Services

We have many years of experience in assisting our clients with developing plans and strategies to minimize tax burdens as much as possible. A full understanding of a client's proposed transaction along with pre-transaction planning can yield significant tax savings. We encourage our clients to consult with us prior to engaging in significant transactions so that we can assist them with minimizing associated tax costs. We also strive to be proactive for our clients, contacting them regarding changes in the myriad tax laws and regulations that may affect them, as well as planning opportunities that arise.

Our experience with the taxation of U.S companies doing business abroad, U.S. residents working abroad, foreign corporations doing business in the U.S. and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation. In many instances international tax treaties define how income is taxed between the U.S. and foreign tax jurisdictions, and which country may tax the income. It is essential for any U.S. company or individual considering doing business in or moving to a foreign jurisdiction, as well as any foreign company or individual considering doing business in the U.S., to fully understand the tax implications of such a move in advance. We can assist in this critically important planning.

Tax compliance covers all areas of tax return and tax information reporting. We prepare returns for all entities, including corporations (regular and S corps), partnerships, individuals, estates and trusts. We know the information reporting requirements for foreign entities and structures, whether foreign trusts, corporations, partnerships, or other foreign investments, as well as compliance reporting for foreign accounts and foreign financial assets. In many instances, there is no U.S. tax associated with a foreign structure or business, but the failure to properly report the foreign relationship can result in civil penalties in the tens of thousands of dollars. We know what needs to be filed and when it needs to be filed. Delinquent compliance and reporting can entail very significant penalties. We can assist with coming into compliance and minimizing non-compliance penalties.

Our advisory services are enhanced by the significant operational experience of our staff. Our experience is practical because we have been there.

These services include but are not limited to:

• Entity selection and restructuring
• Preliminary business valuations
• Financial forecasts and projections
• Debt and financing advice and structuring
• Mergers and acquisitions
• Private placements
• Transaction structuring and negotiations
• Business succession
• Internal control review and analysis (but not opinions on internal control procedures).

We provide assistance with:

• Accounting system design and installation
• Financial statement analysis
• Cash flow analysis

Regarding bookkeeping or payroll services, we have found that such services can be provided more efficiently and at lower cost by experienced bookkeepers and/or service bureaus specializing in those areas. We refer our clients to very competent service providers and we work closely with those assisting our clients.

Increasingly, wealthy foreigners are seeking to immigrate to the U.S. for many reasons. They may come through the EB-5 program, or through business or personal affiliations. It is essential for any foreign person with substantial wealth, foreign investments, or foreign business interests, to understand the U.S. tax structure, the compliance requirements of U.S. reporting, and the potentially onerous penalties for failure to comply, prior to coming to the U.S. As well, available asset protection strategies should be considered prior to U.S. immigration. We can provide advice and assistance with these important issues.

Since our practice is so heavily focused on tax and financial advisory services, we have elected to forego providing financial statement audit and review services. If such services are requested we can refer our clients to other firms who regularly provide those services and we can assist with the implementation.

The number of taxpayers who are electing to expatriate and leave the U.S have been increasing substantially. The reasons for expatriation vary, but expatriation requires a careful analysis of the potential tax consequences, both immediate and on-going, prior to the decision to expatriate. We are experienced in assisting clients who have made the decision to expatriate, providing guidance in the process as well as the tax impact their expatriation may entail.

Our litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. In some cases, a well-developed and properly supported financial analysis or valuation will facilitate mediation settlement and help to avoid litigation. We can also provide expert witness testimony.

Individuals and businesses are becoming more and more concerned about the increasing litigation directed toward those who are successful. It is a fact of life that it is absolutely necessary to structure personal and business affairs to maximize the protection of wealth and to minimize, to the extent possible, exposure of that wealth to litigation loss. Asset protection extends from the simple domestic limited liability company to multi-faceted off-shore trusts or other vehicles. We have extensive experience in assisting our clients with conceptualizing and implementing sophisticated, and very effective, asset protection structures. We also provide the necessary annual compliance services related to such structures. We work closely with domestic and international attorneys in this area.

Professional representation is vital during an audit by a tax agency. Taxpayers should never handle a tax audit on their own. Our experience with federal and state tax authorities enables us to assist clients in resolving their problems with such agencies. If you have been chosen for an audit, we can represent you. In almost all instances it is not necessary for clients to have any personal contact with tax examiners.

We can provide CFO and/or Controller services on a temporary basis for your business. Our extensive experience in industry provides the platform that enables us to make a meaningful contribution to your management team. Interim services will allow you to obtain the services of experienced professionals who can assist you with many areas of your business without having to make a long-term commitment for such services.