Tax Planning Services
you need more than an accounting firm,
you need a partner.
Navigating taxation requires more than a basic plan. Tax laws are complex and ever-changing, needing a nuanced understanding tailored to industries, business sizes, and locations. Compliance is vital, but your enterprise needs a partner to ensure timely deadlines, minimize financial liabilities, and strategize for the future. Choose a collaborator with flexible expertise covering all your business needs.
better tax planning is possible.
In recent years, the landscape of our world has undergone profound transformations, significantly affecting the financial strategies of business owners. The advent of new technologies, sweeping tax reforms, evolving business and consumer demands, shifting business models, and the ongoing challenges posed by worldly matters have introduced a complex array of pressures and challenges at both a personal and corporate level. However, navigating this new terrain doesn’t have to be a solitary journey.
At Smolin, we collaborate with leaders across various industries, aiming to demystify these changes and their implications for your business. Our expertise and insightful guidance are designed to offer you peace of mind and the confidence that your business is on the right track.
Our clients often want to know:
What tax deductions or credits am I eligible for?
How can I optimize my business structure for tax efficiency?
Am I meeting all the necessary tax filing requirements?
What are the tax implications of having remote employees?
Stay Ahead.
Let’s connect. Our Tax Services team remains meticulously informed regarding the latest state and federal tax legislation changes. We’re continually refining our tax planning strategies, ensuring we offer you the most current and effective advice.
the smolin approach to tax planning services.
At Smolin, we pride ourselves on our comprehensive tax planning solutions that are tailored to each client’s unique business environment. Our approach combines deep industry knowledge with a commitment to understanding your specific needs, ensuring that our strategies not only comply with the latest tax laws but also support your business’s financial goals and growth.
learn more about our tax planning services.
Cash Flow Planning
Effective cash flow management is crucial for maintaining your business’s financial health and fueling both immediate stability and future growth. Smolin is here to help you navigate cash flow planning, providing expert guidance to strengthen and sustain your business’s financial resilience.
compensation planning
Effective compensation planning is crucial for managing one of your organization’s largest expenses and ensuring alignment with business goals. Our team specializes in designing comprehensive compensation strategies, including 401(k) plans, qualified retirement plans, and executive compensation packages, to optimize benefits and attract top talent while maintaining compliance.
entity structure
The right entity structure is vital for maximizing tax efficiency, protecting assets, and ensuring operational flexibility. Our team will collaborate with your attorneys to establish the ideal legal framework that supports your business’s success and long-term growth.
estates, trusts & gifts
Estate taxes can impact individuals with significant wealth or those living in states with their own estate or inheritance taxes. Through strategic planning, such as business succession, strategic gifting, and trusts, Smolin advisors can help minimize estate tax liability, ensuring your wealth is passed on to your loved ones instead of the government.
international tax
Expanding your business internationally brings exciting opportunities, but also complex tax challenges. We provide expert guidance in international tax planning, compliance, and reporting, helping you navigate tax laws and maximize the financial benefits of your global ventures.
nexus studies
Understanding multistate tax obligations requires a thorough Nexus Study to evaluate your business’s connections across various states, ensuring compliance and minimizing tax exposure. Our team gathers data, conducts legal research, and offers tailored recommendations to help businesses manage nexus risks and make informed decisions.
Other tax services
We offer specialized tax services that go beyond traditional filing, providing tailored solutions for tax planning, Roth IRA conversions, IRS representation, and more. Our expert team ensures you navigate complex tax laws effectively, safeguarding your financial stability and helping you make informed decisions.
State & local taxes
State and local taxes (SALT) can significantly impact your business, but Smolin’s expert team simplifies the complexities of SALT regulations, ensuring compliance and optimizing benefits. We assist with managing various taxes, securing tax credits, addressing nexus issues, and providing support for audits, reporting, and refunds, helping your business reduce liabilities and thrive.
tax controversy & resolution
If you’re facing a tax dispute, Smolin’s expert Tax Controversy & Resolution team can help you resolve issues with the IRS or state authorities efficiently. Our services include managing audits, appeals, collections, penalties, liens, levies, offers in compromise, tax amnesty, litigation, and more to secure the best possible outcome.
tax preparation
Effective tax preparation is essential for minimizing liabilities and maximizing deductions. Our expert team simplifies the process by providing personalized tax planning, filing services, and year-round support, ensuring compliance and optimizing your financial strategy.
we’re ready TO HELP YOU.
At Smolin, we understand that your business is as distinctive as its tax needs. Regardless of the complexities involved, our approach is to partner with you closely, identifying the optimal tax planning strategies tailored exclusively to your situation. We meticulously craft plans aimed at reducing tax burdens while enhancing your financial flow, ensuring you remain aligned with your broader financial aspirations. Reach out to Smolin today, and let’s pave the path to your financial success together.