Corporate/Partnership Income Tax

Corporate tax issues can be complex, especially with the ever-changing legislative landscape. To cut through the complexity, we proactively examine legislative changes to determine how they will impact our corporate clients. We also partner with our clients and encourage them to contact us before making large-scale decisions, to consider potential economic and tax consequences. We’re on your side, looking out for your best interests.

At Wright Ford Young & Co, we offer the following corporate tax services:

• Income tax planning
• Income tax preparation
• Choice of entity and business structure planning
• Tax minimization and credit strategies
• Mergers and acquisitions
• Multistate issues
• International issues
• Research and development credits
• Succession planning
• IRS and FTB audit representation

Though partnerships and limited liability companies (LLCs) are popular with taxpayers, thanks to their flexible structures, they also come with some of the most complex tax issues. This happens because that highly desired flexibility is laden with special rules and exceptions. Wright Ford Young & Co. can help you cut through the red tape and make informed decisions about your partnership/LLC, whether the topic is special allocations of income and losses or how to treat appreciated property.

When forming a new partnership or LLC, the exit strategy may be just as important as the formation strategy. That’s why we provide value to our clients through proactive planning in the early stages of their partnerships/LLCs. We also partner with our clients throughout the life of their entities by encouraging them to contact us before making any large-scale decisions. Through close communication, we can help you consider all potential economic and tax consequences.

We provide the following partnership/LLC tax services:

• Income tax planning
• Income tax preparation
• Choice of entity and business structure planning
• Review of partnership and LLC operating agreements
• Partnership mergers, acquisitions, and divisions
• Multistate issues
• International issues
• Research and development credits
• Succession planning
• IRS and FTB audit representation

Practice Leader: Tim Stephens – tstephens@cpa-wfy.com