Trust Accounting and Tax Services in the Philadelphia PA Area

As a trustee, you have many responsibilities and handling the trust accounting and tax services along with filing those taxes is one of them.  MGS LLP works directly with trustees to gather the necessary information to plan and prepare all the proper federal and state tax returns for your trust as well as compiling and distributing any schedule K-1’s for the trust’s beneficiaries.

As your trusted tax advisor, we will help you develop an estate and trust plan that protects wealth and minimizes the tax burden of all those involved.  And, while we understand that protecting your assets is crucial to ensuring financial security for you and your loved ones, we also know that estate planning and trust accounting and tax services is not easy and requires specialized knowledge and experience.  With decades of experience, MGS LLP understands the fiduciary tax laws and is here to help you as a trustee.

Whether you have an existing trust and need guidance, looking to prepare a return for you trust or hoping to generate a new trust, contact us today to learn more about our trust accounting services.  Give us a call today for your free consultation at 610-688-6162.

With enhanced trust accounting and tax services, MGS LLP can help in all of the following areas and more:

• Trust income tax return preparation, planning and filing
• Ensuring the proper asset allocation to spouses, children, charities and your trusts
• Reviewing your estate plan and trust tax situation to be certain your financial goals are aligned and met
• Handling gift tax returns and strategic planning
• Business succession planning
• Estate Administration
• Trust Administration

MGS LLP tax professionals and CPAs have the experience necessary when it comes to preparing tax returns for estates and trusts.  We offer this service as part of our full service portfolio for both individuals and families. With a trusted process that has been in place for years, our accountants will oversee the collection of all financial information, tax forms, bank records and other documents necessary to compile your tax return.  Once we have all documents in hand, our staff ensure the timely preparation of all tax returns required so that the trustee and other authorized representatives of the trust have ample time to file the returns.

MGS LLP is uniquely qualified to deal with the constantly changing estate and gift tax legislation, giving us the most experienced trust accountant in the Philadelphia PA and Mainline area .  Through research and analysis of court decisions and tax legislation we stay on top of changes that may adversely affect our clients’ financial position and make recommendations when necessary on gifting strategies and changes for estates, wills, and trusts to avoid financially harmful tax situations. We will prepare your federal and state tax returns and take responsibility for annual tax planning to ensure that tax-saving opportunities are not overlooked.

Our client focus and personalized service is why our clients trust us and law firms and financial advisors refer their clients to us. MGS LLP has become a trusted name in trust accounting.

With offices in Wayne PA and Radnor PA, we serve the Mainline and Philadelphia areas, covering Montgomery, Chester and Delaware Counties.  Contact us today and let us help you get your trust tax affairs in order and start planning for what lies ahead. Contact us for a free consultation or call us at 610-688-6162 so we can get started right away.