TAX PREPARATION AND PLANNING

MGS LLP brings extensive experience helping clients with tax preparation and planning services for individuals, businesses, trusts, estate administration and not for profits.

We take great pride in helping clients organize their financial information and minimize their tax liability. Since tax planning is a year-round, continuous process, we are looking to build relationships with our clients to provide advice for both their short and long-term goals.

INDIVIDUAL

MGS LLP has significant experience with complex situations including stock and mutual fund investments, multi-state issues, exercise of stock options, alternative minimum tax, rental properties, sole proprietorships and other matters. Tax Organizers are sent to our individual clients at year end to help gather the information necessary for tax return preparation. We encourage an early start to the return preparation process to assist in a timely turnaround. MGS LLP also provides complimentary client portals to provide secure file transfer of your documents to our professionals.

BUSINESS

MGS LLP has significant experience with planning and tax return preparation for limited liability companies (LLCs), partnerships and both S and C Corporations. Additional consideration is given to state and local tax issues, as well as township business privilege taxes. We can work in connection with your attorney to help you with your choice of business entity to maximize your tax savings while preserving your liability protection.

TRUSTS

MGS LLP will work directly with the trustee to gather information to prepare the appropriate federal and state tax returns and schedule K-1’s for the beneficiaries.

ESTATE ADMINISTRATION

MGS LLP can work with your attorney to help prepare federal and state tax filings needed for settlement of an estate. This includes the final lifetime return and income tax return for the estate.

NOT FOR PROFIT

MGS LLP can prepare Form 990 return to ensure compliance for your not for profit organization.

Let us know how MGS LLP can help you