Tax Services

Federal Tax Planning and Preparation

Your Taxes Are Top of Mind All Year

LLG is a proactive partner in helping you plan for and prepare federal taxes. We know your business, anticipate potential tax issues and propose solutions—leaving you more time to make informed decisions. We work with you to find the best possible tax position. You benefit from a comprehensive tax strategy that meets your specific business or personal needs.

Federal Tax Planning

We think about your personal and business tax liabilities throughout the year, not just at the tax deadline. Determine the impact of various accounting methods to improve your tax position. Anticipate how changes in tax laws will impact your bottom line. Working with us, there are no surprises when taxes are due.

Federal Tax Preparation

LLG specializes in preparing tax returns for privately held businesses, (S corporations, C corporations, including consolidated returns, Single-Member LLC and Partnerships) non-profits, benefit plans, individuals and trusts. You can expect our tax consultants to be on top of all legislative requirements and that your return will be completed in a timely manner.

“Privately held companies are run by hard working people who took a risk. They deserve all the rewards they get.”
–Bruce Horwitz, LLG Principal

Are you ready for federal tax planning and preparation?

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Multi-State and Local Tax Planning and Preparation

Experienced Guidance on Multi-State and Local Taxes

Minimizing taxes requires constant diligence. It’s a time-consuming task, especially for firms who are expanding locally or operating in multiple states. Working with knowledgeable tax specialists who continuously monitor tax laws and the impact on your business relieves much of the burden, especially when those experts are good communicators.

Our solutions may include changing the structure of your business as well as identifying tax credits, exemptions, and abatements that may be available to expanding businesses. LLG’s experience and resources have created impressive results for business owners. Our specialists can help with multi-state and local tax planning and preparation.

“We provide state and local tax services to clients in a wide variety of sectors. Ninety percent of wisdom comes from experience.”
-Bill Finestone, Managing Partner

Learn more about minimizing your state and local taxes.

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Tax Authority Representation

When You Need Someone in Your Corner, Trust LLG

Facing an IRS dispute or collections action can be a time-consuming, frustrating and intimidating process. When your business is involved in such a situation professional tax authority representation is recommended. We know the language and will speak up for you.

Lipschultz, Levin and Gray knows the ins and outs of the IRS bureaucracy. If you have a large or overdue tax bill and need help dealing with the collections branch of the IRS or another taxing body, we can speak to them on your behalf. Often we are able to work out a favorable resolution and can explain to you the reasons for the IRS claim.

“Involving LLG at an early stage is almost always the most economical and effective option for tax authority representation.”
–Anton Hendler, LLG Partner

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Tax Research

LLG Finds the Answers You Need

Taxes are complicated. They are constantly changing, leaving business owners with a myriad of questions. Our researchers analyze the law, evaluate, then verify the tax implications on multi-jurisdictional operations. Whether your question involves federal, state, local or international tax law, LLG has the resources and insight to assist you. LLG can prepare tax matrices for all types of industries, and consider on the tax consequences of complex and unusual transactions, including Nexus Determinations and Filing Requirements.

Get your tax questions answered.

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Tax Credits

Maximize Your Opportunities for Tax Savings

Smart businesses use tax credits and deductions for investment, innovation and energy conservation. Applying these judiciously can improve your bottom line.

Are you eligible for tax incentives?
Some tax incentives are available to all industries while others apply only to specific market segments or industries. For example, the Qualified Business Income Deduction (QBID, also called IRC Section199A) provides a significant opportunity for manufacturers based in the United States. LLG tax specialists use their expertise to help you assess your activities and costs to determine if you meet the requirements for a tax credit or deduction. We analyze, calculate, manage and document your tax deductions and credits. The benefits to your company may not yet be realized.

Tax credits and incentives that you may be entitled to include:

Section 179D
Domestic Production Activities Deduction (DPAD)
Renewable Energy Tax Credits
Historic Preservation
New Markets Tax Credits (NMTC)
Research and Development Tax Credits
EDGE Tax Credits
Enterprise Zone Tax Credits and Other Enhancements

What tax credits might you be eligible for?

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