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.

         

        Understanding non-profit v tax-exempt

        Your New York corporation may be organized as a nonprofit, but you will need to obtain tax exempt...

        Beneficial Ownership Interest (BOI) Reporting – updated reporting requirements

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

        Updated 1099 Reporting Requirements Under Public Law 119-21 (OBBB)

        November 14, 2025 There are significant changes to information-return reporting requirements under...

        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...

        Summary of New IRS Changes – “The One Big Beautiful Bill” (OBBB)

        November 14, 2025 On July 4, 2025, President Donald Trump signed the nearly-900-page One Big...

        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