Tax Services

“McKonly & Asbury’s team has been Four Seasons’ “first call” for tax questions and advice for both the corporation and personally for our owners.  Their communication extends beyond answering questions to various inquiries and services.  If the tax team does not have the answer, they will connect Four Seasons with someone who does, but that is quite rare!” – Four Seasons Produce


 

McKonly & Asbury provides tax compliance and advisory services to organizations of all sizes. We take a comprehensive approach by addressing the needs of both the business and the owners. Much like the approach of our assurance services team, we do not view tax as simply a once-a-year service. We want to understand your business structure, operations, and environment so we can provide the highest quality tax services to your business and its owners.

To meet the needs of our clients, our tax group has developed the following distinct niches. This allows our team to focus on the specific technical aspects of each and offer the highest level of expertise to our clients.

 

Business Client Services

Businesses face various compliance and planning issues as they relate to today’s tax environment. Laws and regulations continue to change providing both challenges and opportunities for your business. Whether you are a startup, middle market, or publicly traded company, we can help you navigate the tax challenges you face. We build upon our understanding of your business and our unrivaled knowledge of federal, state, and local taxes to deliver strategies for reducing your company’s tax burden.

At McKonly & Asbury, tax is a year-round process with a focus on strong client partnerships, collaborative forecasting, and innovative approaches. Our team puts an emphasis on understanding your goals and providing recommendations that point you towards achieving them. From provision and return preparation to tax planning and restructuring, we are committed to developing strategies that allow your business to accomplish its objectives in the most tax efficient way.

We offer specialized expertise to assist in every facet of tax compliance, planning, and strategizing. Our depth of industry experience allows us to implement technical tax concepts into practical business initiatives.

Business Client Services We Provide
  • Tax Compliance Services and Planning
  • Tax Department Outsourcing
  • Tax Provision Calculations/Consulting
  • Tax Examination/Notices Consulting
  • Multi-State Nexus Analysis and Planning
  • Sales & Use Tax Consulting
  • Reverse Sales Tax Audits
  • Research Tax Credit Studies
  • IC-DISC
  • Accounting Methods Review
  • Cost Segregation Studies
  • Tangible Property Regulations Review

 

Private Client Services

We have served the needs of our individual tax clients for over forty years. Our team of experienced and dedicated professionals is committed to providing the highest level of tax compliance and advisory services to the area’s families.

The Private Client Services group specializes in helping families protect, enhance, and transfer their wealth and values. We see ourselves as your partner, working on your behalf to achieve your family’s goals and objectives. We believe that wealth management requires a holistic approach, one in which we work alongside your other advisors to create solutions that work for you and your family.

Private Client Services We Provide
  • Individual Federal and State Tax Compliance and Planning
  • Family Business Advisory Services/Family Wealth Checkup
  • Wealth Transfer Planning
  • Estate Tax Compliance and Planning
  • Household Employee Planning and Payroll

 

State and Local Taxes

For many companies, state and local compliance can be a large challenge. Our State and Local Tax (SALT) team will work with your company to manage your state and local compliance issues. We look to create solutions that are consistent with your company’s overall business objectives, while maximizing your tax efficiency and minimizing your general business risk.

Learn more at our State and Local Tax (SALT) page.

 

Tax Segment Leader