As a business owner, your priority should be on your customer, client or patient. Taxes, tax planning, and compliance are all distractions, but must be dealt with nonetheless. At PSK, our goal is to address these key areas, allowing you to focus your efforts on what matters most: your business.
At PSK, it's important that we're proactive in devising a solid tax planning strategy for your business. We will work with you to mitigate your unique tax risks, seeking to avoid unpleasant surprises. Using a comprehensive approach to the decision-making process, we will assist you in breaking down potential transactions, identifying pertinent issues (tax or otherwise), and executing the most advantageous plan of action.
The primary advantage to using our approach is minimizing the tax impact on yourself and your company. Because entity selection and structure ultimately determine how taxes impact you as a business owner, it's vital to understand the relationship between your business and personal taxes. Our planning process is predicated on helping you understand these interactions, allowing you to focus on growth and profitability by understanding all the moving pieces.
Tax compliance, though not difficult, can get extremely complicated. There is no guarantee that it will be any easier going forward either! We will serve as your advocate, using every tool available to minimize your tax burden and the stress of dealing with the IRS, state, and local taxing authorities.
By working with PSK to put the proper plan in place, consulting on key decisions, and filing compliance reports in a timely and accurate manner, our firm will truly make your life as a business owner easier!