Tax Planning & Preparation
Tax changes implemented by the recent tax acts have made the tax code more complicated then ever. However, it also made available more opportunities to save money with proactive tax planning. Our strategy for minimizing tax liability is to work with our clients during the entire year, not just at the end of the year. We can provide guidance on the tax impact of financial decisions for businesses and individuals.
Areas in which CAS is particularly strong include choosing the best form of tax entity for your business (such as LLC, S-Corp, sole proprietorship, etc.) and structuring the best employee benefit plans. CAS can guide you through the various pension plans, cafeteria plans, flex spending and dependent care plans so that you will receive a customized product that meets your needs. We can also help you plan for executive compensation, set up your books and procedures properly, and prepare all required tax returns.
Our tax department is available year round to assist you with important decisions such as retirement funding options, or timing the sale of real estate and investments to obtain the best tax result. We can prepare tax returns for individuals and trusts as well as prepare state tax returns for any state in the country.