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.

 

Can I take the Section 199A deduction on my real estate activity?

One of the more impactful elements of the Tax Cuts and Jobs Act is the new Section 199A deduction...

New York State issues guidance on decoupling

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

Is the IRS calling me?

If the IRS needs to get in touch with a taxpayer, it will send a letter, not an e-mail, phone call...

1099 K – IRS relaxes reporting thresholds

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

Understanding non-profit v tax-exempt

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

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