BUSINESS TAX

Minimizing your tax burden on both the entity and personal level is our priority.   Business tax preparation and consulting services focus on understanding each client’s business in order to plan and implement the best tax strategy tailored to each client’s needs.  My objective is to reduce the tax liability of business clients and their owners by combining technical excellence with creative and proactive tax strategies, tax planning and tax compliance.

  • BUSINESS ENTITY SELECTION

  • TRANSACTION STRUCTURING

  • TAX DUE DILIGENCE REVIEW

  • TAX PLANNING, PREPARATION AND COMPLIANCE

  • FEDERAL AND STATE CORRESPONDENCE, AUDIT AND APPEAL REPRESENTATION

  • RETIREMENT PLANS

  • COST SEGREGATION STUDIES

  • BUSINESS SUCCESSION PLANNING

  • MERGERS AND ACQUISITIONS

 

INDIVIDUAL TAX

Tax planning and strategy are essential elements of tax compliance. Many of my individual clients are also owners of privately held companies and their personal and business tax obligations need a comprehensive perspective. By making tax planning a part of your overall strategy, you can use my experience and access to the most current new developments to minimize your current and future tax liability. I will customize your plan to match the complexity of your situation. My top objective is to minimize your tax burden.

  • Tax Planning, Strategy and Projections

  • Tax Preparation and Compliance

  • IRS and State Correspondence

  • IRS and State Audit and Appeals Representation

  • Real Estate and Equipment Purchases

  • Section 1031 Exchanges
     

Audit or IRS Correspondence

A tax audit or simply correspondence from IRS or any tax authority can be an alarming experience.  Every taxpayer has a set of fundamental rights and one is the right to retain representation when dealing with the IRS or any other taxing authority. Debra S Henry, LLC has served as an authorized representative for clients for a number of years in numerous situations. Experience is invaluable when dealing with these situations.  If you are faced with a tax audit or correspondence, the firm can assist you with knowledge of your taxpayer rights, precise interpretation of the tax law, representation at meeting and presentation and accuracy of your records.  The firm specializes in:

  • IRS Examinations

  • Notice Inquiries & Correspondences

  • State Agency Examinations

  • Penalty Waiver Assistance

  • Amended Return Preparation

  • Taxpayer Advocate


TAX STATEGIES/TAX PLANNING/TAX COMPLIANCE

Debra S Henry, LLC is committed to combining technical excellence with creative and proactive tax strategies, tax planning and tax compliance (preparation of tax returns).  The firm’s business tax preparation and consulting services focus on understanding each clients business in order to plan and implement the best tax strategy tailored to each clients needs.  The objective is to reduce the tax liability of corporate clients and their owners.  The firm is determined to minimize your tax obligations on both the corporate and personal level.

Business Entity Selection

Choosing the form of entity for your business (S corporation, limited liability company or sole proprietor) is a crucial decision that can have longstanding tax implications, both positive and negative.  I can assist you in evaluating the pros and cons if each type of entity to help your determine the most advantageous form of business for your company.

Tax Planning

An essential element of the tax preparation is tax planning.  Many of my individual clients are also owners of privately held complains and their personal and business tax obligations need a comprehensive perspective. By making tax planning a part of your overall business strategy, you can use my experience and access to the most current new developments to minimize your current and future tax liability on both business level and the personal level.

Tax Preparation

I accurately and efficiently prepare tax returns for individuals, corporations, partnerships, limited liability companies, trusts, estates and nonprofit organizations. Simply stated, my top objective is to minimize the tax liability of all our business clients as well as their owners.

IRS RepresentatioN

IRS correspondence and federal or state tax audits can be a frustrating experience.  I can represent you throughout the process and ensure you are properly represented before any federal or state tax agency.  I can remove the stress and worry.

Estate and Trust Preparation

Effective estate and gift planning facilitates the transfer of assets to your beneficiaries, can reduce or eliminate the tax due on the transfer of your business or personal assets and provide security for your surviving spouse.