The current United States tax system is traced to the guy with the mustache in this picture. The other Presidents immortalized at Mt. Rushmore governed our country without a broad-based federal tax system.
Ever since President Teddy Roosevelt, politicians have perpetually modified our tax code to achieve the social objective of the day. Our job at Schulte & Company is to stay on top of those law changes and legally minimize the impact of the tax code on your finances.
EVERY TYPE OF TAXPAYER, EVERY TYPE OF TAX
We work with all types of taxpayers – individuals, corporations, s-corporations, partnerships, LLCs, trusts, estates and not-for-profits – and on all types of taxes - income, payroll, property, sales, use, estate and gift. We have first-hand experience in conducting business in all 50 states and in dozens of countries aroudn th world. Compliance, Planning and Advocacy are the three components of our tax solution.
COMPLIANCE
Reliable, consistent and timely tax preparation is something all taxpayers need. Since nobody likes getting mail from the IRS, we put all tax returns, even simple 1040's, through a multi-step process that results in every return being checked for reasonableness, verified against source data, compared to prior year data and reviewed for accuracy. The result is an accurate return that has been scrutinized for tax savings and less mail from the IRS.
PLANNING
Tax planning starts when the business starts and evolves as the business and the needs of its owners evolve. We help determine the best legal and tax structure, make appropriate elections on how, when and where your income will be taxed, identify how tax law changes will impact your business and, when the time is right, analyze how to exit from your business. As each tax year progresses, we update your estimates as needed, advise you about tax saving opportunities and guide you around potential pitfalls.
ADVOCACY
Once you file a return, we are poised to defend you against challenges from the IRS, state, or local tax authorities. Every tax professional on our team has had the pleasure of representing clients during tax audits or inquiries. Our experience includes personal appearances at administrative appeals in Washington DC and state capitals, obtaining offers in compromise, negotiating payment plans, and responding to “routine” tax notices.
Click here for a client experience on how we helped their Bottom Line with our tax services.