Income Tax Projections
Estimating future income and projecting tax liabilities based on current and anticipated financial activities.
Taxation
Tax Projections and Planning
Tax Efficiency Strategies
Developing strategies to optimize the timing and structure of income, expenses, and deductions for maximum tax efficiency.
Tax Credit Analysis
Identifying and analyzing available tax credits that can reduce a taxpayer’s overall tax liability.
Business Structure Optimization
Evaluating and recommending the most tax-efficient business structure, considering factors like pass-through taxation or corporate taxation.
Capital Gains and Losses Planning
Developing strategies for managing capital gains and losses to minimize tax implications.
Tax Impact of Real Estate Transactions
Providing guidance on the tax consequences of buying, selling, or leasing real estate.
Tax Planning for Major Life Events
Advising on the tax implications of major life events, including but not limited to:
- Marriage
- Divorce
- Birth
- Death
- Moving
- Job transitions
Our tax projection and planning services also encompass cash flow forecasting, preparing you for potential ups and downs in your fiscal future.
Federal, State, and Local Tax Compliance
At KMD, our CPAs have an in-depth understanding of federal, state, and local tax regulations and requirements. Tax law continuously changes, and we help individuals and businesses adapt accordingly.
Comprehensive Tax Compliance Analysis
Conducting a thorough examination of federal, state, and local tax obligations to ensure full compliance.
Strategic Tax Planning
Formulating and implementing strategic tax plans considering the nuances of federal, state, and local tax regulations.
Tailored Tax Structures for Multi-Jurisdictional Operations
Assisting in designing and implementing tax-efficient structures for businesses operating in multiple jurisdictions across the tri-state area.
Transaction and Business Advisory Services
In-Depth Tax Analysis
Conducting a thorough examination of tax implications and obligations related to business transactions.
Strategic Tax Planning
Formulating and implementing strategic tax plans to optimize outcomes resulting from business dealings.
Pre-Transaction Tax Due Diligence
Conducting comprehensive tax due diligence before business transactions to identify potential risks and opportunities.
Post-Transaction Tax Compliance
Collaborating with necessary parties to facilitate post-transaction tax compliance and reporting.
Negotiation and Structuring Assistance
Assisting in negotiations and structuring deals with a focus on minimizing tax implications.
Evaluation of Financing Alternatives
Assessing and advising on financing alternatives with consideration for their tax implications.
Estate and Trusts
Estate Tax Planning
Developing strategies to minimize estate taxes upon the transfer of assets to heirs, including taking advantage of legal exemptions and deductions.
Trust Tax Planning
Advising on tax-efficient strategies for trusts, considering income tax implications and distribution planning.
Gift Tax Planning
Assisting in planning and structuring gifts to minimize gift tax liabilities, potentially utilizing annual exclusions and lifetime exemptions.
Generation-Skipping Transfer (GST) Tax Planning
Advising on strategies to minimize taxes when transferring assets to grandchildren or future generations.
Charitable Giving and Deductions
Structuring charitable giving within estates and trusts to maximize deductions while helping you achieve your philanthropic goals.
Valuation of Estate Assets
Providing expertise in valuing estate assets, which largely factors into determining estate tax liabilities.
Coordination with Legal Advisors
Collaborating with legal professionals to ensure that tax strategies align with your goals.