From attorneys to engineers to architects to medical professionals, professional service firms encompass a wide range of industries. However, what they all have in common is highly specialized training, specific license requirements, and high levels of taxation. The complications of high taxation, self-employment taxes, and limitations of certain tax deductions can all be eased by having a professional, knowledgeable financial partner on your side.
At Bucknam & Conley, we understand how imperative proactive tax planning is for professional practice firms. We will take a look at your whole tax picture, taking into consideration all business income, personal income, spouse’s income, and deductions and use this to provide advanced tax reduction strategies. You can rely on us to help build value in your practice, monitor cash flow, fund retirement, and assist with the sale of your practice.
As experienced professional practice CPAs, we provide personalized services to each and every client with the goal of improving profitability, designing the optimal business structure, and reducing taxes – everything businesses need to stay ahead of the competition. From industry-specific to general accounting services, we are the financial experts you need on your side. We can also serve as a partner to your CFO and are available when needed.