Taxation

Taxation

Taxes are inevitable; I have experience dealing with a broad range of tax issues (income, payroll, real estate, sales, estate, and inheritance) and I can help you with tax planning, tax return preparation, compliance, and litigation when necessary.

Planning Strategies for Taxes

Since none of us like to pay more to the IRS than necessary, having a strategy for your taxes is important. Tax planning is different for everyone; whether you are a business owner, you have substantial assets, or you have modest means but prefer to make sure more of your estate goes to your heirs than is paid out in taxes. Let me help you develop a comprehensive tax strategy to minimize your long-term tax burden.

Compliance Issues

Your business is required to pay certain taxes on a quarterly or monthly basis, such as income, employment, and sales taxes. In addition, depending on your corporate structure and whether you have employees, you may be required to file additional tax reports throughout the year. I have had years of experience handling tax matters for businesses and individuals, and I will make sure you understand the various tax laws that apply to you and ensure you remain in compliance with both state and federal tax rules.

Tax Preparation

Filing your taxes can be complicated; I can help reduce the amount of time you spend worrying about your tax filings by preparing your tax returns. I stay current on all tax laws and strategies that apply to business owners so I am ready to do tax filings for all my clients, both business and individual. I am attentive to the various deductions that are allowed, make sure I capture all your expenses, and ensure your taxes are accurate before filing with the state or federal agencies. Rather than spend time that you could be growing your business, let me deal with your tax preparation.

IRS Litigation

Unfortunately, no matter how careful (and correct) you are, there are times when the IRS comes knocking at your door for an audit, or claiming you have misrepresented income, or failed to pay the proper amount of taxes. I am fully prepared to stand by your side and help you fight back against the IRS. Most small and medium business owners do not have sufficient understanding of IRS rules to go toe-to-toe with the IRS, and that is when you can count on me for help.

Qualified Domestic Relations Orders (QDRO)

If you are going through, or recently have gone through a divorce involving the division of a qualified retirement plan (whether a government provided pension plan or a private pension plan, or whether the plan provides a defined retirement benefit or a defined retirement contribution), you should consult an attorney that understands retirement plans and the process to accomplish the division of a pension benefit (Qualified Domestic Relations Order, or “QDRO”). A retirement benefit typically is one of the most significant marital assets subject to equitable distribution in a divorce, yet often is misunderstood and its division is subject to costly errors. Regardless of the circumstances, it is important you understand how these orders impact you and your tax liability and that the order is carefully drafted by an attorney knowledgeable in tax and pension law.

When you are dealing with any type of tax matter for you or your business, contact Thienel Law, LLC for assistance. I have decades of experience dealing with both state and federal tax issues and I am fully prepared to help you resolve any issues you are facing, or helping you file, plan, or manage your taxes.