Cameron & Furman

Tax Services

Both individual and business taxpayers continue to be impacted by the ever-changing regulatory landscape. New tax laws continue to be added, changed, or revised. This has resulted in many new tax benefits and challenges for these taxpayers to deal with. Our team of tax professionals have a vast knowledge of federal tax law, regulatory and legislative pronouncements and tax court rulings that allows us to help navigate our clients through these changes and their impacts. We will work with our clients to advise on ways to minimize tax obligations and maximize benefits in full compliance with the law. Through continuing education, training, and technology, we stay up to the minute on tax law changes and understand how they affect our clients and their business. Our comprehensive tax compliance and planning services will enable you to employ sophisticated strategies to optimize your financial position.

For taxpayers to truly minimize their tax obligations; while maintain full compliance with the law, it is important to develop a comprehensive tax plan each year to consider the unique opportunities and challenges that will impact current earnings and how they can be structured the most tax efficiently. At Cameron & Furman, we strive to work hand in hand with our clients to advise them on how to make sound financial decisions related to their tax burdens.

Our tax team utilizes our vast experience, knowledge and training to assist clients through a variety of situations.

Services Include:

Income Tax Planning
Trust & Estate Tax Planning
Compensation Planning
Multistate Taxation and Nexus Planning
Entity Selection
Business Valuation (vio our sister firm Cam Van Valuation Associates (www.cv-val.com))

The complexities of state and local taxation compliance can be overwhelming at times. The stride of law changes in recent years has made compliance a completely different operation, creating both opportunities and challenges. We work closely with companies to identify sales, use, and income tax nexus issues and implement solutions for compliance. Our tailored approach will help companies of all sizes develop and implement solutions that address both current and future needs.

Services Indlude:

State and Local Tax Planning
Sales and Use Tax Compliance
Nexus Studies
Voluntary Disclosure Agreements
Income and Franchise Tax Consulting
Individual Tax
Corporate Tax
Review of Allocation and Apportionment Methods
Audit Support

Not-for-profit entities generally, but not always, do not have an income tax liability. However, such entities still have a tax reporting obligation to the IRS and any states they are registered to do business in. Failure to comply with the tax reporting requirements leads not only to failure to file penalties but may also result in the loss of tax-exempt status.

Our team of tax professionals has expertise in working with not-for-profit entities and helping them with their Federal and state compliance filings. We also provide consulting services to help our not-for-profit clients determine what activities may be taxable and how best to structure these activities to manage their tax obligations.