Tax Services
Taxes are complicated. We focus on turning tax liabilities from a burden on your business, into a strategic value solution, helping you to focus on improving your bottom line.
CONTACT OUR TAX EXPERTS
Tax Services
Corporate & Individual Tax
With increasingly complex tax issues – such as state taxes that no longer piggyback federal tax laws and the wide variety of education tax preferences – your tax return preparer’s training is critical. What are the trends? Tax shelters and inversions are less popular, and the groundswell of support for simplification of the code may result in some positive movement in that direction.
Tax Services
Corporate State & Local Tax Issues
The concept of nexus is nebulous at best. With the advent of economic nexus, and click-through nexus, your company may have unexpected filing income and sales tax filing obligations. That is why businesses must retain an expert in this area to evaluate their specific state and local tax footprint to ensure they are in compliance and know where their business could have exposures. Please contact us with any questions on this confusing and ever-evolving area.
Tax Services
Gift Tax, Estates & Trusts
Gift Tax, Estates, and Trusts are complicated, especially with new tax rate changes. How does this new tax environment impact planning for estates, trusts, and their beneficiaries? What are the implications of generation-skipping transfer taxes for trusts and estates? Changes in the estate tax law have prompted many high-net-worth individuals to review their estate plans. Need an accounting in the format required by the Courts for probate estates, trusts, and conservatorships? Are you or your loved one unable or unwilling to pay bills, reconcile checks or maintain financial records? Have you reviewed your estate plans in the last ten years? You can talk to us about anything — We’ve heard it all and done it all.
Tax Services
Nonprofit Tax
We value the work done by our nonprofit clients and have substantial experience in working with a wide range of nonprofit organizations. Our mission is to help make your filing requirement as smooth as possible so you can focus on your organization’s mission.
Most nonprofit organizations require filing an annual return with the Internal Revenue Service. The returns range from a Form 990-N for organizations with gross receipts under $50,000 to a full Form 990 for organizations with gross receipts greater than $200,000 or total assets greater than $500,000. Organizations in-between these thresholds may file a Form 990-EZ or a full Form 990. At Adeptus, we understand that these tax forms are very different from individual and business tax returns and require you to answer a lot of informational questions. As a result, they absorb a lot of your time and expense to prepare. We are here to help you with all your nonprofit tax concerns.
Tax Services
Payroll Tax
You hired an employee, now what do you do? Payroll taxes seem to be an area that intimidates every employer because violation of these tax laws can put any business out of business. If you are considering hiring a new employee, consult us to ensure you follow tax laws. Every company has its own set of unique circumstances; make sure you understand yours. For example:
50+ Employees:
You are considered a “large employer” and are generally required to provide health insurance coverage. Otherwise, you will be subject to paying a penalty.
Seasonal Employees
Special filing rules may apply when you only hire employees at a specific time of year. When you notify the IRS of your seasonal status, you are not required to file returns for quarters you have no wages or tax liability.
Home Employees
You may need to pay payroll taxes if you employ someone in your home.
50+ Employees:
You are considered a “large employer” and are generally required to provide health insurance coverage. Otherwise, you will be subject to paying a penalty.
Seasonal Employees
Special filing rules may apply when you only hire employees at a specific time of year. When you notify the IRS of your seasonal status, you are not required to file returns for quarters you have no wages or tax liability.
Home Employees
You may need to pay payroll taxes if you employ someone in your home.
Tax Services
General Income & Sales Tax Planning
While compliance and return preparation are crucial aspects of what we do, that is just the beginning. At Adeptus, we work with clients to help plan to find strategic and beneficial ways to minimize tax liabilities. The firm approach is to be proactive with our clients and discuss issues and opportunities before they happen. A reactive response to something already completed limits the options we have when it comes to strategic planning. We seek to be your business advisor for all of your tax needs.
Tax Services
International Tax Consulting
There was once a time when international business meant corporate jets and the other excesses of some of the world’s largest enterprises. Now, anyone with a website and a digital shopping cart can find themselves facing international finance, tax, and accounting issues. Think your foreign account is too small to report? Think again. The rules differ per country but do not risk penalties! Call us any time, with even the littlest question so nothing gets out of hand. Are you withholding taxes on foreign persons? Is your income from abroad taxable? Can you or your firm benefit from one of the many tax treaties in place throughout the world? There are always new developments in international taxation. Be sure you are operating with the most current information. Our team of specialists are here to answer any questions.
Tax Services
Tax & Advisory Services
You are extremely smart but too busy running your practice to manage your tax planning. We service many professional clients and understand your complicated lives. Do you have a tax plan and other strategies in place to support your goals of providing for your children’s college funds? Funding your retirement program? Planning your charitable giving? Tax strategies cover many areas of taxation — income, real estate, and corporate. We have saved our clients money and time for over 20 years. Even when they retire and move away, they still remain our clients (long distance!). We like to think it is our sparkling charm that keeps them loyal. In reality, it’s the quality of the work.
Tax Services
IRS & State Conflict Resolution
Individuals, Multistate and Multinational corporations currently face the most challenging tax environment in history. A convergence of activities has resulted in an increase in the number and size of tax audits, assessments, and disputes with revenue authorities worldwide. When there is a dispute related to direct taxes (domestic and international) and indirect taxes (e.g., VAT and GST), as well as specialty areas such as customs, tax fraud, and white-collar tax issues, our experts can help. We focus on audit and dispute prevention techniques so individuals and businesses can structure their operations effectively and efficiently. When traditional planning fails, we leverage both traditional and new alternative dispute resolution techniques to achieve the best possible results for our clients.