Tax Preparation &
Planning
Effective Tax Preparation and Planning services go beyond compliance and meeting deadlines – we help businesses, nonprofits and individuals make smart, strategic financial decisions that drive long-term success. Our team of experienced CPAs takes a proactive, year-round approach to identifying tax-saving opportunities, ensuring full compliance with evolving federal, state and local tax laws (SALT), and aligning your tax strategy with your financial goals. We tailor every plan to minimize tax liabilities, avoid costly surprises, and deliver lasting value.
Tax Services
Business Tax
Our Business Tax services are designed to help companies navigate the complexities of tax compliance while minimizing liabilities and maximizing tax savings. We specialize in corporate tax planning, tax preparation, and tax filing services, ensuring your business meets all federal, state, and local tax requirements. Our expert CPAs also offer year-round strategic tax advice to help optimize your business structure, take advantage of available tax credits and incentives, and plan for long-term financial success. Whether you’re a small business or a large corporation, we provide customized tax strategies that align with your unique needs, helping you stay ahead of ever-changing tax laws and regulations, meet your goals and foster growth.
State & Local Tax (SALT)
Our State and Local Tax (SALT) services help businesses and individuals navigate the ever-changing tax laws at the state and local levels by providing tailored tax planning and compliance strategies that minimize your SALT liabilities. This includes assistance with sales tax, property tax, income tax, and franchise tax, ensuring you meet all filing requirements while identifying opportunities to reduce your overall tax burden. Whether you’re expanding into new jurisdictions, dealing with audits, or seeking ways to optimize your state and local tax position, our team of CPAs provide proactive customized solutions to keep your business compliant and financially efficient.
Credits & Incentives
Our Credits and Incentives services help businesses unlock valuable tax credits and incentives to reduce their tax liabilities and improve cash flow. Our experienced CPAs identify and maximize opportunities in areas such as Research & Development (R&D) tax credits, workforce development incentives, energy efficiency credits, and state-specific tax programs. We conduct thorough reviews to ensure your business takes full advantage of available federal, state, and local credits, providing you with actionable strategies to lower costs and reinvest in growth. Whether you’re a small business or a large corporation, our team customizes tax solutions to fit your unique needs, helping you save money while remaining compliant with ever-evolving regulations.
Individual Tax
Our Individual Tax services help you optimize you tax situation while ensuring full compliance with federal, state, and local tax laws. Our experienced CPAs provide tax preparation and filing services tailored to your unique financial circumstances, whether you’re an employee, self-employed, or a business owner. We offer strategic tax planning to identify deductions, credits, and opportunities that reduce your tax burden and maximize your refund. Additionally, we assist with estate planning, retirement tax strategies, assistance with tax projections and quarterly estimated tax payments, and IRS resolution services, ensuring long-term financial stability and peace of mind.
Cost Segregation Studies
Our Cost Segregation Studies services help businesses maximize tax savings by accelerating depreciation on commercial properties. Our experienced CPAs perform detailed cost segregation analysis to identify and reclassify components of your property into shorter depreciation schedules or lives, which can lead to significant tax deductions in the early years of ownership. This strategy is particularly beneficial for businesses that have recently purchased, constructed, or renovated commercial real estate. By optimizing your tax depreciation, we help you free up cash flow, reduce your current tax liabilities, and improve your overall financial position. Whether you own office buildings, manufacturing facilities, or retail spaces, our cost segregation services provide a tailored approach to maximize your investment’s tax efficiency and keep more money in your business.
Estates & Trusts
Our Estate Planning services are designed to simplify the complexities of preparing for the distribution of your assets. We assist you in clearly defining your estate planning goals, organizing a team of legal, financial, and tax experts, and evaluating various estate planning options. We offer expert guidance on trust administration, tax implications, and estate tax planning, helping you minimize tax liabilities and avoid costly mistakes. Whether you’re setting up a living trust, creating a will, or managing a family estate, our team tailors strategies to your specific needs and goals. We also assist with trust and estate compliance to ensure all legal requirements are met, giving you peace of mind knowing your legacy is in good hands. Recognizing that each estate is unique, we offer personalized guidance throughout the process and provide ongoing support to ensure your estate plan remains aligned with your objectives.
Industries
Monroe Shine services a diverse national client base across a broad range of industries, providing expert CPA and business consulting strategies with an aim to exceed client expectations.
