Would you like to cut your taxes?
You can, you know. Every taxpayer can – by taking
the deductions and credits available in the law and planning
transactions with the tax consequences in mind.
You’ve undoubtedly heard the saying “it’s
not what you know but who you know.” Well
that’s very true when it comes to successfully managing
your taxes. Because to minimize your taxes you need to
know the rules. And the rules tend to get more
complicated every year so it’s best to know someone who
knows the rules – like a good CPA. Then use the
rules to take advantage of year-round tax planning
We at Payne & Henderson, CPAs know that tax planning is a
year-round endeavor if you want to achieve the maximum in tax
savings. A CPA can be a valuable partner in helping you
to develop a tax plan, thereby keeping your tax bill to a
We can work with you to access your tax situation and to do
any tax planning that is necessary to minimize your
taxes. We can also help you with all local, state and
federal tax filings. We’d like to offer our
assistance in the preparation of your tax returns and with
the developing of a tax plan specific to your business and
Our firm offers professional preparation of all federal,
state, and local tax returns at competitive, affordable
rates. We continuously monitor federal, state, and local tax
law changes to allow its clients to minimize current and
future tax liabilities. If necessary, we can implement
tailor-made due-date tax compliance monitoring systems to
prevent costly interest and penalty assessments attributable
to late filing. Of course, we offer full tax preparation and
We specialize in preparing your taxes quickly and
painlessly, and will ensure you receive all the deductions
you are entitled to. We are always available to help you
with your tax planning needs to help you lower your taxes
and avoid surprises during the tax season. And in order to
speed your refund, we can file your return electronically
to the IRS and state tax boards.
Careful tax planning is the most essential step in
preparing our clients' income taxes, and by minimizing
taxes we strive to improve our clients' profitability.
Whether you are a large firm or small, established or
start-up, we will find the best possible strategies for
reducing your tax liability within the limits of the law.
Estate, Gift And Trust Tax Return
Our firm provides expert preparation of federal and state
estate, gift, and trust tax returns. We endeavor at all
times to protect your heirs from the unneeded emotional
devastation that can be caused by estate tax levies. We are
also available to advise you in your estate planning needs,
including business succession plans and gifting strategies.
Sales Tax Services
Many of our clients are responsible for collecting and
submitting sales taxes in many different locations. We can
assist your company in the compilation of information and
preparation of sales tax returns in an efficient and timely
As a business grows, it must hire more employees, which can
result in increased payroll administration. We can assist
you in implementing the controls necessary to ensure a
reliable, efficient, and effective payroll system. Our firm
can also help you develop a payroll system and prepare all
necessary payroll tax returns in a timely manner.
Tax planning is an essential element of the tax preparation
process. By making tax planning part of your overall business
strategy, you can use our experience and access to the most
current new developments in the tax laws to minimize both
your current and future tax liabilities.
Employee Benefit Plans
The accounting and tax issues involved with
employer-provided benefit plans can be overwhelming. We can
assist with the development, implementation and
administration of your employee benefit plan.
Pension & Profit Sharing Plans
Qualified retirement plans (e.g. defined-contribution or
defined benefit plans, Keoghs, SEPs…) can provide
significant tax advantages for closely held businesses and
self-employed individuals. Our qualified staff can assist
you in evaluating the type of pension plan that will best
serve the retirement needs of you and your employees.
Effective estate 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 your business and other assets. For
business owners, providing for business continuity and
succession of ownership is essential. We can guide you
through the complex process of getting your financial
affairs in order.
Successful implementation and periodic review of your
financial plan will ensure financial independence during
your working years and through your retirement years.
Business Succession Planning
Effective coordination of the transition of your business
to your successors is critical to ensure its continued
success once you decide to remove yourself from the
company's day to day operations. With a solid
background in tax and other financial matters, we are fully
qualified to address the complex issues of business
continuation and can assist you in developing a
strategically sound plan.
Buying & Selling a Business
Structuring the purchase or sale of a business properly is
a critical step in the process of buying or selling a
business. Our competent staff has experience to guide you
through the acquisition/disposition process by addressing
such issues as cash flow analysis and tax considerations.
If you have any questions, please give us a call or
here for our contact information.
Tax Service Inquiry