Our Tax Team Works Diligently to Minimize Your Tax Burden.
Complex tax laws can turn your dreams of financial independence into a nightmare of complicated paperwork. Seemingly every aspect of life, both business and personal, carries a different tax implication.
At Cornwell Jackson, our tax team works diligently to minimize your tax burden. Our unique combination of taxation experts, positive attitude and a whatever-it-takes mentality result in tax solutions and services tailor-made to fit your specific needs and goals.
Corporate and Business tax services include:
- Transaction consulting
- Federal tax services
- State and local tax services
- Wealth planning
- Tax planning and research
- Building goals into tax planning for estate and succession plans
Tax Planning Tools
Running a profitable business these days isn’t easy. You have to operate efficiently, market aggressively and respond swiftly to competitive and financial challenges. Even when you do all of that, taxes may drag down your bottom line more than they should. Projecting your business’s income for this year and next can allow you to time … Continue reading What are the best 2016 business deductions?
At the end of last year, the Protecting Americans from Tax Hikes Act of 2015 was signed into law. Known as the PATH Act, it does more than just extend expired and expiring tax provisions for another year. The new law makes many temporary tax breaks permanent. This provides some stability in planning. When it … Continue reading New Law Extends and Enhances Numerous Tax Breaks
Businesses got some good news recently from the IRS. Some employers and other entities, which are required to file information returns for 2015 on Forms 1094 and 1095, now have an extension on the deadlines. This gives employers extra time to complete two tasks: 1. Provide the forms to recipients; and 2. File the forms … Continue reading Good News: IRS Extends ACA Filing Deadlines
Disparate Impact: The Other, Other Supreme Court Decision, and What it Means for the Real Estate World
The Supreme Court of the United States recently ruled on a case that may have a profound impact on a number of Americans. No, not that one, or that one. We’re talking about the case Texas Department of Housing and Community Affairs v. The Inclusive Communities Project (ICP). Not quite the sizzle of other recent … Continue reading Disparate Impact: The Other, Other Supreme Court Decision, and What it Means for the Real Estate World
Why are we hearing more about Captive Insurance Companies at happy hours, networking deals and professional conferences? Well, it’s simple… people are more open now to new ideas to lessen their tax burden than they were in 2011. It doesn’t take an Ivy League education to figure out that out of the top 5% of … Continue reading What’s All The Hubbub About Captive Insurance Companies?
If you don’t know what they are all about, just mention them to a CPA and watch the look of defeat wash over their face. These new regulations are long, they are complex, they are confusing, and at times they seem to contradict themselves. To launch into a complete and thorough explanation of them would … Continue reading The IRS Tangible Property Regulations, Commonly Known As: The Repair Regulations
“On behalf of Tom McCabe and all of us at KMA, I would like to express appreciation for the value that the firm of Cornwell Jackson brings to KMA. When KMA decided to engage a local CPA firm after years of frustration with the inattention of a Big Four firm, I recall having told you that ‘KMA is intent on finding a CPA firm that will make a commitment to truly understand out business and add value by providing counsel in the area of business planning, finance, and tax strategy.’ I also recall telling you ‘we need more than just a three paragraph report from our CPA.’
Cornwell Jackson not only delivered on their promises, but also have exceeded our expectations. We got the trusted business advisor that we wanted, but we also found the relentless advocate that we desperately needed. Thanks again for contributing so much to KMA’s success.”
-Bob Schaffhauser, Chief Financial Officer, KMA