Tax Planning & Compliance Services

Bailey & Utley recognizes the specialized tax needs of the individual and business. Often the individual tax situation relates to the business.

The following are tax services that we provide:

• Income tax return preparation for individuals, partnerships, corporations, estates and trusts
• Income tax planning and projections
• Multi-state tax preparation and planning
• Assistance in selection of business entity-partnership, C corporation, S corporation, LLC, sole-proprietorship and retirement planning, etc.
• Assistance in structuring tax-deferred exchanges of real estate
• Preparation of information returns for non-profit organizations
• Representation before the taxing authorities

Tax planning involves conceiving and implementing various tax strategies through a proactive approach that minimizes the tax consequence in a given tax year. Lower tax liability frees up money for other resources whether it be for business expansion or discretionary spending.

Tax planning is accomplished by ongoing communication, contacting the office mid-year and near year-end allows for implementation of tax saving strategies for year-end.