Business Tax Planning
Business Tax Planning Services
We monitor the accounts receivable of the business to discern if any amounts that may become partially or wholly uncollectible during the tax year.
Assistance in the recovery of a portion of amounts spent on machinery, equipment, buildings, and other assets through depreciation deductions
Net Operation Loss deductions (NOL)
We help businesses carry back a net operating loss (NOL) to offset taxable income for the two preceding tax years and help business to secure a refund of taxes paid for those years to which the asset is assigned under the Modified Accelerated Cost Recovery System (MACRS).
For S corporation shareholders, we assist with the deduction of allocable shares of the corporation’s net operating losses