TaX PREP

When you have your returns filed, it's important to make sure all of your income streams and deductible expenses are accounted for. Our tax professionals will help you file your returns and be prepared for any situation you may encounter. Every service is backed by our quality guarantee. Whether you need help with state returns or federal returns, our professionals are ready to provide the assistance you need.

We can help with:

LLC taxes

What makes LLC rules and regulations unique is they are protected from double-taxation through a concept known as pass-through. In other words, they do not pay business income tax. Rather, the LLC owners only account for their share in the profits, and commonly include a Schedule E.

S-corp and C-corp

C-corps (or simply corporations) are designed to provide some of the strongest liability protections available to aid in long-term growth. However, C-corps are subject to double taxation; that is, taxes on business income and distributions to owners/shareholders.

S-corps are designed to provide liability protection to the C-corp while also avoiding double taxation. S-corps give owners an opportunity to pass through their profits (and some losses) to their shareholders. However, S-corps are often size-limited to 100 shareholders or less. Also, many states do not recognize them at all and treat them as C-corps regardless. Family Tax professionals will provide assistance tailored to your specific state.

Estate Succession Planning

Passing on power or assets to a new entity is an extensive and often exhaustive process. There is an in-depth list of legal documentation required to make the transition as easy and straightforward as possible. The documents are also designed to protect the owner and the successor, ensuring the transition still happens even if the current owner passes away or cannot speak for themself. Our experts will ensure you have everything you need.

State and Local Taxes

Every state has its own codes and regulations. All of our products and services are designed to ensure you get the most in-depth help available in your state. We will help you understand how the regulations of your specific state work, and what you will need to avoid any major hiccups or audits at the end of the tax year.

Non-Profit Taxes

Non-profits are exempt from federal taxation. However, many still have to disclose their expenses and financial standing via Form 990. A Family expert will make sure you are using the proper filing method and you disclose all of the proper information when it comes time to file.

Tax Prep For Businesses