Practice Areas

Personal Financial Services

Tax Planning

To achieve your most beneficial tax position, it is important to take the time to plan for your circumstances and the existing tax laws in place. Certain times it may be beneficial to wait until the next year to sell an asset or potentially sell something over time. Tax Planning can give clarity on these questions.

Projections

Through planning, we can provide tax projections for the upcoming year’s tax return. With the estimates provided to us, we can assist in preparing you for any tax burden that may arise.

IRS Correspondence

IRS notices can be confusing and hard to understand. We are here to assist you with any notices and contact the IRS on your behalf.

Tax Compliance

Understanding each individual’s tax reporting requirements is a necessity for being in good standing with taxing authorities. We are here to inform you of any filing requirement and file the necessary forms.

Audit Assistance

On occasion, individuals will be selected for an IRS audit. We prepare our returns knowing of this possibility and require the appropriate documentation in the case of an audit. Even with the appropriate documentation, this can be a scary process and we are here to be advocates for you until the audit is resolved.

Business Tax Services

Entity Selection

Knowing the appropriate entity structure for your business is a difficult question and can only be answered by your knowledge of the business and our expertise and experience. Together we can help our clients choose the appropriate entity structure for their business.

Consulting

Issues arise daily regarding our clients’ businesses and tax strategies. We are always available to our clients to help work through situations that have tax repercussions.

Bookkeeping

General bookkeeping and accounting services are offered to all our tax clients. We offer a wide variety of engagements for owners that wish to be directly involved in the bookkeeping process, or owners that do not wish to maintain a set of books and simply wish to process their transactions. We can assist in Quickbooks questions set up and/or with general bookkeeping consulting.

Payroll Services

We can be engaged to be a payroll service provider or file quarterly payroll reports for clients that wish to process their own payroll.

Preparations of Financial Statements

Preparations are offered to all business clients. These financial statements are based on the information provided to us and are not audited, reviewed or compiled. At Hess & Hess, LLP we provide these prepared financial statements to all of our business clients, so they can gain clarity of how their business is doing compared to prior periods.

Tax Compliance

Businesses have a wide array of tax forms that must be filed, including but not limited to, payroll tax forms, tip reports, Form 1099s, annual reports, and tax returns. We can assist in the filing and compliance with all these reporting requirements.

Estate & Trust Services

Consulting

When a loved one passes away, or a trust is set up to benefit someone or a charity, it is hard to know what is required to comply with the current tax laws. We want our clients to know they are not alone in this process.

Tax Compliance

Estates and Trusts have different complexities from individuals and business taxation.  We can help with your understanding of these requirements.

Not-for-profit Tax Services

Compliance

Even though an entity may not be subject to tax, it is imperative you remain compliant with the IRS in order to ensure the continued success of the organization’s mission.

Preparation of Financial Statements

Board members of not-for-profits need financial statements in order to make informed decisions regarding the direction of specific initiatives undertaken by the organization.

We set ourselves apart by assisting our clients with full support in any tax or general business-related issues.

Do not hesitate to send us any questions you may have!