We’re not just number-crunchers; we’re your personal navigators in the complex world of business taxes. Our unique blend of professional expertise and friendly, personalized service makes us an ideal partner to help you minimize tax liabilities and boost your financial success.

Advanced Tax Planning – Making It Personal and Effective

Effective tax planning goes beyond just filling out tax forms each year. It’s an ongoing, strategic process that keeps your business financially healthy and fully compliant. Our mission is to simplify this journey for you, helping you understand how to make tax-savvy decisions that maximize savings and defer income whenever possible.

Some of our Advanced Tax Strategies for Businesses Include:

• Structured Settlements: Manage your tax liability by spreading out payments over time.

• Section 1031 Exchanges: Swap like-kind business or investment property to defer capital gains taxes.

• Opportunity Zones: Invest in economically-distressed communities and defer, and potentially reduce, capital gains tax.

• Small Business Stock Exclusions (SBSs): Support small businesses and defer, and potentially exclude, capital gains tax.

• Cost Segregation: Accelerate depreciation of your property assets to minimize taxable income.

• Deferred Compensation Plans: Defer income taxes for your key employees, keeping them motivated and committed.

• Retirement Plans: Contribute to retirement plans to reduce your taxable income.

• Research & Development (R&D) Tax Credits: Get rewarded for innovation by offsetting your income tax liabilities.

• Tax-Free Reorganizations: Defer tax on gains by smartly structuring your corporate reorganizations.

• Installment Sales: Defer taxes by spreading out income recognition over the period when the installment payments are received.

• Tax-Loss Harvesting: Offset taxable gains by smartly leveraging your investment losses.

These are just a few of the many advanced tax planning strategies we can help your business implement.

Start Your Journey to Tax Efficiency Today

‍Are you ready to take your business’s tax planning strategy to the next level? Our friendly and experienced team at MHP Accounting Solutions is eager to join you on this journey. Don’t navigate the intricacies of tax planning alone. Reach out to us today to set up a consultation with one of our Tax and MHP specialists. Together, we can ensure you’re capitalizing on every possible opportunity to defer income and reduce your taxes.