Tax Planning
Perhaps the most important services that I provide for families and individuals are to help them to better understand their most significant financial transactions, and as a result, to make better decisions on behalf of themselves and their families. This includes making details projections and building financial models to help clarify various “what if” scenarios, determine the likely capital gains or (losses) to be realized, and estimate the amounts necessary to satisfy Federal and state estimated tax payment obligations. These services cover a variety of major financial transactions, including:
Investments
- Sales of bonds, mutual funds or stocks
- Exercise of stock options (ISOs, NSOs, preferred stock, private stock, restricted stock, Units and Warrants)
Real Estate
- Sale of primary residence
- Purchase and sale of rental real estate property
- Rental real estate cash-flow analysis, loss carry-forward and tax planning
- §1031 Like-Kind-Exchange tax-deferred rental real estate transactions
Retirement and Pension Plans
- Traditional IRA and Roth IRA contributions
- Nondeductible IRA contributions
- Roth IRA and 401(K) conversion and re-characterization
Savings
- College tuition savings plans
Tax Compliance
The tax compliance services that I provide for families and individuals are what most people think of when “CPA” is mentioned, including:
- Income tax return preparation
- Divorce or separation tax implications
- Estate tax return preparation
- Gift tax return preparation
- Trust tax return preparation
- Report of Foreign Bank and Financial Accounts (FBAR) with the U.S. Dept. of the Treasury
- Representation before the IRS, state or municipal tax authorities
