Services - Tax

Our tax professionals can help guide your path.

Taxes should, and do, impact a significant number of your business and personal decisions. Because of this, having a solid understanding of your tax situation and the tax implications of your different financial decisions is key to minimizing tax consequences and obligations.

Tax planning is the best way to ensure you aren't stuck paying too much or too little tax when it's time to file your return. Our tax professionals have both the expertise and experience to guide you through the most efficient tax plan for you.

About us

ENTITY CHOICE

A number of factors influence your entity choice decision, such as liability protection, fringe benefits, payroll tax savings, and long- and short-term business goals. We can evaluate your situation in terms of each of these factors and help you make the right decision.

PENALTY ABATEMENT

Many individuals assume that they have no recourse with regard to penalties that may be imposed. We investigate such claims on your behalf to determine if the penalty has been assessed correctly and if you have any other alternatives.

ESTATE AND TRUST PLANNING

In order to protect your well-earned assets, you must create and then implement measures that align the execution of your estate with your long-term goals. We can assist you both in designing your estate and trust plans and then in executing these plans.

RETIREMENT PLANNING

As noted by the Cheshire cat in Alice in Wonderland, “If you don’t know where you’re going, does it really matter which road you take?” Our tax specialists can help you both define your retirement goals and then implement those measures that will take you directly towards your goals.

TAX NEEDS ASSESSMENT

As with any question or concern you may have, your best course of action is to see a specialist who can fully assess your situation and then offer you a solution. Your tax questions and concerns are no exception. By both examining your records and weighing your goals, our tax specialists can show you what steps you need to take to achieve your goals in the most cost-efficient way possible.

TAX PROVISION PREPARATION

Tax provision preparation and income tax accounting continue to increase in complexity and also continue to receive intense scrutiny. Income tax accounting is an often-cited issue in reported material weaknesses. Our income tax accounting experts can help navigate the complexities and compliance needs of your company when it comes to accounting for income taxes under FAS 109 (including FIN 48).

IRS REPRESENTATION

In the event that you are required to report to IRS authorities, we can assume the responsibility of representing you. By working directly with the authorities on your behalf, we abate your anxieties, offer appropriate explanations, and work to expedite the process.

TAX PROVISION AND REVIEW SERVICES

Tax provisions continue to be a leading cause of material weaknesses and restatements. Our tax provision preparation and review services can help minimize the potential exposures for your company.

At Larson & Company, our talented team of professionals are dedicated to providing you with the high-quality service you can expect from our many years of experience and expertise. We give you the service you need at a price that accommodates your company’s unique situation.

HIGHLY SKILLED AND EXPERIENCED IN TAX SERVICES:

Over 55 years of combined experience and expertise
Strong technical skills in tax and GAAP accounting knowledge
- ASC 740 / FAS 109 (tax provisions and accruals)
- FIN 48 (uncertain tax positions)
- FAS 123(R) (stock-based compensation)
Specialized knowledge in the taxation of insurance companies and statutory accounting
- SSAP No. 101
- SSAP No. 10 R
- SSAP No. 10
Minimization of exposures to material weaknesses and restatements
Preparation of tax provisions
Review of in-house prepared tax provisions
Timely and accurate work
Quarterly and annual preparation and reviews
Preparation of tax footnotes and required disclosures