Taxes
Keep More of What You Earn
Hiring an accountant to shave a few dollars off your personal or corporate tax bill year after year is not the most effective way to minimize your tax burden. A holistic approach that takes into account your current financial picture as well as your goals for the future is more cost-effective in the end.
As with our other services, Clark Nuber chooses to take this holistic approach. We offer these services to all types of industries including manufacturers, healthcare organizations, high technology companies, research institutions, construction contractors, real estate professionals, service providers, retailers, wholesalers, and not for profit organizations. We strategize, plan, and use the most current technology to monitor the constantly changing tax laws and regulations.
Tax Returns
Naturally, we prepare tax returns for businesses, not for profit organizations, individuals, estates, trusts, partnerships and corporations. Our practice also includes up-to-date tax planning and consulting, which provides you with a fully integrated package of services.
2007 Online Tax Guide
Income Tax Planning
We apply the fine points of the tax laws to federal and state income tax planning for individuals, partnerships, limited liability companies and corporations. We believe that tax planning is critical for the growth of a business. If you are just starting out, we can advise you on the different forms of ownership and the related tax consequences. If you have been around for awhile, we can help you with year-end tax planning, evaluating the tax consequences of certain transactions and estate planning.
State and Local Tax Studies
Our experts examine the same records as a state or local tax auditor would but with the reverse objective of finding overlooked tax deductions, tax credits and other incentives. We have recovered millions of dollars in overpaid state and local taxes for clients ranging in size from small start-up businesses to Fortune 100 corporations.
Litigation Services
Tax and financial issues are often what make legal disputes so complex. We can assist you in developing and negotiating strategies for all types of legal disputes including divorce, employment contracts and business disputes. We can also help you evaluate the potential economic effects of settlement proposals.
Nexus Studies
“Nexus” is the term for the connection that allows a state to impose its taxes on nonresident businesses. A nexus study is an analysis of where your organization may have filing requirements by identifying activities that are creating a taxable presence in other states. We review state income, sales, use, and property taxes, registration requirements, and payroll tax obligations. Based on materiality thresholds, the cost of compliance and the aggressiveness of the taxing authority, we prioritize your tax obligations for each jurisdiction so you can manage your business risk. And, before you begin filing prospectively in any jurisdiction, we can negotiate agreements with that jurisdiction in order to reduce the tax liability, penalties and interest for prior periods.
Property Tax Exemptions
A personal or real property tax exemption is a valuable asset which can be worth tens or even hundreds of thousands of dollars. We understand Washington property tax exemption laws and have actually worked with various organizations to write several exemptions passed by the Legislature.
Personal Property Tax Analysis
A personal property tax analysis can permanently reduce your annual tax burden. These reviews examine the tax classifications of assets to segregate them into little-known categories that quickly minimize your annual assessment. They also verify the removal of disposed assets and reduce the value of your assessment for other non-includable items. As with our state tax studies, our fee for these services can be set such that it is contingent upon success.
Tax Exempt Status Filing and Management
Clark Nuber can provide your organization with experienced consultants to help you file for tax-exempt status—or manage the entire process from start to finish, leaving you free to pursue the more important goals of your organization.