Services – Individuals
We provide a variety of services to our clients to help them keep everything about their finances in order, help them protect their family and achieve a prosperous Retirement.
Employee Retirement
(Free Service to Our Clients) – Our Accountants can help make sure that our clients get the right guidance when it comes to protecting and maximizing their Retirement Assets. Our trained professionals can assist with making sure you get the right product and help you with your Retirement decisions whether you’re just starting out or reaching Retirement Age.
- 401K Plans/Rollovers
- IRA Rollovers
- Defined Contribution Plans
- Deferred Compensation Plans
- Simple/SEP IRA
- Keogh Plans
Estate Planning
Protecting your Estate can be very difficult. With proper planning our Accountants can evaluate your Estate and help you protect it so that you can pass on as much to your loved ones as possible.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. Our services include estate planning to simplify property transfers to heirs, minimizing tax liability so heirs receive the maximum benefit, and tax preparation after a loved ones’ passing.
We will work with you and your attorney to structure your estate and/or trusts with an eye toward minimizing tax liability, smooth fulfillment of your bequeathal directives and, when possible, avoidance of the long process of probate. In the event that you wish to begin distributing assets to your heirs during your lifetime, we can also assist with IRS gift reporting requirements.
When a loved one passes away, we can prepare and file any required final tax returns for the decedent and any associated trusts. We lift the paperwork burden off your shoulders, so you can focus on the far more important matter of spending time with your family during a difficult transition.
Financial Review Services
(Free Service to our Clients) – Taxes are only one piece of the financial process. In order to truly help our clients achieve financial success we believe it is necessary to conduct a complete review of all the pieces of the financial puzzle. We can than offer up ways to help the client get their financial house in order. This review can include all or some of the following areas;
- Budgeting and Cash Flow Assistance
- Debt Analysis
- Life Insurance Programs
- Retirement Projections and Assistance
- Investment Asset Allocation
- Disability Insurance
- Long term Care Insurance
IRS Representation
Whether you receive an audit notice or just a request for clarification about an item on your personal or business tax return, the thought of facing the IRS by yourself can be overwhelming. Unfortunately, many tax preparers are not prepared to represent you before the IRS. If a problem arises with a return they filed for you, you might be left on your own to resolve the issue.
We will advocate on your behalf and help you and your staff assemble any documentation that IRS agents might request, so that you are never fending for yourself.
By drawing upon years of experience handling audit procedures and tax rules, we can take the stress out of working with IRS agents, and ensure that your rights as a taxpayer are protected and that you pay the minimum allowed by law.
Loans
(Free Service to Our Clients) – While B & B Tax Service does not offer clients loans, we can offer assistance in obtaining the right loan for our clients. Through our network of resources we can put our clients in touch with the right people and make sure that they are getting the service that they should be receiving. Our resources can help with any of the following;
- Refinances
- Mortgages
- Home Equity Loans
- Debt Consolidation Loans
Retirement Planning
Whether you are devising your personal retirement strategy or choosing a retirement plan to offer your employees, we can help you find the best options for you. Drawing on years of experience in retirement strategy, we will work with you to develop a retirement plan designed to withstand the economic ups and downs that inevitably occur over time.
For businesses, we can carefully review the unique financial realities of your company and employee population, so you can offer retirement plans that serve everyone’s best financial interests. We can also educate key personnel about compliance issues associated with each plan, empowering them to manage the plans effectively going forward.
For individuals and couples, retirement is deeply personal and we take pride in working with our clients on an individual basis to determine a strategy that fits your unique financial situation, risk tolerance, and long-term goals.
Tax Preparation & Planning
Whether you have a complex or simple tax situation our trained professionals are available to prepare your return, maximize your tax savings and electronically file your return.
We believe that managing your taxes in not something that should be done once a year. Controlling your taxes is something that needs to be monitored all year long. Our Accountants are available to help you monitor your tax situation and help plan for any tax issues throughout the year.