TAX PLANNING AND PREPARATION

When it comes to taxes, both personal and business, proper planning is the key to financial success. At Barouti Financial Services, our tax professionals know how to maximize your tax benefits, while also avoiding future problems.

We take the time to understand each client's individual situation and then apply our knowledge of the changing tax environment to help you make the best business and personal decisions. We constantly monitor tax legislation, regulations and court rulings so we can provide the most effective tax planning for the future of your business or your personal finances.

We also understand the importance of filing your taxes correctly and on time. Our experts can efficiently prepare your tax return. We can then review what you've done in the past and offer ideas and options to lower your taxes in the future.

Business tax services include:

Preparation of all Federal, state and local tax returns
Entity selection tax considerations
Analysis of the tax consequences of specific transactions, including recommendations and alternatives to achieve the best after-tax results
Structuring of mergers, sales and acquisitions
Valuation of business interests
Succession planning
Planning and assistance with pension, profit sharing and other employee benefit plans
Recommendations regarding foreign tax transactions and multi-state issues
Federal and state tax credit programs

Individual tax services include:

Preparation of individual Federal and state tax returns
Analysis of the tax consequences of specific transactions, including recommendations and alternatives to achieve the best after-tax results
Personal financial planning
Estate and retirement planning
Valuation for estate, marital and probate matters