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Tax Planning & Projections

Tax Planning Projections

Knowledge-based tax planning and projections provide financial advantages for all of our successful business and personal clients at Ramsay & Associates. Tax decisions and tax planning affect many long and short-term decisions that you make as a business owner. Our professional team strives to identify your opportunities, meet your challenges and take into consideration the ultimate affect each decision will have on your company and its financial wellbeing.

At Ramsay & Associates, we combine our training and experience with current technology and processes to take a proactive approach to tax services. By keeping current on new tax law and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities and position your business for success.

Our accountants utilize their expertise and industry knowledge for tax planning throughout the year so that our clients are fully prepared for tax season — with no surprises. We prepare professional tax returns for a wide variety of entities, including corporations, partnerships, trusts, estates, individuals and not-for-profit organizations.

Comprehensive Tax Services to Meet Your Every Need

Brady and AssociatesCorporations

Corporations have strict reporting requirements and need supporting documentation. There is more to preparing a corporate tax return than entering the numbers in a tax software package. Ramsay experts attend continuing education seminars and maintain quality control standards to ensure the accuracy of your corporate return.

LLCs and LLPs

Reporting requirements for Limited Liability Companies and Limited Liability Partnerships are also rigorous, so accurate supporting documentation is also necessary for their tax returns. The process of preparing a tax return for LLCs and LLPs is very involved, and utilizing the knowledge and experience of our team of experts at Ramsay is a big advantage in these situations. Our accounting professionals stay current on tax law that affects these entities, ensuring the accuracy and thoroughness of your partnership return.

Partnerships

Partnerships are complex entities and taxes for partnerships are even more complex. This is an area of tax law that requires up-to-date knowledge to ensure accurate preparation of your return. Tax filing documents needed to prepare a partnership tax return include: profit & loss statement (income statement), balance sheet, asset records, business use of home documentation and depreciation schedules. Our team of experts can provide all of this for you in a timely and accurate manner in accordance with strict reporting requirements. 

Estates, Trusts, & Gifts

This is a unique part of the tax law that needs the specialized expertise Ramsay & Associates has to offer. We work closely with attorneys to help you take advantage of the estate tax laws and maximize your benefits. Gifts and trusts can be used to take advantage of protecting your lifetime assets as well as providing means for passing your assets to your heirs with as little tax effect as possible.

Individuals

A business tax return can affect your individual return so much so that we recommend preparing both returns simultaneously. Tax law is complicated, and it’s easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there is no substitute for the assistance of an experienced tax professional.

Not-For-Profit Organizations

Not-For-Profit tax returns can be quite complicated, and can benefit from experienced help to be sure they are completed properly. These organizations need extensive documentation due to their strict reporting requirements. Working with accounting experts in these situations offers a big advantage and ensures accuracy and attention to detail. Our qualified experts attend continuing education seminars and maintain quality control standards to ensure the accuracy of your not-for-profit return. 

 

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