Tax Planning Services

Bradstreet CPAs takes a year-round approach to tax planning. We start from the ground up, first ensuring your business is working with accurate and timely financial data. Once there, we work to meet a holistic array of business needs, from minimizing taxes to protecting assets.

Our team approaches every tax planning engagement with 3 goals:

  • Saving money on taxes

  • Keeping you and your business compliant

  • Maintaining asset protection

Bradstreet CPAs can work with you and your business’s team to identify qualifying savings and refund opportunities as well as gauge the impact of deductions and credits. Tax strategies often come with tradeoffs. When researching and implementing tax strategies, it is important to work with a team of tax professionals so that you understand these tradeoffs. We have helped clients and their businesses explore and implement many tax reduction strategies over the years:

  • Accounting methodology review; Accrual vs. Cash

  • Cost segregation studies

  • R&D tax credits

  • Entity analysis: C Corp vs. S Corp vs. Partnership

  • Safe Harbor De Minimis Elections

  • S Corp Elections

  • Opportunity Zone 

  • 1031 Like Kind Exchanges (Real Estate)

  • Depreciation considerations

  • Employee Retention Tax Credits (ERTC)

  • Deferred compensation models

  • Retirement plan considerations & models

  • Employee Incentive Stock Option models

It takes a team to explore, implement, and maintain an effective tax strategy. We are proactive in ensuring you have the appropriate strategies for your business and personal taxes, and we stay engaged to keep those strategies compliant with the taxing authorities you interact with.

We would love to help you explore what opportunities are available for you to save on taxes. Don’t hesitate to reach out to our team. Even if it is only a conversation, we are happy to advise.