taxplan

In today’s economy, tax planning is essential to both personal and corporate profitability. We work closely with our clients in order to anticipate and identify any and all tax-saving opportunities. This is done through our firm’s knowledgeable team of tax specialists who keep abreast of and advise clients on the numerous changes in tax laws, regulations, policies and procedures. Additionally, O’Connor & Drew distributes a free quarterly newsletter that informs and enlightens clients on both tax and money-saving issues.

At O’Connor & Drew, we provide a full range of Federal, state and local tax services, including: taxprep1

Income tax return preparation for individuals, corporations, partnerships, estates and trusts, and not-for-profit entities
Tax planning for overall and specific business transactions

Transaction Analysis for Tax and Financial Impact including:
Purchases and Sales
Reorganizations, Redemptions 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. We realize that the key ingredient to financial success is to recognize appropriate tax planning and minimize tax consequences. Let our team of professionals work with you in order to help you or your business design a specific strategy that will focus on and achieve maximum profitability.