tax, consulting, advisory, GYF, Grossman Yanak & Ford, CPAs, accounting, Pittsburgh

Business Taxes

At Grossman Yanak & Ford LLP, we view the practice of business taxation as a multi-faceted professional discipline, combining innovative, proactive and strategic tax planning with tax return preparation of exceptional quality.

Tax Planning

Because tax laws are complex and ever-changing, they require attention from experienced and knowledgeable professionals who are up-to-date with complex tax matters, as well as current jurisdictional and judicial tax developments. We provide constant, year-round tax planning and are proactive in our approach toward lowering your business tax liabilities. With a focus on practical tax strategies, our tax professionals can help you identify opportunities that can, and will, lead to tax deferrals and minimize current and future tax obligations.

Tax Compliance

Only when returns are accurately completed and the taxpayer pays the minimum tax required by law is a strategic tax position validated. Our experienced tax professionals can prepare income tax returns for your company, as well as individual tax filings for the owners, executives and shareholders. Using a single firm to provide services for all parties allows for more efficient tax planning and compliance. We are able to prepare any type of business tax return, including corporate, partnership and limited liability returns, as well as keeping you in compliance with all state and local tax requirements. Our firm has extensive experience with multi-state tax issues and can help you with international tax matters.

Our Business Tax Services

Our Tax Services Group provides a wide range of business tax planning and compliance services for closely-held companies, including privately and publicly-held corporations, S Corporations, partnerships and limited liability companies.

Our tax professionals will perform a free, no obligation “tax checkup” which entails a detailed review your prior-year’s return. We will discuss our findings with you, as well as suggestions for future planning ideas. If you are considering hiring a firm to assist you with your taxes, we would be pleased to discuss your company’s needs. Some of the areas in which we provide business tax services include:

  • Business structure analysis
  • Business tax compliance services
  • Compensation planning
  • Deferral of tax under IRC Section 1031 exchanges
    of investment or business properties
  • Deferred compensation
  • Employer/employee tax strategies
  • Entity formation plannings
  • Evaluating the impact of tax law changes
  • Family-owned or closely-held business
    succession planning
  • Information return reporting analysis
  • International tax issues
  • Inventory methods analysis
  • Multi-year tax projections
  • Operational tax strategies
  • Partnership/LLP tax return preparation
  • Pension plan consulting
  • Representation before the IRS & State Authorities
  • Retirement planning, including distributions from qualified plans and IRAs
  • S Corporation analysis
  • Selling and buying businesses
  • Selling and buying real estate
  • Tax accounting methods analysis
  • Tax attribute and carryover analysis
  • Tax considerations of mergers, acquisitions and divestitures
  • Tax credit planning including R&D, foreign tax credits and other credits
  • Tax strategies related to asset acquisitions
  • Year-end tax planning