Personal Services

You have worked hard to create or to earn the assets you now enjoy. As you look to the future you likely see a number of challenges and opportunities in relation to maintaining your current assets, creating new assets or increasing your earning potential, and using your resources for the benefit of your family and charity. The decisions you make to achieve your goals require you to navigate almost endless possibilities and boundless information. We have a wealth of expertise in evaluating the possibilities and bringing you the right information to make the best decision possible. Furthermore, we can help you review the performance of your assets and plan for the complex tax reporting requirements related to that performance. We offer the following services to our individual clients.

Planning In order to help you navigate through the key decisions that determine your future financial success, we continually focus on the following critical considerations.

Budgeting and Forecasting
When you generate multiple streams of income from a variety of sources and have a large variety of expenditures, pulling the entire picture together can be difficult. We are able to forecast and evaluate the timing and the amounts of your income and expenses to help you determine when and how you should make the important decisions to reinvest your funds, make significant purchases, or transfer assets to family members.

Retirement Planning
Retirement planning is a long-term science that requires determination of a variety of assumptions and consideration of many different options and formal plans. Our significant experience in this area allows us to help you objectively make those assumptions and consider the financial and tax implications of the retirement plans that best fit your situation. We can also project the expected returns of various options to help you budget for retirement.

Transferring Wealth
The eventual process of transferring wealth can be one of the most complex and confusing legal events an executor, survivor, or heir can experience, especially at a time when they may also have a high level of emotional tension. We can assist you in structuring your estate so that you can minimize both the difficulty of transferring your assets to family and charity and the portion of your estate that pays for professional fees and taxes.

Financial Software Selection and Implementation
With the number of computerized financial software packages available for individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most software programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.

Personal Financial Statements
With a variety of assets and sources of income and diverse expenditures, pulling together your financial picture can be a daunting task. We can work with you to reconcile account statements and to summarize your holdings and your activities to give you an accurate picture of where you stand and where you can go.

Accounting Software Selection and Implementation
With the number of computerized accounting software packages available for small business growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.

Taxes Tax planning and preparation form a winning combination for our successful individual clients. The best time to save money on your taxes is before they are due, and this requires expert planning. By keeping current on new tax laws and legislation, we are in a position to identify key tax opportunities that minimize both your current and future tax liabilities. We provide one-on-one pro-active tax counsel to meet your unique needs throughout the year, not just at tax time. We are prepared to assist you in any of the following compliance and planning areas.

Income Tax Planning and Preparation
Our national leaders seem determined to change the tax laws at least once a year, if not more often. Whether they allow the tax code to rest or they reform it all together, we strive to constantly be aware of the tax implications of your activities. We can help you plan for significant events, including asset and home sales, deferred tax exchanges, stock option exercises, and other events to minimize or eliminate income taxes. We also prepare federal and State tax returns for our individual clients, regardless of their location in the U.S.

Gift Tax Planning and Preparation
Gift taxation is an often disregarded area of tax law that may cause significant headaches if you want to transfer significant assets to family or others. We can help you determine the most tax advantageous way to transfer your assets, especially in consideration of the effects of any gifts on your eventual estate tax situation. We can also help to prepare any necessary gift tax returns.

Trust Tax Planning and Preparation
Trusts continue to be a viable planning option when considering specific, controlled asset transfers. We can help you determine the tax considerations of various trust options and help you file the appropriate Federal and State tax returns to report the trust activity.

Estate Tax Planning and Preparation
Estate tax laws are another source of confusion and uncertainty for many individual taxpayers. We can assist you in determining whether or not an estate is subject to estate tax requirements, structuring your estate to minimize estate taxes, and preparing any necessary Federal and State tax returns.

Federal and State Tax Return Audit Representation
From time to time, individual tax returns are selected for examination by the respective taxing authority. This should not be a time for alarm but should warrant careful interactions to minimize the exposure and inconvenience. We are experienced in our interactions with taxing authority personnel and are prepared to assist or represent you in connection with these matters.

Services In additional to the variety of planning, tax advisory, and accounting services we provide to our individual clients, we also provide the following additional services.

Investment Evaluation
Many investments involve a significant level of complexity as you evaluate whether or not to commit your resources. We can assist you in forecasting investment returns and considering the tax implications of the specific investment.

Trustee Services
In addition to helping you determine when a trust might be appropriate and what the tax considerations for such trusts are, we can act as trustees in specific circumstances.