Tax Services
James E Roberson & Company, P.C. offers a wide range of federal and Texas tax services. We pride ourselves on our attention to detail and we strive to custom tailor tax strategies to each of our client's needs - from individual filers to complex corporations. Our expertise includes:
Tax Compliance
We think the foundation for your happiness and growth in business is to comply with the tax laws. This means that you need to know your filing requirements and due dates for each of your various taxing authorities.
We can help. Our first appointment consists of a conference at which we identify your filing requirements. We then draw up an engagement letter that details what we will provide and exactly what we'll need from you. Then we track the due dates and contact you in advance so, together, we can fulfill all your reporting requirements in a timely fashion.
Tax Planning
The concept of tax planning is really very simple: Arrange your financial affairs so that you maximize your net worth while paying the least amount of taxes required by law. Practicing that concept can get a little tricky.
Almost all financial transactions have tax consequences. The reporting of these transactions is governed by the Internal Revenue Code, regulations, case law, revenue rulings and private-letter rulings. Our job is to understand your financial transactions and to assist you in applying any of the above rules and guidelines to your advantage. The application of tax findings is not always black or white, however, and it is the gray areas that can produce the greatest protection for your net worth.
Tax rates for individuals, corporations and trusts are graduated, which means the higher your taxable income, the higher the tax rate. That's one reason we like to begin our relationship by reviewing the number and type of taxable entities you have. By looking at the complete tax picture we may find that unexplored opportunities in one entity may eliminate pressures on another.
For instance, wages paid to a child eighteen or younger who works in your unincorporated business are not subject to payroll tax. A child who works can earn up to $5,000 before any taxes are due for 2005 and $5,150 for 2006. Another example: "C" Corporations can accumulate money for business expansion at a lower after-tax cost than the same funds saved in "S" Corporations, partnerships or proprietorships.
Effective tax planning requires analyzing where you are, where you want to be and then developing strategies to help you get there as quickly as the law allows.
James E Roberson & Company, P.C. offers a wide range of federal and Texas tax services. We pride ourselves on our attention to detail and we strive to custom tailor tax strategies to each of our client's needs - from individual filers to complex corporations. Our expertise includes:
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Tax Compliance
We think the foundation for your happiness and growth in business is to comply with the tax laws. This means that you need to know your filing requirements and due dates for each of your various taxing authorities.
We can help. Our first appointment consists of a conference at which we identify your filing requirements. We then draw up an engagement letter that details what we will provide and exactly what we'll need from you. Then we track the due dates and contact you in advance so, together, we can fulfill all your reporting requirements in a timely fashion.
Tax Planning
The concept of tax planning is really very simple: Arrange your financial affairs so that you maximize your net worth while paying the least amount of taxes required by law. Practicing that concept can get a little tricky.
Almost all financial transactions have tax consequences. The reporting of these transactions is governed by the Internal Revenue Code, regulations, case law, revenue rulings and private-letter rulings. Our job is to understand your financial transactions and to assist you in applying any of the above rules and guidelines to your advantage. The application of tax findings is not always black or white, however, and it is the gray areas that can produce the greatest protection for your net worth.
Tax rates for individuals, corporations and trusts are graduated, which means the higher your taxable income, the higher the tax rate. That's one reason we like to begin our relationship by reviewing the number and type of taxable entities you have. By looking at the complete tax picture we may find that unexplored opportunities in one entity may eliminate pressures on another.
For instance, wages paid to a child eighteen or younger who works in your unincorporated business are not subject to payroll tax. A child who works can earn up to $5,000 before any taxes are due for 2005 and $5,150 for 2006. Another example: "C" Corporations can accumulate money for business expansion at a lower after-tax cost than the same funds saved in "S" Corporations, partnerships or proprietorships.
Effective tax planning requires analyzing where you are, where you want to be and then developing strategies to help you get there as quickly as the law allows.