TAX

Standard of Care

We are proud of being known as professionals who uphold our responsibility to the public and the profession by applying strict standards and a code of professional conduct in our day-to-day work.

We also recognize that applying tax laws to the real world can be as much of an art as it is a science. We pride ourselves on doing work that we can stand behind that will generate meaningful solutions for our clients.

Complexity Demands Expertise

The federal tax code is 6,781 pages. If you add in the U.S. tax regulations it increases the page count to something on the order of 75,000 pages. We focus on understanding and applying our years of practice experience to tackling the tax problems for our clients.

The experience and academic rigor of our firm’s professionals is used to tackle tax-related questions and scenarios by digging into the code, regulations, publications, treatise, revenue rulings and procedures. We take a disciplined approach to finding answers that translate into the implementation of strategy for our clients.

Individual, Entity, Trust, Estate and Gift Taxation

As professional tax advisors and planners, we primarily only focus on areas of income, gift and estate taxation that we feel will be applicable to our clients. Typically, this means that we excel in individual and business income taxation as well as trust, estate and gift taxation. However, when the tax lift gets to be too heavy for us, in the spirit of acting according to our professional standards and in the best interests of our clients, we will rely on the expertise of subject area experts outside of our firm.

Tax Alpha

Tax Alpha is a philosophy that we have adopted whereby our professionals are constantly striving to provide tax advice and compliance services that generate favorable financial outcomes for our clients. This requires balancing tax minimization with sound financial advice.

The data makes clear that the impact of taxes plays an important role in the long-term success of both individuals and their businesses. Tax smart strategies for individuals, estates, and businesses that maximize after-tax wealth are at the heart of our Tax + Investment IQ value proposition.