We offer tax consultation and tax preparation services to individuals and businesses including multinational corporations and individuals with international tax issues. Our motto is “Keep It Simple, Keep It Accurate And Save Clients Tax Dollars Through Proactive Tax Planning”.
We work with you to understand your unique tax situation and then assist you with your accounting and tax needs. We are always available by e-mail or by phone if you have any questions.
Individual Tax Preparation
We have mastered the new tax laws applicable to tax years starting 2018. We will advise you on tax planning for 2018 when we prepare your 2017 tax returns to get you maximum in tax savings now and going forward.We advise you on best tax strategies, maximizing the size of your refund and minimizing the personal income taxes you pay to the federal and state governments. We save time, money and headaches by doing the heavy lifting for you. Of particular interest are high net worth individuals, those with business interests, and/or those with international tax issues.
MLCPAS has a special focus on high net worth individuals, those with businesses, and/or those with international tax issues. We help individuals file their personal tax returns (including expatriate tax returns), with many individuals having high incomes, stock options, small business income (Schedule “C” / S-Corp), income, etc. Our goal is to make filing your personal taxes easy and efficient.
Addressing the special needs of High Net Worth Individuals
High Net Worth individuals have unique tax issues, especially in high-tax states like New York. We stay abreast of all the current laws, so that we can get you the most in tax savings. We give special emphasis to mid-year and year end tax planning to help you structure your transaction in a tax efficient manner.
Personal Tax Preparation Issues: Expatriate and International Tax
New York is an international city. It’s not uncommon for an individual to have tax exposure not only to New York, but also other states, not only to the United States, but to UK, Russia, Canada, India and other countries. This may require them to have multi-state tax filings. We assist individuals with expatriate tax preparation, and all types of international tax issues. Correct compliance and tax minimization are more complicated than ever: be sure to work with a firm that specializes in international tax for individuals.
Small Business Tax and Advisory Services
We have mastered the new tax laws applicable to businesses starting 2018. We will make sure you choose the right business entity structure now and going forward to minimize your tax impact and maximize your tax savings under the new tax laws.You can rely on us to provide you with best advice on entity formation, tax planning strategies, retirement planning and wealth management. We prepare your books on the monthly/quarterly basis, prepare your year-end business, individual, trust and partnership tax returns.
To streamline accounting for our business clients, we use Quickbooks online. We are Quickbooks Proadvisors and assist our clients with all aspects of accounting, payroll and sales tax.
