Let our professional staff help you with any tax problems you may have. Our staff is trained to handle a variety of tax situations from the simplest to the most complex. Whether it is the preparation of a return, the deliberate planning process to reduce your taxes to ensure you pay the least amount of taxes or the preparation of all the business compliance filings that are required such as payroll, Sales and Use or Highway Use Tax – we are ready to assist you. WE are also able to fully support and represent you during any type of audit whether or not we have prepared the return.
We work with individuals, businesses, not-for-profit organizations, trusts and estates throughout the Hudson Valley to ensure your business takes advantage of every possible deduction allowed by federal and state tax laws. We also review income recognition strategies such as acceleration or deferral of revenue. Our preparers go through training throughout the year to ensure we are up-to-date on the latest changes. Our efforts lead to saving you taxes and ensuring all deductions that you take are legal and will survive any challenge by the taxing authorities.
Tax planning means deferring or even eliminating tax liabilities by taking advantage of beneficial tax-law provisions, increasing and accelerating tax deductions and tax credits, and generally making maximum use of all applicable breaks available under Internal Revenue Service Code. While the federal income tax rules are now more complicated than ever, the benefits of good tax planning are arguably more valuable than ever before. Truly effective tax planning strategies are those that permit you to pursue your business goals while reducing tax bills along the way. Gagnon CPA can integrate an effective tax planning strategy with your other business strategies to formulate a cohesive and attainable plan. An example of a recent area of focus has been on the energy credit available by the installation of solar energy systems.
Highway Use Tax Services
Highway use tax processing is important to keep your heavy vehicles rolling. Timely payment are crucial to ensuring compliance. We have the expertise to handle all of this and more. We invest the time to understand ever changing laws and jurisdictional requirements so you can focus on running your business.
Payroll Tax Services
Payroll tax processing goes well beyond processing a monthly, quarterly form. Record keeping, reporting, filing and timely payment are crucial to ensuring compliance. We have the expertise to handle all of this and more. We invest the time to understand ever changing laws and jurisdictional requirements so you can focus on running your business and we will help with the compliance portions. This includes dealing with the dreaded annual visits from the worker’s compensation auditors.
Sales & Use Tax Services
Sales tax processing goes well beyond collecting a percentage of sales and services. Record keeping, reporting, filing and timely payment are crucial to ensuring compliance. We have the expertise to handle all of this and more. We invest the time to understand ever changing laws and jurisdictional requirements so you can focus on running your business. This applies to both in state for NYS and resulting nexus issues in surrounding states and states in which mail order business may be conducted.
IRS and New York State Tax Representation
Should the need arise, we can provide you professional representation before the IRS or New York State tax authorities, ensuring you will be treated fairly and pay the lowest amount allowed by law, on a payment schedule you can afford. We understand that dealing with the IRS and NYS tax authorities can be time consuming and stressful, so you can rely on our expertise and experience to make matters less daunting.