Business Consulting

Many financial events in a business can influence your tax position over a period of years. That’s why it’s so important to obtain expert advice on tax planning strategies available to you before you authorize a major financial investment or establish a long range benefits program. The ELLS staff is particularly qualified to develop sound and innovative solutions for your business tax planning challenges. The types of questions that are answered by ELLS during your long range tax planning meetings may include:

• Is it more advantageous for you to buy or to lease equipment and trucks?
• Your company is interested in installing a pension plan. What are your options? What can you do to maximize the benefits to you and your employees and minimize the tax consequences to your company?
• Should your company be a C-corporation, S-Corporation of a Limited Liability Company (LLC)?
• You are considering relocating to an Enterprise Zone. What is the tax impact for you? Will you be able to take advantage of the benefits?
• Can your insurance policies for workers' compensation, business liability, product liability, and health be arranged better for higher profits?