Let me know what works best for you.
- I maintain an office in my home for meetings by appointment.
- We can meet at a local coffee shop – there are several locations available near the Wheaton Metro or in Kensington.
- I work remotely with many of my clients, exchanging information by email and phone and transferring documents via a secure file exchange portal.
- As an established client, you can mail me the information to prepare your returns, and have your completed returns mailed to you.
Tax Planning & Preparation
Effective tax preparation and planning can help you to minimize your tax liability in current and future years. Actions have tax consequences, and failure to consider these consequences can result in increased tax and reporting burdens. I understand how the latest federal, state and local tax legislation and other developments affect you, and I review your situation to identify ways to reduce federal, state or local tax liabilities.
Estate & Trust Tax Preparation
Estate matters affect you and your loved ones. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. I can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs.
IRS & State Representation
Tax notices and audits can be intimidating and stressful. I can ensure that you are properly represented when dealing with the IRS and other tax authorities, and can respond on your behalf to resolve tax controversies.
Multiple State Tax Returns
Complications often exist when a taxpayer receives income from more than one state. I can sort out your residency status and income allocations when you move to from one state to another, work in a state that is not your state of residence, or file a joint return with a spouse who lives and/or works in another state.
Special Situations: Sole Proprietor & Rental Real Estate Returns
If you operate a business or maintain rental property, you are required to accurately report income and expenses from these activities on your federal and state tax returns. You may also be subject to personal property tax, employment tax, and other reporting requirements. I can provide guidance on setting up and maintaining records and filing required reports, and can help you to anticipate the tax consequences of various changes in your operations. I maintain a referral list of external resources for additional support.
Retirement Planning and Fulfillment
If you are developing an individual retirement plan, I can help you evaluate the available options. My focus is on helping you to make the choice that is most appropriate for your own financial situation.
Many things change in retirement, including your income stream. You may need to aggregate information for various retirement accounts, and you may receive distributions from multiple sources. Don’t let yourself be subject to an unpleasant tax surprise: let me help you plan for the income you will receive, and establish withholding or estimated payments to cover your tax liability.
U.S. Taxpayers Overseas
U.S. citizens and green card holders are subject to federal tax on worldwide income no matter where they live. State tax obligations should also be evaluated carefully. Offshore tax reporting requirements are currently a priority of the IRS, with steep penalties possible if requirements are not met. I will help you to identify your risks and opportunities and develop a plan suitable for your facts and circumstances.