Thorough tax planning, whether for yourself or your business, is the most effective way to limit the negative impact of taxes in your life. If something has been properly accounted for in advance, it is unlikely to pose much of a problem or become a burden when the time comes.
The administration of an estate can be an overwhelming and time consuming task. The process involves not only locating and distributing assets among heirs but also preparing various reports and tax returns. KatzAbosch’s Estate Administration group has the technical expertise to lead you through the choppiest waters and steer clear of potential difficulties.
The event of a tax audit for your company or individual finances should not be cause for alarm or a reason for all other projects to be placed on the back burner. We will handle the entire process from beginning to end and do it in such a way that any interruption to your business or regular life is kept to a minimum.
When doing business across borders, or competing in several jurisdictions, complying with local tax laws, reporting requirements and statutory filings can become a full time job in itself. In addition to compliance in our world of increasing global competition, the key to success is keeping your tax strategy responsive and aligned with your total business strategy – while keeping an eye on your international effective tax rate.
State tax authorities have become very aggressive and are increasing their audit frequency. In addition, state legislators are implementing new statutes designed to close perceived “loopholes” and enhance state tax revenues. From tax planning to compliance, the KatzAbosch SALT team helps businesses identify their potential risks and take advantage of state tax opportunities based on this changing tax landscape.
At KatzAbosch, we know that over 50% of tax incentives and credits go unclaimed annually. In this fast-paced and ever-changing business environment, busy executives may overlook the multiple incentives and credits that are available to their specific businesses or industries. We want to ensure that every opportunity to reduce tax costs, accelerate deductions, improve cash flow and generate refunds is addressed.
Our professional tax consultants provide strategic planning services in a complicated tax environment.