Tax Advisory for NJ Businesses and Owners
Tax planning and compliance for businesses and their owners: entity choice, BAIT and PTET, multi-state filings, RSUs, estates and returns in every state.
Tax advisory is the planning that happens before the return: choosing the right entity, timing income and deductions, making elections on time and keeping the business and its owners compliant in every state where they owe. We plan for the business and for the people who own it together, because most decisions affect both.
What we handle
- Business tax planning: entity choice, S-Corporation elections and reasonable salary, New Jersey BAIT and New York PTET elections, owner compensation and retirement plans. See tax planning and strategy.
- Returns and compliance: partnership, S-Corp, C-Corp, trust, nonprofit and individual returns, with extensions and estimates handled deliberately. See tax preparation.
- Multi-state tax: nexus reviews, sales and income tax registration, apportionment and voluntary disclosure. See multi-state tax and nexus.
- Owners and executives: NJ/NY commuter returns, RSUs and stock options, international income and estate planning. See NJ/NY commuter tax, equity compensation, international tax and estate and wealth planning.
How the year runs
- A mid-year projection of the business’s and owners’ tax for the year, with the decisions still open.
- A year-end planning meeting with specific actions and their dollar effect.
- Estimated payments set from real numbers, so April holds fewer surprises.
- Returns prepared by the firm that knows your books, with elections tracked against their deadlines.
Frequently asked questions
Do you prepare the owners’ personal returns too?
Yes, and we recommend it. Business and personal returns interact through K-1s, BAIT and PTET credits, estimated payments and retirement contributions, so planning them together usually saves money.
Can you represent us in a tax audit?
Yes. As a CPA firm we represent clients before the IRS and state tax departments, including New Jersey and New York sales tax, income tax and residency audits.