Tax Services
WFFA is committed to understanding each client’s business and financial goals and working closely with them to help minimize tax liabilities. Our tax professionals stay current on federal, state, and local reporting requirements, providing peace of mind that filing obligations are met accurately and on time. Below is a summary of our tax services.
Tax Planning & Preparation
We provide professional preparation of federal, state, and local tax returns for businesses, individuals, estates and trusts, and nonprofit organizations. Thoughtful tax planning can defer and reduce tax exposure. Whether serving individuals, corporations, or multi-tiered partnerships, our team develops strategies to take advantage of evolving tax laws and legislative changes.
Estate & Trust Tax
Estate and gift planning supports the orderly transfer of assets, provides security for surviving family members, and can reduce or eliminate taxes associated with transferring businesses and other assets.
IRS and State/Local Representation
Our team maintains in-depth knowledge of tax laws and procedures administered by the IRS and state and local taxing authorities. We provide full representation services, including negotiation of Offers in Compromise and resolution of tax controversies.
Sales Tax Services
We assist with the compilation of required information and the preparation of sales tax returns for organizations responsible for collecting and remitting sales taxes.
Asset Protection
Asset protection and wealth preservation strategies are designed to safeguard assets while allowing owners to retain meaningful control. We assist with the design and implementation of asset protection structures, which may include family limited partnerships or offshore trusts.
