Tax Reduction Planning
Diligent planning is essential to keeping tax obligations low for all kinds of small businesses. Don’t wait till the end of the year, start planning next year’s tax strategies today by working with Thomas J. Palm, PA. Our Baltimore, MD accounting firm is highly experienced in tax planning and compliance for small businesses. We understand how tax regulations apply to businesses in various industries and how to implement tax planning methods that will reduce your liability. The tax laws change constantly so we make it a point to be keenly aware of how updates and revisions could affect your business. And if you’re starting a new business, we can identify which business structure will afford the highest tax savings as your business grows.
We offer a variety of tax planning and tax return preparation services to both businesses and individuals. Proactive tax planning now can save you money and make tax time a breeze. Call us at 443-927-7180 and request a free initial consultation to learn more.
Strategic Tax Planning
Financial decisions often have tax implications. As your tax advisor we’ll manage your effective tax rate to keep taxes low so more profits head towards your bottom line.
Multi-State Tax Planning
Businesses that operate across multiple states are prone to a number of complicated tax issues. We’ll make sure you’re in compliance with all State and Federal tax regulations.
Creating an estate plan that will preserve your assets for the next generation is important no matter what stage you’re at in life. Our estate tax planning solutions are designed to line up with your personal priorities.
Preserve the continuity of your business and address important concerns ahead of time with a business succession plan. We’ll develop a plan that ensures your business will avoid tax issues when being transferred to your beneficiaries.