Tax Planning and Preparation

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In today’s challenging economy, tax planning is essential to both personal and corporate profitability. O’Connor & Drew, P.C. works closely with our clients in order to anticipate and identify any and all tax-saving opportunities. This is done through our knowledgeable team of tax specialists who keep abreast of and advise clients on the numerous changes in tax laws, regulations, policies and procedures.  At O’Connor & Drew, P.C. we provide a full range of federal, state, and local tax services, including tax planning for overall and specific business transactions, and:

Income Tax Return Preparation for:

  • Corporations
  • Estates
  • Individuals
  • Not-for-profit organizations
  • Partnerships
  • Trusts

Transaction Analysis for Tax and Financial Impact, including:

  • Purchases and Sales
  • Reorganizations, Redemption and Liquidations
  • Selection of Entity Type
  • Timing Issues
  • Suggested Structuring of Transaction to Minimize Taxes
  • Planning and Assistance with Pension, Profit-sharing and Other Employee Benefit Plans
  • Valuation of Business Interests
  • Preparation of Subchapter S-corporation Applications
  • Recommendations Regarding Foreign Tax Transactions and Multi-state Issues
  • Tax Research
  • Representation Before the IRS, State and Local Department of Revenue
  • Multi-state Tax Issues
  • Income Recognition
  • Sales and Use Tax
  • Personal Property Tax
  • Nexus Considerations
  • International Tax Issues
  • Request for Letter Rulings and Technical Advice

Both new and aspiring business owners and established corporations can be assured they will receive exceptional and knowledgeable tax advice from the professionals at O’Connor & Drew, P.C. We realize that the key ingredient to financial success is to recognize appropriate tax planning and minimize tax consequences. Let our team of tax professionals work with you in order to help you or your business design a specific strategy that will focus on and achieve maximum profitability.

Lauren A. Carnes 214x300 Contact Lauren Carnes, CPA, Tax Principal at lcarnes@ocd.com or 617.471.1120 to discuss your tax needs.

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