Our seasoned CPAs and tax professionals help minimize your tax liability, while keeping you in compliance with ever changing tax laws. We work with you to develop a customized tax plan that best suits your needs.
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Personal Financial Planning
Lifelong financial planning requires grappling with complex issues and myriad choices. The right path forward depends on your short and long-term goals. For the past twenty years the CPAs at Frazier & Deeter have provided thousands of clients with expert tax and financial solutions.
We have assembled a team of specialists with expertise in the areas of accounting, charitable giving, debt management, education planning, estate and trusts, executive compensation, financial planning, investments, law, retirement & elder care planning, risk management & insurance and income tax planning & compliance.
Need a wealth management strategy? Our sister company, Signature FD, can help with comprehensive investment and wealth management.
Learn the consequences of dying without a will and how to create a clear plan for the executor. Plus, understand how to distinguish and designate probate assets and non-probate assets.
Learn how to choose between life expectancy distributions versus a 5-year payout. Plus, how to avoid a 50% tax penalty for forgoing a scheduled distribution and how a payout can affect your tax bracket.
Could your half-birthday mean paying twice for your retirement distribution? Understand when to take your first RMD and how it can affect your total taxable income.
If you have a financial interest in or signature authority over a foreign financial account, you may be required to file a report each year with the IRS. The FBAR report is required for bank accounts, brokerage accounts, mutual funds, trusts, or other types of foreign financial accounts with an aggregate value exceeding $10,000.
IRS RAISES THE STAKES FOR U.S. TAXPAYERS WITH OFFSHORE ACCOUNTS This summer, the IRS reworked its offshore voluntary disclosure program, substantially raising the penalty for U.S. taxpayers who fail to disclose their overseas accounts before the IRS catches them.
The Tax Cuts and Jobs Act (TCJA) takes effect this year. The big question now is what are the big changes and how do they affect taxpayers with different situations?