Tax Compliance & Consulting Services

Tax laws and interpretations change daily, resulting in the need for tax experts who are continually updated and knowledgeable about current IRS and State tax legislation.  A proactive, year-round approach to tax planning helps to identify tax problems early, and provides solutions designed to minimize tax obligations.  Our tax professionals have extensive experience dealing with all taxing authorities.  Whether facing an audit or structuring a complex transaction, Wright Ford Young & Co. is qualified and eager to assist you.

Corporate

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
  • Business purchase, sale or merger
  • Sale or purchase of real property
  • Property exchanges
  • Lease/Buy analysis
  • Tangible property regulations
  • Financing alternatives
  • Multi-state issues
  • International issues
  • Consolidated returns
  • Tax credits (R&D, work opportunity, earned income, foreign, etc.)
  • Succession planning
  • Bonuses and other compensation planning
  • Payroll, property and sales tax issues
  • IRS and FTB audit representation
  • Charitable alternatives

Partnerships

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
  • Sale of personal or business property
  • Tangible property deductions
  • Multi-state issues
  • International issues
  • Tax credits (R&D, work opportunity, earned income, foreign, etc.)
  • Succession planning
  • Retirement planning
  • Bonuses and other compensation planning
  • IRS and FTB audit representation
  • Charitable alternatives

International Tax

For many fast-growing companies, going global is not just an option, it’s a necessity. To compete in a global marketplace, companies are taking on the complex and confusing process of seeking out an international presence. The professionals at Wright Ford Young & Co. can help you stay informed about current developments in business practices and tax legislation around the globe.

Many of our clients operate in several countries around the world, including Canada, Mexico, Japan, China, India, the United Kingdom, the Netherlands, Israel, Ireland, France, Australia, the Philippines, and Germany.

We provide insight about many facets of global business operations, including:

  • U.S. tax treaties
  • New territorial tax system for US-based C Corps
  • Foreign tax credits
  • Foreign Derived Intangible Income
  • Global intangible low-taxed income issues
  • Withholding tax issues
  • Transfer pricing issues
  • Form of doing business
  • Controlled foreign corporation issues
  • Taxation of expatriates working abroad
  • Taxation of nonresident aliens working in the United States
  • Property transfers to and from foreign corporations
  • Interest charged domestic international sales corporation (IC-DISC)
  • Audits of domestic companies with foreign parents

As a member firm of MGI, one of the largest and fastest growing associations of independent auditing, accounting, and consulting firms in the world, we can offer clients other international services in over 80 countries. Think globally, act locally.

Learn more about Wright Ford Young & Co.’s tax services from Tax Partner Andy Bautista:

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