Todd & Associates CPAs offers personalized tax solutions and tax-savings strategies for individuals, families and businesses. Clients will have the use of a customized online portal to securely exchange documents without making trips to our offices. We also utilize electronic signatures and filing to further add convenience to the tax filing process. For those looking for a more personalized service, we invite you to visit one of our four offices for a one-on-one planning session. In our tax planning sessions, we will perform an assessment of our clients’ financial circumstances and develop tax strategies to help clients take advantage of current tax laws.
Business Tax Returns
The process of filing your business tax return begins with a robust tax planning effort to merge your business and personal goals with a tax strategy to achieve them. Our CPAs will work with you to:
- Organize financial records and tax documents
- Design a chart of accounts that is meaningful to your business plan
- Develop a forecast of future results to use in estimating tax impacts
- Coordinate quarterly tax estimates and payments
- Research current tax laws and changes in order to optimize tax outcomes
- Compile and file annual corporate tax returns, franchise tax returns and K-1s
- Handle IRS inquiries and notices
Partnership Tax Returns
Partnerships present additional considerations when planning and filing business tax returns. Our CPAs can help you to devise tax strategies that fit the needs of your partners individually and as a group. Our approach will balance the cash flow needs of the business with the distribution expectations of its partners. With sound tax planning, we can help to devise a strategy that will facilitate a stable foundation for the business. We will also maintain partner capital accounts, file tax returns, and issue K-1s to the partners.
Individual Tax Preparation
We work with individuals and families on personal tax planning and preparation of tax returns. Our individual clients span a wide range of tax needs from employees with single W-2 returns, to business owners with multiple K-1s, to landlords with a large portfolio of rental and investment property. We will tailor your tax strategy to blend short-term tax objectives with long-term cash-flow needs, and will assist you and your financial advisors to take advantage of retirement vehicles when helpful to these overall strategies.