Estates
Estate Tax
Estate Planning
The passing of a loved one is a difficult time. In addition to the emotional toll, navigating your new role as Personal Representative, Executor, and/or Trustee can be overwhelming. We are here to help.
Our vast knowledge and experience with estate tax, income taxation of estates, and funding of trusts is just the resource you need during this difficult time. Rely on us to help you sort out the various complexities and help you get those tax returns filed. We can assist you with all your needs, from probate estates to Revocable Living Trusts, and everything in between.
Estate planning is essential for everyone. We work closely with attorneys to ensure your estate meets not only your succession goals, but also minimizes or eliminates estate tax. With the federal estate tax exemption so high, many people do not realize they need to file estate tax returns or do planning to avoid estate tax. However, Oregon estates are subject to estate tax filing requirements if the gross estate exceeds one million dollars ($1M) and Washington's limit at two million dollars ($2M). Not sure if you need to worry about estate tax or to file a return for an estate? Contact us for help navigating federal or state estate tax.
Trusts
We have experience with all types of trusts and can assist you with not only your tax compliance but to minimize the tax you pay by careful planning and well timed distributions. Our experience includes Irrevocable Trusts, Credit Shelter Trusts, Special Needs Trusts, and Charitable Trusts, just to name a few.
We can help you decide which assets should be funded into new trusts that spring from a decedent's interest in a Revocable Living Trust. We can help analyze which trusts should be funded to minimize estate tax.
Charitable Trusts can be a great way to minimize tax and create a charitable legacy for years to come. Our experience with Charitable Trusts can guide you to decide what is best for you or help you with your annual tax compliance on your existing Charitable Trust.
We can assist with all of your trust taxation needs.
Tax Planning and Compliance for individuals, family groups and investment partnerships.
Our advisors have been helping individuals with their tax planning and annual tax return filing requirements for over twenty years. Our services include tax planning, advice and tax return preparation.
We have vast knowledge of complicated tax savings strategies such as 1031 exchanges, Qualified Small Business Stock, charitable giving and other strategies.
We also have helped clients who have simplier tax needs. Got a rental property, a small business, investments in partnerships, trusts, s corporations that issue K-1s ..... We Can Help You.
We also assist delinquent tax filers. We can bring years of neglected tax filing current and assist with payments plans as well as filing and negotiating Offers in Compromise with the IRS and Settlement Agreements with the Oregon Department of Revenue. We also assist with the removal of tax liens from real property.
As you can see, we offer a vast array of services. Please call to discuss your personal needs.
Partnership, S Corporation, Limited Liability Company
Taxes and Business Formation
In addition to preparing your business return, be it a S Corp, Partnership or LLC, we also provide counseling on business formation.
Once you have determined the correct business classification for your business, we can form the entity by drafting organization documents, filing certificates with the Secretary of State and obtaining EINs from the IRS.