Shah & Pandya, CPA, P.C

Tax Preparation & Planning

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Tax Preparation & Planning

Tax Preparations

By staying current on new laws and legislation, we are in a position to identify key tax saving opportunities that minimize both your current and future tax liabilities. Taxpayers are continuously challenged by the rules, regulations, filing requirements and disclosures required by local, state, federal and international authorities. 

S&P’s team of CPAs and accountants combines decades of experience to ensure that you understand and comply with all relevant tax requirements. We have a market leading understanding of individual and business taxation rules, flow-through entities, international tax, estate tax and state and local tax requirements. 

We understand that every financial decision a business makes influences not only their business tax liability, but also the personal tax situation of the owner(s). Our team will help you understand the tax implications of your business plan, ensuring that your decisions are compliant from a regulatory perspective, while still taking advantage of tax minimization opportunities. 

Our tax preparation expertise spans across a variety of business entities. In particular, we deliver exceptional value to the following types of organizations:

  • Corporations - C-Corps and S-corps
  • Partnerships 
  • LLCs/LLPs
  • Estates, trusts & gift
  • Not-for-profit organizations

Tax Planning

Tax Planning is essential for the ongoing success of your business. Our team can help you plan to minimize your tax expenditure by working to proactively identify opportunities for savings at the state, federal and international levels. 

We evaluate and consider available credits, abatements, deductions, deferments, depreciation opportunities and several other tax planning tools for our clients. Effective tax minimization planning requires more than just understanding the law; it also requires staying up to date with regulatory changes and inferring their implications to your business. 

At S&P, we focus on continuing professional education and lay emphasis on open and frequent communication with our clients, which allows us to identify opportunities when they arise and ensure that our clients are taking advantage of each opportunity to reduce their tax bills.  

Our Tax Planning & Consulting Services include - 

  • Designing & implementing policies and procedures to keep tax liability to a minimum
  • Complex transaction planning
  • Compensation Planning for Pass-Through Entities 
  • Business Succession Planning 
  • Multi-State Tax Planning 
  • International Tax Planning