High-Net-Worth Individual Tax Return Preparation
During Tax season, we perform the most sophisticated tax preparation for you. We optimize shareholder and member basis, losses, gains, carryovers and carrybacks. We ensure that you receive your deductions. High-net-worth tax preparation often requires coordination across businesses, investments, rental properties, trusts, multiple states, capital transactions, and planning decisions. We also specialize in International tax in case you have foreign investments.
Areas of Review
- business and partnership interests;
- real estate and passive activities;
- capital gains and losses;
- estimated taxes;
- trust and estate reporting;
- charitable giving;
- multi-state income;
- foreign accounts; and
- major transactions.
Tax Preparation and Planning for Dentists and Doctors
This has become one of our specialties.
- Reasonable compensation – optimize FICA, employment tax and distributions
- Offset investments against active income
- Optimize tax deferred investments against active income
- Go for superior experience and context, go with us
Professional Athletes
We have prepared taxes and planned for professional athletes. Issues:
- Multi state. Games are played in various states requiring multi state forms and traps of overpaying.
- Multi state apportionment
- Legal analysis as to which government body is correct taxing authority
- Avalanche hockey players, Broncos players, any major league team
- Large investments passive and active
- Bonuses
Because we are vertically integrated, we provide you with simulated tax returns
If we find an error in your tax plan implementation, we bring it to your attention and provide our tax opinion.
We are vertically integrated. To us this means that we start with the pieces that compose your tax return all the way up to strategic planning, legal planning, and integrate both for you.
After Tax Season
Tax season isn’t the only time to think about taxes. Nearly every business decision you make has a tax consequence, and we believe working with a tax professional year-round can help you make informed decisions to minimize tax liabilities and take advantage of every possible incentive.
It’s absolutely necessary to gain a thorough understanding of your company’s operations, tax elections and methods, not only to prepare an accurate, complete set of returns, but also to find the most effective means to save additional tax dollars and meet your financial objectives.
From implementing tax-saving strategies and reviewing new legislation to evaluating current elections and amending returns, our staff works tirelessly throughout the entire year to find the most effective ways to save you tax dollars and keep more of your hard-earned profits.
Related High Net Worth Tax Resources
Complex individual returns may involve appreciated property, unusual ownership arrangements, foreign assets, trusts, and significant real-estate interests.
Discuss Your Tax Preparation and Planning Needs
Work with a Colorado attorney and CPA for coordinated business, individual, rental, and planning services.