While preparing your own tax return may seem like a way to save money, it can often end up costing you more in the long run. Even with the best off-the-shelf software, you can miss valuable credits and money-saving deductions that could reduce your annual tax bill or provide a significant return. While tax software offers some assistance, there’s no substitute for the real-world experience of a qualified professional when it comes to tax preparation.
At FCTS, we keep up with changes in tax laws and are always looking for new ways to help our clients keep more money in their hands, instead of sending it to the federal or state governments. Whether you own a small business or are an individual, we have the skills to prepare your taxes in compliance with all Federal and State tax laws. We offer prompt, efficient preparation of all types of returns including corporate tax filings, multi-state taxes, and individual income tax returns.
Our minimum tax return preparation fees for new clients are $1,100. We are a boutique firm as opposed to companies such as Jackson-Hewitt, H&R Block, and Liberty Tax to name a few. As part of our process for accepting new clients, we carefully evaluate if we will be a good fit for each other. We want to have a healthy and prosperous relationship since we plan on providing services for several years, including the second and third generations.
We prepare tax returns for all types of businesses including sole proprietors, partnerships, limited liability companies and corporations. We can also handle multi-state taxes for businesses with locations in more than one state.
Our income tax return services for individuals include quick turnaround so you can get your money back fast. We’ll make sure you benefit from all the credits and deductions available so more money stays in your pocket.
In addition to traditional tax returns, we’re qualified to prepare trust, gift and estate tax returns, for both Federal and State. We meticulously prepare these types of returns and file them on time to avoid penalties.
Diligent planning is essential to keeping tax obligations low for all kinds of small businesses. Don’t wait till the end of the year, start planning next year’s tax strategies today by working with FCTS. We are highly experienced in tax planning and compliance for small businesses. We understand how tax regulations apply to businesses in various industries and how to implement tax planning methods that will reduce your liability. The tax laws change constantly so we make it a point to be keenly aware of how updates and revisions could affect your business. And if you’re starting a new business, we can identify which business structure will afford the highest tax savings as your business grows.
We also provide income tax planning for individuals and will find ways to minimize your income taxes. With our assistance, you'll keep more of what you earn at tax time and will feel confident that you've taken advantage of all applicable tax breaks.
We offer a variety of tax planning services to both businesses and individuals. Proactive tax planning now can save you money and make tax time a breeze.
Businesses that operate across multiple states are prone to a number of complicated tax issues. We’ll make sure you’re in compliance with all State and Federal tax regulations.
Financial decisions often have tax implications. As your tax advisor we’ll manage your effective tax rate to keep taxes low so more profits head towards your bottom line.
Creating an estate plan that will preserve your assets for the next generation is important no matter what stage you’re at in life. Our estate tax planning solutions are designed to line up with your personal priorities.
Every business or organization needs a clear sense of purpose of where it is today and where it wants to be in the future. To achieve this, most successful organizations rely on a strategic plan that can bridge the gap and provide guidance in developing ways to improve efficiencies and profitability in order to add value to a company and help achieve its goals.
We offer alternative minimum tax planning to deal effectively with this tax and can prepare the necessary paperwork to determine if you owe Alternative Minimum Tax.
Preserve the continuity of your business and address important concerns ahead of time with a business succession plan. We’ll develop a plan that ensures your business will avoid tax issues when being transferred to your beneficiaries.
Our services are customized to meet your individual needs and provide you with the convenience of working with a Baltimore area Accounting firm. Our collective experience in a broad range of industries enables the firm to provide consulting services in almost any financial and business situation.
⇒ Break even Analyses
⇒ Budgets
⇒ Buy/Sell Agreements
⇒ Cash Management
⇒ Estate Planning
⇒ Family Business Issues
⇒ Profit Improvement Planning
⇒ Financial Planning
⇒ Financial Projections
⇒ Operations Review
⇒ Strategic Business Planning
⇒ Estate & Gift Valuation
⇒ Management & Operations Review