The Process

We employ a planning-oriented approach in preparing tax returns. This includes looking for opportunities to reduce taxes, both currently and in the future. Services extend beyond the usual to include evaluation of our client’s specific needs and desires. Prior year returns and expected results are compared to the actual returns in order to uncover potential additional deductions or tax savings. All returns are reviewed by a second professional to ensure the same high quality for each product. Clients can expect personal, individualized attention, and quality service. We believe individualized planning can creatively evaluate the client’s big picture and encourages the application of sound business judgment.

Tax Services

Tax Return Compliance

Preparation of federal and state tax returns is the core of our tax services. High levels of technical and industry-specific expertise allow our tax professionals to ensure our clients’ tax returns are prepared efficiently and timely.

Tax Audit & Appeal Representation

We possess the expertise and experience to represent taxpayers before tax authorities. Our tax professionals understand the dispute resolution and appeals process and work diligently to obtain you the most favorable results.

Tax Planning Services

Federal Income Tax Planning

We aid businesses with all aspects of federal income tax planning. This includes implementing federal income tax strategies that maximize savings, increase profits and manage cash flows. 

State and Local Tax Planning

Our team understands the structural and transactional underpinnings of state and local regulations in ways that allow us to create solutions that mitigate tax liabilities. We provide state and local tax planning in the following areas:

• Income tax
• Franchise tax
• Sales and use tax
• Property tax
• Other miscellaneous taxes

Business Succession Tax Planning

You spent your life building your business, and now you want to pass it on to the next generation or sell the value you built. We advise businesses on the proper succession planning to preserve their family and business legacy while also looking out for potential tax consequences that may result.

Other Tax Services

Tax Updates

We keep our clients up-to-date on the latest federal and state tax issues. By staying ahead of tax issues, we can communicate how they will impact your operations quickly and address them promptly. 

Individual Tax Services

When it comes to individual taxes, change provides opportunity. We keep on top of these changes to provide you with the best advice and strategies, especially through planning opportunities. You can depend on us for objective guidance and personal attention.  We believe in focusing on your long-term financial goals and steering your current needs in a direction to meet them.

Estate and Trust Tax Services

If you have not considered what will happen to your hard-earned assets as you age and eventually pass on, you should.  Without an estate plan, the wealth you worked your entire life to build will be distributed according to state law and not according to your wishes. Estate planning is crucial if you want to minimize taxes and distribute your preferred beneficiaries as much as possible.

We will work with you and your estate attorney to design an estate plan customized to your particular needs by utilizing various planning vehicles such as family limited partnerships, trusts, and charitable entities. Our team can assist you by performing the following:

• Review wills and trust instruments.
• Estimate estate taxes and strategize alternatives that may provide tax savings.
• Review business issues, including valuation and the transfer and/or disposition of business interests.
• Prepare estate, gift, and fiduciary tax returns.

Looking for a little information right now? Please view the latest Tax and Financial News article in our Newsletter.

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Accounting Services

Reviews

Reviews are usually performed to satisfy third parties that want to be assured the financial statements are not materially misstated.  They provide a lesser degree of assurance to financial statement users than an audit. Also, unlike an audit, there is no expression of an opinion on the financial statements, testing of controls, or financial data. Reviews essentially consist of inquiries of company personnel and analytical procedures applied to financial data. 

Compilations

Compilations provide the lowest level of assurance of the financial statements services.  They are often required by outside third parties as well as internally by companies.

In a compilation, we assist management in presenting their financial information as financial statements in the proper form.  Compilations also require us to understand the client’s industry and obtain specific knowledge about the client.  Additionally, we read the financial statements and ensure they are free from obvious material errors.  They provide no expression of an opinion on the financial statements.

Visit our set of Financial Calculators for quick answers on topics such as your IRA, investments, your child's college tuition, and your mortgage or credit card calculations.

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Consulting Services

At Corne Jantz & Associates, PC, our business is to know and understand your financial situation.  We offer services beyond compliance and combine our experience, expertise, and knowledge to add value as a trusted advisor to your financial situation.

Financial Processes

Every organization can benefit from being introspective, skeptical, and analytical regarding its finances.  We work with organizations to develop the predictive capabilities necessary to adapt to rapid changes and outperform their peers.  Specifically, we can help you with:

• Driving growth from new markets and opportunities.
• Enhance cash management through working capital optimization and better capital allocation.
• Improve finance operations by focusing on operational effectiveness, financial analytics, budgeting, and forecasting.
• Enable efficient regulatory compliance.
• Effectively manage risk by identifying sources and improvements to mitigate high-risk areas.

Check out our Newsletter for the latest article on Financial Planning.

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