Two key components of the tax services provided by WZ are:
Corporate Tax Manhattan
Out of the Box Thinking
Out of the box tax thinking means using all legal and accepted means to reduce a client’s tax liability. Corporate Tax Manhattan. Too many accounting firms view the tax code in a flat, one -dimensional manner. They miss tax saving opportunities for their clients because they fail to look beyond the obvious, to look outside the box where enormous opportunities to retain wealth often reside.
Being Proactive
To many accounting firms being proactive means anticipating reporting and filing deadlines and meeting them. Although crucial to accounting competence, anticipating and meeting deadlines falls far short of meeting the expansive standard of being proactive. A proactive tax service anticipates what’s emerging on the horizon, and doesn’t just file returns according to what’s happened in the past.
We believe forecasting, structuring business entities and estates with a view to future developments and planning are key elements of being proactive.
Out of the box thinking in combination with being proactive is a powerful formula for reducing tax liabilities and preserving client wealth.
Corporate Tax Manhattan:
- Tax Structuring of Acquisitions and Dispositions
- Tax Planning
- Tax Projections
- Tax Preparation
- Tax Audit Representation
- Sales Tax Services
- Corporate Tax Melville NY
Here’s the bottom line. When it comes to tax liabilities, the absence of out of the box thinking and being proactive will inevitably cost you money!
A business owner asked his attorney to secure a second opinion for a tax return that involved the sale of his business. WZ was retained. WZ discovered a critical error in the draft return and developed an alternative method of allocating the purchase price over the assets that were sold. The client saved $550,000 in taxes!
Other Services & Solutions Include:
Visit our set of Financial Calculators for quick answers on topics such as your IRA, investments, your child’s college tuition, and your mortgage or credit card calculations.