Tax Planning and Preparation

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