Our tax services are specific to entrepreneurs, business owners and their families because we recognize that they have unique/complex needs and requirements in the area of taxation. Taxes are a substantial current and future expense for your business. They must be minimized.
To minimize taxes you cannot just look at the past and prepare a tax return based on what already happened. That just tells you what you owe. You never know how low your taxes could have been.
We take a very different approach to tax services. Instead of just preparing your tax returns from past information, we create your tax return by a future-looking process called tax planning.
Tax returns and financial statements tell us what a blueprint tells an architect. After reviewing your tax returns and financial statements, we will speak with you and, if possible, see the business to fully understand it. Upon fully understanding your business, we will learn what you want to accomplish for yourself and your family. We then create an overall tax strategy to both achieve your objectives and pay the absolute minimum allowable tax. As the year progresses, this will be monitored through regular communications.
As we work with you we stay focused on the results of the business relative to your objectives and how if effects our tax and business strategies.
By working with us you will know:
Tax planning is a year-round process. It is important that you have a CPA who is committed, knowledgeable, and proactive to discuss your tax, business, and financial concerns with.
Michael Russo & Company provides and has extensive experience in the following service areas:
In the following tax categories:
Give us a call to discuss which tax service is right for you. We can be reached at (818) 501 – 6644.