Business Tax
Tax laws and regulations change constantly. Our accountants know that business owners do not have the time to keep up with all the new tax legislation, but we do. That is why our clients rely on us to handle their tax matters for them. Our goal is to ensure that public and private companies pay the lowest federal and state taxes allowed by law.
Frazier & Deeter professionals provide sophisticated and timely tax advice, and our accountants are accessible and committed to responsive service. Many of our tax professionals worked with national CPA firms before joining Frazier & Deeter. They have extensive experience in corporate and individual tax issues.
We assist clients in determining how to structure their business, such as whether they should become an S corporation, a C corporation, or an LLC. Choosing the legal form for operating a business dramatically impacts after-tax cash fl ow available to owners, the deductibility of employer fringe benefits, personal liability and more. Some of the crucial items to consider when starting a business include the company’s overall method of accounting, its tax year-end, inventory valuation method and debt versus equity capitalization.
A close relationship is maintained with a company’s owner to ensure that overall business strategies complement their individual tax situation. Our tax professionals work in tandem with our audit team to develop a collaborative approach when working on client engagements. Because we know that each client has different needs and goals, we meet with them periodically to discuss their individual and business related issues.
In addition, Frazier & Deeter is registered with the Public Company Accounting Oversight Board (PCAOB) and is a member of PKF North America and CPAmerica International. These associations provide our firm with access to more than 500 member firms worldwide.