The 83(b) election, named after the provision in the Internal Revenue Code that permits this strategy, allows an employee or founder of a business a special option to prepay the...
TAX SERVICES
Tax Services
Zagmout & Company CPAs aims at reducing your taxes through meaningful & proactive tax planning and Compliance services for successful individual, businesses, non-profit organizations, as well as trust and estate.
Zagmout & Company CPAs strongly believe that it is in the planning where our clients receive the greatest value and not only at the point of return preparation.
Effective tax planning includes a focus on the structuring of the transactions and related personal/business events that drive tax results. It is certainly where we find our greatest satisfaction.
We Specialize in:
Individual Tax Preparation
Tax Accountants at Zagmout & Company work closely with executives, entrepreneurs, and multi-generational families to plan and implement solutions to reduce taxes and improve cash flow.
We possess the necessary expertise to guide you through the ever-changing rules and regulations.
Individual tax services include:
Tax return preparation
Stock option planning
Multi-State filing
U.S. Reporting of Foreign Assets and or Foreign Bank Accounts
Tax projections and year-end planning
Business tax Preparation
We develop tax-efficient strategies by looking for ways to help reduce your current and future tax burden for all types of business structures including corporation, S-corporations, partnerships, Limited Liability Companies (LLC) and sole proprietorships.
Business tax services include:
Business tax planning and preparation services
Cost segregation and depreciation planning
Excise taxes
Like-kind exchange planning
Tax projections and year-end planning
Non-Profit Organizations
We help mission-driven organizations navigate through unique challenges of financial reporting, tax compliance and operational improvement.
Non-profit services include:
Tax returns preparation
Financials statements preparation
Accounting personnel training
Operational efficiency
Formation filings
Our Process
STEP 1
- We first get to know each other through your initial consultation.
- Discuss your unique tax situation.
- We discuss how Zagmout & Company CPAs can help.
- We both decide if we are a good fit to work together.
STEP 2
- We will send you an engagement letter specifying our fees and services to be provided.
- We create your online client portal.
- You will upload your prior 3 years of tax return, and current year income data, and tax forms.
STEP 3
- We will review your prior year tax returns for completeness and accuracy.
- We will analyze your tax situation, and research proper deductions you are entitled to.
- Along the way we’ll reach out for input and additional info when necessary.
- After we finish preparing your tax return, it will then be reviewed for quality, accuracy, and completeness.
STEP 4
- We send you a draft return for your review and electronic signature.
- At this time we collect our preparation fees.
- Then, we-file returns on your behalf if it is eligible for e-filing; otherwise we will provide you with mailing instructions.
STEP 5
- Just because tax season is over, it doesn’t mean we are done.
- We will continue monitoring your tax situation throughout the year.
- We will help you determine the appropriate estimated quarterly tax payments.
- We will create a tax projection to give you an insight on how your next year return would look like.
- Have a tax question during the year? Give us a call!
INSIGHTS
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