal and multi-state returns for both individuals and businesses. We provide guidance for accurate completion and submission of the tax forms required for non-profit organizations and business entities such as partnerships or limited liability companies (LLCs). We help our clients manage the intricacies involved with trusts, payroll, information returns, gifts, and foreign taxes.
Tax Preparation for Small Businesses in and Around West Palm Beach
When it comes time to file taxes, some Palm Beach Gardens small business owners may discover that they haven't kept up with their bookkeeping for the year. Siegerman & Company works with owners to prepare financial records to report for the current year as well as set up a straightforward system for keeping books up-to-date. In addition, Siegerman & Company can prepare a full Schedule C and the personal tax return for our small business clients.