Comprehensive Tax Law Services
Our firm offers a full suite of tax law services designed to meet the diverse needs of our clients. Whether you require assistance with IRS representation, tax preparation, planning, or navigating estate and inheritance taxes, our experienced attorneys are here to provide expert guidance and support.
IRS Representation and Tax Resolution
Dealing with the IRS can be daunting, but with our tax resolution services, you don’t have to face it alone. Our knowledgeable and experienced attorneys are here to provide you with trusted, professional support every step of the way. Whether you’re struggling with back tax debt, finding it difficult to pay current taxes owed, dealing with a reassessment of your tax return, or facing an audit, we are here to help. Our team understands the intricacies of the IRS and can guide you through the process to achieve the best possible outcome.
Tax Preparation
Accurate and timely tax preparation is essential for both individuals, businesses, trusts and estates. Our team ensures that your tax returns are prepared correctly, taking advantage of all available deductions and credits to minimize your tax liability. We stay up-to-date with the latest tax laws and regulations to provide you with the most accurate and efficient tax preparation services.
Tax Planning
Effective tax planning is crucial for managing your financial future. Our attorneys work with you to develop strategies that optimize your tax position, reduce liabilities, and maximize savings. We provide personalized tax planning services that align with your financial goals, ensuring that you are well-prepared for any tax obligations.
Estate Tax Planning
With the current provisions of the Tax Cuts and Jobs Act, there is a federal estate tax exemption for estates valued at under $13.610 million in 2024. However, this provision is set to expire at the end of 2025, which could significantly affect the tax implications for your estate. Proper estate tax planning can help minimize the tax burden on your heirs and ensure that your assets are distributed according to your wishes. Our attorneys are experienced in crafting estate plans that address these concerns and protect your legacy.
Inheritance Tax Planning
In Pennsylvania, while there is no state estate tax, there is an inheritance tax that acts as a transfer tax. This tax applies to the transfer of assets to individuals and ranges from 0% to 15%, depending on the beneficiary’s relationship to the decedent. There are numerous federal and state-specific rules to consider when planning for inheritance tax. Our attorneys can help you navigate these complexities, ensuring that your estate plan minimizes the tax impact on your beneficiaries and complies with all applicable laws.
Our comprehensive tax law services are designed to provide you with the expertise and support you need to navigate the complexities of tax-related matters. Contact us today to learn more about how we can assist you with your tax law needs