Tax Preparation SalisburyAt Alan F. Burke, CPA, PA, we work side-by-side with our clients and tailor our services to fit their specific needs. We combine personal attention and access with the highest levels of technical expertise and specialized knowledge. Timely communication and responsiveness are hallmarks of our client relationships. All of these attributes support our objective of helping you reach your financial goals.

We pursue excellence by staying on top of current developments and technologies. We stay abreast of industry issues and observe the marketplace so we can analyze and provide service and advice tailored to your specific needs and goals. We use our experience and resources to develop industry insights and specialized skills that allow us to bring maximum value to your projects. Together, all of these factors allow us to deliver superior service and act as a trusted business advisor.

A detailed listing of the services we provide is set out below. Take a look at what we have to offer and how we can help you or your business.

Tax Services Salisbury

At Alan F. Burke, CPA, PA, we assist our tax clients through efficient compliance and effective planning to help them realize substantial savings. We use a team approach and focus on timely communication to provide our clients with excellent service. Tax partner and specialist involvement ensure that our clients receive the most experienced technical expertise we have to offer.

We offer the following tax services:

Federal, State, and International Business Tax Services

Tax Return Compliance

Preparation of federal, state, and international tax returns is the core of our tax services. High levels of technical and industry-specific expertise allow our tax professionals to ensure our client’s tax returns are prepared efficiently and in a timely manner.

Transactional Structuring

We help businesses structure economic transactions in ways that minimize the tax impact by advising them on acquisitions, sales, and mergers.

Accounting Method Reviews

We review businesses’ tax accounting methodologies for proper accounting and accounting method strategies to maximize income tax benefits.

Transfer Pricing Studies

Our transfer pricing specialists can provide your business with consultations and studies to assist you with determining appropriate “arms-length” pricing among related companies.

State and Local Tax Specific Services

Nexus Consulting and State Tax Liability Analysis

We can help you understand and navigate where your business is required to file and pay state and local taxes based on multi-state activities. Additionally, we will make recommendations of where to file and quantify potential tax liabilities associated with various state and local jurisdictions.

Sales and Use Tax Determination

We can assist you in understanding the sales and use tax consequences of specific transactions and ensure you meet any filing requirements.

Tax Planning Services

Federal Income Tax Planning

We aid businesses with all aspects of federal income tax planning. This includes implementing federal income tax strategies that maximize savings, increase profits, and manage cash flows.

State and Local Tax Planning

Our team understands the structural and transactional underpinnings of state and local regulations in ways that allow us to create solutions that mitigate tax liabilities. We provide state and local tax planning in the following areas:

  • Income tax
  • Franchise tax
  • Sales and use tax
  • Property tax
  • Other miscellaneous taxes

Business Succession Tax Planning

You spent your life building your business, and now you want to pass it on to the next generation or sell the value you built. We advise businesses on the proper succession planning to preserve your family and business legacy while also looking out for potential tax consequences that may result.

Other Tax Services

Accounting for Income Taxes

Financial accounting for income taxes can be complex. Our professionals have the technical skills and experience to help our clients navigate through these complex requirements and create efficient income tax accounting and reporting. We also help companies stay up-to-date with regulatory guidance and disclosure requirements. The services we offer allow our clients to minimize year-end surprises and reduce risk related to reporting. These services include:

  • Calculation of tax provisions
  • Account for uncertain tax positions
  • Analyze current and deferred taxes
  • Prepare financial statement footnote disclosures

Tax Updates

We keep our clients up-to-date on the latest federal, state, and international tax issues through webinars, newsletters, website postings, and face-to-face meetings. By staying ahead of tax issues, we can communicate how they will impact your operations quickly and address them in a timely manner.

Individual Tax Services

When it comes to individual taxes, change provides opportunity. We keep on top of these changes to provide you with the best advice and strategies, especially through planning opportunities. You can depend on us for objective guidance and personal attention. We believe in focusing on your long-term financial goals and steering your current needs in a direction to meet them.

Tax Returns Salisbury

If you have not considered what will happen to your hard-earned assets as you age and eventually pass on, you should. Without an estate plan, the wealth you worked your entire life to build will be distributed according to state law and not according to your wishes. Estate planning is crucial if you want to minimize taxes and distribute as much as possible to your preferred beneficiaries.

We will work with you to design an estate plan customized to your particular needs by utilizing a variety of planning vehicles, such as family limited partnerships, trusts, and charitable entities. Our team can assist you by performing the following:

  • Review wills and trust instruments.
  • Estimate estate taxes and strategize alternatives that may provide tax savings.
  • Review business issues, including valuation and the transfer and/or disposition of business interests.
  • Identify potential liquidity problems caused by federal and state estate taxes for the continued operation of the family business, probate, administration costs, etc.
  • Develop a lifetime gifting program using vehicles such as family limited partnerships, charitable trusts, and qualified personal residence trusts.
  • Prepare estate, gift, fiduciary, and non-profit tax returns
  • Advise you on the possible use of various trust structures, including charitable remainder trusts, grantor annuity trusts, personal residence trusts, family partnerships, credit shelter trusts, marital deduction trusts, and revocable lifetime trusts.

Looking for a little information right now? View the latest Tax and Financial News article in our Newsletter.

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