Since our inception, the cornerstone of our practice has been our individual, corporate and estate tax practice. While there continues to be a growing demand for tax simplification of the Federal Tax Code, at the present time the Tax Code continues to be as complex as ever built on a foundation consisting of layers upon layers of complicated amendments and revisions over the years. While the complexities of the Tax Code provide obstacles and pitfalls for some, when properly interpreted and managed, it also provides opportunities for others.
As seasoned tax professionals, we have the unique ability to draw on our many years of formal education and practical tax experience to identify and seek out cost-effective and practical tax savings opportunities for our clients, when those situations present themselves.
One of the keys to our firm’s success over the years has been with our ability to accomplish two goals in working both with and for our clients:
- Working with our clients, we develop both a short term and long term tax strategy by taking advantage of opportunities within the framework of the Tax Code to the extent where possible to minimize tax liability.
- We pride ourselves on the both business and personal relationships we have developed with our clients over the years. Our firm strives to address very complex corporate and individual tax issues facing our clients and explain those technical issues in a manner a non-CPA can clearly understand. Our clients over the years have welcomed and grown accustomed to this approach.
Our professionals work with both corporate and individual tax clients to develop a tax plan that is specific to the needs of the client. Our experience has taught us that both short and long term tax planning is critical factor in helping our clients achieve their financial goals.
The tax services our firm is capable of providing include, but are not limited to the following:
Individual Tax Services
Federal and State Tax Preparation Our firm professionals draw on many years of experience in preparing federal and state personal tax returns in an accurate, personal and efficient manner. Our day to day experience with the more complex issues in the Tax Code such as Incentive Stock Options (ISO’s), Non-Qualified Stock Options, rental properties, sales of business property and self-employment income ensures your return will be prepared by a tax professional knowledgeable with even the most complex tax issues.
In additional to the above, our firm is capable of preparing both MA Resident, Non-Resident and Part Year tax returns as well as state returns for all other states including NY, CA, ME, VT, NJ, CT .
Brayman, Houle, Keating & Albright, PLLC is an authorized E file provider by the Internal Revenue Service.
Tax Analysis and Planning – Working within the provisions of the federal and state Tax Codes we develop tax plans for clients aimed at maximizing opportunities with a goal toward reducing their effective tax rates through a variety of tax strategies tailored to match the individual tax needs and objectives.
Corporate Tax Services
Federal and State Tax Preparation – The increasing complexities of both the federal and state tax laws require the services of individuals who command an intimate working knowledge and understanding of the Tax Code. With the tax laws varying greatly from state to state, we assist our clients in navigating the complex maze of both single and multi-state tax laws and regulations to ensure that your returns are prepared in an accurately and timely manner.
Transaction Analysis – In additional to short and long range tax planning our firm is capable of assisting clients in analyzing and evaluating the tax implications of a variety of individual transactions. From calculating the tax implications of a real estate sale or purchase or reviewing the tax impact of a business purchase or sale, our tax professionals can provide valuable assistance in structuring major transaction that impact your business in a tax efficient manner.
Multi-State Tax Compliance – In an increasing effort to generate tax dollars at the state level, we are continuing to see many states expand their definition of “nexus” or “business presence “ in their respective states. The establishment of “nexus” requires companies (and sole proprietors as well) to file not only a state corporate (or individual) return in that state but also prepare and file sales tax returns (where applicable) in those states as well.
Our firm has extensive experience in dealing with multi-state corporate, individual and sales tax issues and can provide assistance to your business in this very difficult area.