Tax Planning & Return Preparation

Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.

Tax Services for Individuals

For individuals, you will receive timely, accurate tax consultation and return preparation whether you are looking for convenience in preparing a simple tax return or advice on sophisticated tax planning. We can prepare your federal and state tax returns accurately and provide timely suggestions on minimizing your taxes. We believe that comprehensive and timely tax planning is the key to lower taxes for individuals. We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify essential tax planning opportunities that minimize both your current and future tax liabilities.

Tax Services for Corporations,
Partnerships, LLCs/LLPs

Fletcher & Associates CPAs specializes in helping solve the business challenges of closely held corporations, partnerships, privately owned businesses, and publicly traded corporations. As a result, we have in-depth knowledge of our clients’ industries and have devised innovative strategies to dramatically increase our clients’ profitability. We are equipped to help strengthen their businesses by proactively advising them on the most current strategies to minimize taxes. Some of our more common corporate and business tax services include:

• Preparation of Corporate Federal and State tax returns
• Preparation of Sales and Use tax returns
• Planning / research regarding tax mitigation & deferral strategies
• Determining optimum entity structure
• Year-end tax projections and analysis
• 1031 exchanges and other real estate transactions
• Property Tax Analysis

Estates, Trusts & Gift

At Fletcher & Associates CPAs, we assist individuals and families in securing their financial future. We’ve developed a deep reservoir of experience working with clients to minimize their estate and gift taxes. With the ever changing tax climate, planning for a secure retirement is more important than ever. Your future will come, but a financially secure tomorrow requires the help and guidance of an expert. Our CPAs will analyze the various scenarios specific to your situation and then provide you with the most current advice and the most effective resources so you can make the financial decisions that are in your best interests.

Not-for-Profit Organizations

• Form 990 and 990T tax planning/return preparation
• Unrelated business income tax issues (UBIT)
• UBIT planning and exposure reviews
• Excess benefit transaction studies
• IRS penalty exposure reviews
• Executive compensation
• Mergers and acquisitions
• Formation of taxable and non-taxable entities
• Tax determination letters
• Arbitrage tax information

Tax Authority Representation

• Guidance and assistance in preparing for federal audits
• Successful representation for income, franchise, sales and use, payroll, earned income, and privilege tax audits
• Evaluation and identification of areas of audit exposure
• Settlement negotiations with field agents
• Correspondence with the IRS, or other tax authorities, in response to notices
• Documentation of supporting tax law via memorandum or opinion letter
• Isolation of the audit process through utilization of our offices
• Assistance with data collection and calculations
• Complete effective and efficient representation from assessment to appeals
• Assistance with the preparation and negotiation of voluntary disclosure agreements

Divorce and Support Issues

• Pre-Divorce Financial Counseling and Education
• Assistance with Financial Forms and Documentation
• Analysis of Financial Position and Disclosure of Both Spouses
• Review and Analysis of Proposed Marital Settlement
• Analysis of Income Tax Effects of Proposed Marital Settlement
• Forecast Short-Term and Long-Term Financial Impact of Settlement

Tax Effects of Buying/Selling a Business

Structuring the purchase or sale of a business is a critical step in buying or selling any company. Fletcher and Associates experience in this area guides clients through the acquisition/disposition process by addressing significant issues of cash flow analysis and tax considerations.