Professional tax planning and preparation

Professional tax preparation and planning can help minimize current and future tax liability. We have the experience to advise on tax issues for all forms of business entities.

Income taxes:

  • Individual Form 1040
  • Corporate Form 1120, 1120s
  • Partnership Form 1065
  • Schedule K-1 preparation
  • Schedule C preparation
  • Estimated tax payments
  • 1099 filings

Planning

  • Deductions analysis
  • Tax efficient retirement products
  • S-Corp elections
  • Section 179/bonus depreciation
  • Available tax credits

Sales Tax:

  • Nexus analysis
  • State registration
  • Exemption certificate management
  • Calculation & filings
  • Software implementation & consulting

Would you like to arrange a free consultation?

Your time is valuable. We would welcome a few minutes to discuss your specific needs.

 

Beneficial Ownership Interest (BOI) Reporting – updated reporting requirements

May 11th, 2025 As part of ongoing efforts to combat illicit financial activities, the U.S....

New York State issues guidance on decoupling

Many of federal changes associated with the Tax Cuts and Jobs Act (TCJA) will flow-through to...

1099 K – IRS relaxes reporting thresholds

December 6th, 2024 The Internal Revenue Service has just issued Notice 2024-85 providing...

New York Sales Tax 101

The New York State (NYS) sales tax is a consumption tax imposed on the sale of most tangible...

IRS beefing up Cryptocurrency reporting in attempt to close the tax revenue gap

Cryptocurrency transactions have historically been underreported, leading to a significant loss in...

My wife and I have been taking advantage of Russell’s help for better than 5 years now. 

Russell answers questions in a way that’s easy to understand, is timely and gets it done right.  For a reasonable fee. Give your tax headaches to Russell and sleep better!

Ron Clothier

Owner, Clothier Transmission and Traction Products, LLC

©2025 Russell Green