Rochester NY CPA - Gray CPA Certified Public Accountants - Tax Planning, Asset Management, and Litigation Support
email: info@graycpa.com - telephone: 585-270-5303   

Services: Tax Planning & Management

Auditing and Accounting

< Back to Services

Taxes represent one of the two inevitables. Keeping individual and business clients from being taxed to death is one of Gray CPA's most important roles. Our commitment is two-fold: to offer clients the highest quality of professional and technically innovative advice in a timely manner and, at the same time, to build and maintain close client relationships.

Gray CPA provides clients with a full-service tax department that can handle every need from return preparation to structuring complex transactions. Our tax practice has achieved prominence for its outstanding creativity and innovation. We believe our value to you in tax related matters goes beyond a simple accounting of the facts and figures.

We offer creative tax planning strategies that compliment short- and long-term objectives and will minimize the total tax burden of companies, owners, key employees, and families. We will also advise you on appropriate courses of action in response to changing tax laws. We like to create history rather than record it, and we concentrate on responding to your needs. Mere compliance with the ever-changing tax laws is challenge for some, but it is only the beginning at Gray CPA. Tax planning and preparation form a winning combination for our successful individual and business clients . Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation. Here is a brief summary of our tax planning and management services.

The Comfort of True Expertise

In the last few years, there have been thousands of changes in the federal income tax code, as well as correlative changes among state and local taxing authorities. Virtually every day new proposals and pending legislation appear that can radically alter business relationships, decrease profits, and open traps for the unwary.

We offer shelter from the storm of inaccurate and careless advice because our tax practice exists to provide clients with the right answers to all their tax questions. Our clients have come to rely on our reputation for impeccable accuracy, and we act as a safe haven for them during the turbulent times of tax reform. When clients receive “clearance” from us they can proceed with confidence and security because their tax needs have been accurately and faithfully addressed.

Our fees are not the lowest, but we are the lowest cost because we pay for ourselves through long-term tax savings.

Tax Planning

Minimizing your tax liability begins with a professionally prepared tax plan. Your tax plan, however, is not a document to be put away and never looked at. Rather, it is dynamic and should be reviewed and updated on a regular, scheduled basis. We believe that tax preparation and planning is an ongoing process, not just once a year. Your personal or business financial situation may change regularly, and tax laws are always changing, requiring periodic adjustments to your tax plan.

Business Tax Planning

Critical business decisions almost always have tax ramifications which require top-notch tax advice. We are small enough to bring personal tax guidance to a business and its owners, while offering all of the relevant services of our national competitors.

Frequently, the difference between a good business deal and a great one is the tax cost. Your business objectives can usually be met in a number of ways. Since tax costs are rarely the same, traps must be avoided and alternatives anticipated. We specialize in removing tax barriers from business goals, and help you plan your overall business structure and operations to minimize taxes.

What gives our tax professionals the ability to solve business problems and achieve visible results? Dedication and talent. We are dedicated to our clients' needs, responsive to their questions and bring a sense of urgency to the tax concerns most important to their business and personal objectives.

We have the experience to lead, not follow, in the search for innovative and practical solutions to tax problems brought on by constantly reformed laws, changing business needs, and the desire to offer more to our clients in the highly unstable world of tax legislation.

Gray CPA takes this concept one step further; we understand the unique challenges facing business owners and the importance of balancing their total tax burden - corporate, personal and estate taxes. Clients benefit from this experience, advanced planning, and our ability to help them integrate various tax strategies for optimal results. We listen to your ideas and tailor an individualized plan to help you achieve your goals. We will help you balance your desire to keep your tax liability to a minimum with the need to meet necessary financial obligations.

Tax Return Preparation

For many people, preparation of annual tax returns represents their only accounting service. Often, we find that such people are cheating themselves. With professional planning assistance during the year, they may reduce their tax liability considerably. Tax preparation should be just one aspect of an effective tax program.

An often neglected area, the proper preparation of tax returns has come to the forefront of tax practice because constantly changing tax laws make proper reporting a challenge. Reliance on software packages is not adequate; only the thoroughly dedicated professional advisor can keep up with the rapid pace of the tax law. An aggressive approach to tax compliance is only half the battle; a proper and adequate return is required to avoid unnecessary audits and communications. We feature state-of-the-art tax preparation systems and reviewers who verify that returns are properly completed.

Tax Management

A professional tax management program involves monitoring your business or personal affairs to assure that you are paying no more that you truly owe. A tax management plan may also involve selection of tax-advantaged investments. We will review your tax plan on a regular basis to be sure that you are following it, and make continual recommendations for improvement.

Tax Representation

Income tax examinations by federal and state authorities, as well as sales tax, social security, unemployment insurance, and regulatory audits are a fact of business life. We offer expert tax representation before all governmental agencies to ensure that your case is properly advocated by professionals with superior accounting, tax and negotiating skills. During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.

Tax Impact of Retirement Plans

Each retirement plan has a different impact for the participant (employee) or sponsor (employer). Gray CPA works with clients to structure plans so they provide maximum advantages for both parties.

Individual Tax and Estate Planning

We offer tax guidance for the accumulation of personal wealth and its transmittal to family members and beneficiaries during their lifetimes, and through the administration of estates. The successful approach to individual tax and estate planning requires highly trained and experienced tax professionals who are familiar with all aspects of a client's business, his/her family and investment objectives, individual taxation, and estate planning. We look at the big picture, and then create estate plans and strategic income tax plans which take into account your situation.

Sunday, May 28, 2017
Home | About Us | Services | News | Newsletters | Contact Us
Website Maintenance and Hosting - IB Design Studios