Executive Overview
BIK & CO provides tax planning and reporting for individuals, businesses, and business owners. Taxes have a substantial impact on our clients and regulations vary by state, entity type, and income/wealth levels. In addition, individual and business tax incentives and credits are often available that are not widely known or publicized. Often, they are complex and not easy to interpret.
Our Role
Our role is to help you understand tax liabilities based on anticipated results and determine which incentives or credits may benefit you. We review your tax position based on projected personal and business income sources, as well as possible inheritance, gifting, or other factors that may be a consideration for your family or business. This is why proactive and frequent planning is required. The more accurately we can predict results, the greater the opportunity to implement tax deferral and reduction actions, which build personal wealth and business value.
The Benefits of Tax Planning
The power in tax planning comes from deferring tax liability, accelerating depreciation expense, and claiming limited time credits or incentives. Increasing the amount of time from when a tax liability is incurred to when it is paid can yield significant financial results. Your personal situation and/or business objectives, as well as age and risk tolerance, are considered when BIK develops your comprehensive tax strategy. We work with you, your attorney, or other advisors to develop an optimal, integrated solution.
Our Tax Service Portfolio Includes
The services below represent some of the standard services we can provide.
- Federal, State & Local Returns
- International Tax Services
- Financial & Retirement Plans
- Gifting Strategies
- Estate Plans
- Elder Care
- Benefit Plan Analysis
- Payroll Tax Filings
- Sales Tax Returns
- Succession & Exit Planning
- IRS Communications
