WFFA is committed to understanding each client’s business and financial goals so that we may work with them to minimize their tax liabilities. Our tax professionals are up-to-speed on the latest federal, state and local reporting requirements and will provide you with the peace of mind that your filing requirements are being met in a timely, accurate manner. A summary of our some of our tax services offered include:
TAX PLANNING & PREPARATION
Our firm offers professional preparation of federal, state, and local tax returns for businesses, individuals, estates and trusts, and non-profit organizations. Proper planning can defer and minimize tax liability. Whether you are an individual, corporation or a multi-tiered partnership, our staff can develop strategies to take advantage of new tax laws and legislation.
ESTATE & TRUST TAX
Estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of a business and other assets.
IRS AND STATE/LOCAL REPRESENTATION
Our firm has an in-depth knowledge of the tax laws followed by the IRS as well as state and local taxing authorities. We provide complete representation services and will negotiate Offers in Compromise with the IRS.
SALES TAX SERVICES
We assist in the compilation of information and preparation of sales tax returns for clients who are responsible for collecting and submitting sales taxes.
An asset protection or wealth preservation plan makes the enforcement of judgments against protected assets nearly impossible. It makes it possible for the owner of protected assets to retain substantial control over these assets. Our firm can assist with an asset protection plan that may include family limited partnerships or offshore trusts.