Tax Services
Compliance and PrepAration
Extensive tax team with specialist capabilities
The tax environment continues to grow in complexity and regulations. We have an extensive tax team with specialist capabilities in multiple areas of taxation that impact both the individual and the business taxpayer. Our professionals are prepared to guide you by explaining the implications of the tax regulations and advising you of the options in tax strategies.
Our tax compliance and preparation services include:
- Tax return preparation
- Estate, trust and gift
- Deferred compensation
- Pension and profit sharing
- Charitable private foundations
- Tax credits and incentives
- Sales and use tax
- Payroll taxes
International Tax
Minimizing worldwide tax burdens on business transactions and operations
Our international tax professionals assist clients in minimizing worldwide tax burdens on business transactions and operations. Hertz Herson also provides international tax advisory through our membership with BDO Alliance USA, our global network of internationally located independent accounting firms in over 82 countries. Although international tax laws are expansive and diverse, our experts and affiliated network will help you understand, evaluate, organize, and optimize your interests around the world.
Our International Tax Services include:
- Business structuring
- Tax planning, consulting, and compliance
- Trust and estate planning
- Foreign national and expatriate taxation
- Advisory services for cross-border transactions
- International mergers and acquisitions
- International tax treaties and conventions
- IC-DISC
Research and Planning
Specific and unique plan for your business
The best strategic plan for your business will not be a generic solution. Finding a specific and unique plan for your business involves the relevant research of your industry, position, and structure to identify strategies for taxable event considerations.
At Hertz Herson, our dedicated work in preparation and research ensures that we will understand the complexities of your unique business and address the appropriate tax criteria that you need.
Our tax research and planning services include:
- Tax regulation research
- Tax strategies
- Estate and retirement planning
- Merger and acquisition
- Liquidations
- Reorganizations
- Closely-held family business
State and Local Tax
Implementing an efficient strategy
Our wide range of state and local tax experts at Hertz Herson will assist your organization in implementing an efficient strategy within the state and local tax rules including the variety of state interpretations.
Our state and local tax services Include:
- NEXUS evaluation
- Procedure reviews
- Sales and use tax examinations
- Voluntary disclosures
- Individual residency examinations
- Income and franchise tax returns
- Penalty abatement negotiations
- Deferred payment agreements
Tax Credit Advisory
We will identify potential tax credit opportunities
Tax credits and incentives add value to your company by reducing the tax costs of the entity and its shareholders. We will identify potential tax credit opportunities and provide advice as to the government incentives you may be eligible to receive.
Tax credits and incentives include:
- Research and development
- Export incentive, IC-DISC
- Domestic production
- Hiring and training
Trusts & Estates
Personal services for estate planning
Hertz Herson provides comprehensive personal services for estate planning. We coordinate with our client’s attorneys and financial advisors to collectively integrate the needs of financial planning.
Our trusts and estates services include:
- Tax planning
- Fiduciary accounting
- Trust administration
- Wealth transfer
- Preparation of trust and estate tax returns
- Preparation of gift tax returns
- Preparation of private foundation tax returns
- Preparation of charitable trust tax returns