Tax Compliance & Planning
Research & Development (R&D) Tax Incentives
Many business owners are unaware that their business is eligible for Research and Development tax incentives. However, The Whitlock Company’s experienced CPAs may be able to find money for your company if, for example, you have actively devoted time to improving your products or processes.
Manufacturers qualify for Research and Development tax incentives most frequently, but they are applicable to other fields. Discuss your business with The Whitlock Company to learn more.
Cost Segregation Studies
A Cost Segregation Study by The Whitlock Company gives your company significant financial advantages. A Cost Segregation Study is a low-risk, high-return method of recovering capital investments and improving cash flow quickly. We accomplish this by creating an engineering-based analysis of the costs associated with a commercial building, then finding the optimal allocation of these costs applying the most up to date tax codes and case law.
ESOP Formation and Consulting
An Employee Stock Ownership Plan (ESOP) allows many businesses to thrive as employee-owned companies. The Whitlock Company lends their expertise to established ESOPs through services such as planning and compliance assistance and plan administration, planning and compliance. For business owners considering changing their business to an ESOP, we conduct in-depth feasibility studies to discern whether your business would benefit from restructuring as an ESOP.
Exit Planning
An effective exit plan is simply good business. The sale or transfer of a privately held business is a significant financial event, and one that unfolds differently for every business owner. The Whitlock Company has guided numerous professionals through this process. With our experience as your guide, transferring ownership of your company is a smooth transition. We will also help you outline and meet your personal financial goals before exiting your business. Let us help you plan your exit strategy.
Individual Tax Planning
The Whitlock Company provides carefully considered tax planning for individuals. We work with you to devise a long-term strategy to preserve what you have earned.
Business Tax Planning
We offer comprehensive tax planning services for your business. Our tax professionals prepare your return with the intricacies and tax efficiencies of your business in mind. We can provide audit representation before federal, state and local agencies for inquiries, audits and offers-in-compromise. The Whitlock Company is also prepared to help you with specialized issues of tax planning such as handling mergers and acquisitions, analyzing executive compensation and benefit plans and employee benefits.
Estate Planning
The Whitlock Company provides thoughtful estate planning for clients with a gamut of goals and assets. We work to understand your financial and personal background and coordinate the estate planning team to ensure that we reach your goals.
State and Local Tax Services
We can provide these services to all 50 states through our association with PKF.
