At Desmond Consulting Group, our tax team is made up of professionals with in-depth tax experience who want to build a personal relationship with you. We are dedicated to providing proactive tax planning/consulting and tax preparation to individuals, trust/estates and professional service businesses.
We make a point of understanding your personal goals and/or your business purpose, concerns and objectives because we believe it is critical to identifying the best tax strategies for you and/or your business. Together with our affiliated company Desmond Wealth Management, Inc., we address the many challenges faced by clients as they transition through the different phases of their lives.
We understand that taxes are often the largest expense that investors incur, therefore, we continually educate ourselves on the latest complex tax rules, regulations and emerging laws which allows us to offer effective solutions, resulting in significant tax savings for our clients.
Tax planning is among the most overlooked components in financial life planning, even though it can represent a significant “gotcha” if it is not carefully integrated into your financial blueprint. By integrating tax management throughout your Desmond Wealth Management experience, we take a “no surprise” approach to minimizing your tax obligations as we can, and budgeting for them as we must.
Remember, you earn a risk-free return on every dollar you save through astute tax planning.
Our tax services include but are not limited to:
Accounting and Bookkeeping
We offer a full range of accounting and bookkeeping services including compilations of financial information, QuickBooks set up and support, business loan assistance, help with IRS audits, budgeting and more.
Tax Planning and Preparation
When a tax law changes we know about it. We believe in year-round tax planning to help minimize your current and future taxes. We also prepare all federal, state and local tax returns for individuals and businesses.
Entity Selection and New Business Advisor
Business formation, entity selection and incorporation doesn't have to be complicated. We take the time to get to know your business so we can make a recommendation that fits your needs and minimizes your tax burden.
Business and Financial Consulting Services
We recognize that for most small business owners their business is one of their largest assets. We partner with you to clarify your company’s direction, ensure your key employees are all “on the same page”, and map out your milestones required to meet your own personal life and financial objectives.
We Specialize in Accounting Services for These Industries:
We work with attorneys to help with the complex financial management issues they face such as rising overhead costs and business development.
The accounting and tax services required for actors, singers, musicians, and athletes are unique. We know how to minimize your tax burden and increase profits with our accounting solutions.
We work with general dentistry practices as well was orthodontists, oral surgeons, periodontists, endodontists, and more.
Improve the financial health of your medical practice with our management consulting services and accounting solutions. We work with doctors, dentists, and other types of medical practitioners.
Real estate developers, investors, brokers, and property managers rely on us for accounting and tax planning services to save time and resources. Our industry specific services include cost segregation and 1031 exchanges.