Ryan J. Terry, Ltd. - Certified Public Accountants "Tax Planning and Preparation"

Ryan J. Terry, Ltd.

Certified Public Accountants

Tax Planning and Preparation

Ryan J. Terry, Ltd. tax professionals minimize taxes and in turn increase our clients' cash flow. We coordinate business and personal affairs in a manner that produces the lowest legal tax liability. We assist clients in the planning and preparation of taxes for various types of entities including individuals, corporations, not-for-profit organizations, partnerships, trusts, and estates. Each business and personal situation is unique and requires creative tax planning. Through our close working relationship our clients are able to devise and implement strategies to improve current tax situations and anticipate future tax implications. Your personal goals are the cornerstones of our tax services. You receive more than just a tax return. The Firm has an "all inclusive" analysis to meet your planning and preparation needs. The following are examples of some of the services provided:

Choice of business entity and adherence to technical requirements of maintaining that status: Choice of business entity can dramatically impact cash flow and therefore the very survival of your business.
Election of accounting methods and selection of depreciation lives: These choices also greatly impact a business' cash flow. We will analyze and suggest the best methods for your situation. Tax planning and projections: Anticipating future tax liabilities and preparing a plan to reduce taxes before the tax year is over is absolutely essential in order to maximize savings.
Retirement plan selection: Retirement plans tailored to your goals are excellent tax saving vehicles that will dramatically increase your wealth.
Properly structured tax plans can save tax dollars for both the employee and the employer: Applicable strategies will be recommended including tax-sheltered investments, trusts, family limited partnerships and shifting of income to lower tax brackets of other family members.
State and local tax planning: Whether you operate in a single taxing jurisdiction or in multiple states and cities, we will take measures to properly structure your business and sales to minimize these taxes and find the most favorable jurisdiction.
Estate tax planning: We will explain and suggest tax minimization planning such as gifts, trusts, family limited partnerships and basis step up that coincides with your personal level of comfort.
Tax examination representation: We draw on our extensive experience and knowledge to respond to tax assessments and represent our clients before tax agents.
Additional areas of tax planning and consultation services include business acquisitions and sales, installment agreements, offers in compromise, sales and use tax, and not-for-profit organizations.