Tax Planning &  Compliance

Nearly Every Financial Decision has Tax Implications.

The constantly evolving landscape of tax law and regulatory compliance – especially across state or national borders – might seem impossibly complex. But this is a world we navigate and know intimately. Our clients rely on this deep and specialized experience.

In this ever-changing financial landscape, it is necessary to partner with an accounting firm that is aware of the ins and outs of the latest legislative matters, both domestically and globally.

Tax planning should be an important aspect of your total financial planning process. To help meet your needs, Templeton provides a wide variety of tax services for businesses and individuals. Our focus is our client’s success, whether we’re assisting with foreign or domestic structuring, providing up-to-date information on tax legislation or developing an estate or succession plan strategy.

Our tax compliance services are built around effective evaluation of federal, state and local tax positions. We utilize technology to create efficiencies in the process to provide our clients with proactive solutions to meet their personal and business tax filing requirements.

We can assist you with resolving tax notices and inquiries by representing you before tax authorities and handling tax audits and, when necessary, appealing positions with the tax authorities.

Cost Segregation

We assist clients with the analysis of all expenditures related to the construction of new buildings, real estate acquisitions, renovations, and large development projects as part of our cost segregation studies. By offering our clients a seasoned team with experience in the areas of fixed asset accounting and engineering we are able to work through the process of identifying shorter lived assets that often are buried or lumped together with longer lived assets.Whether you need assistance with capital gain planning, advice on like-kind exchanges or help with complex depreciation rules, we are happy to assist you.

TAX PLANNING & COMPLIANCE BLOG

Investing In “Opportunity Zones” While Deferring Taxes

The IRS defines an opportunity zone as an “economically distressed community where new investments may be eligible for preferential tax treatment.” The Treasury has certified nearly 9,000 of these districts across all U.S. states and its territories, including the entire island of Puerto Rico. An opportunity zone designation has the potential to trigger a rush […]

It Is Time We Look At The New Tax Law Changes That Will Impact You And Your Business!

Who will be affected?  If you own a business, pay state and local taxes, have entered into a new mortgage, purchased  property plant & equipment for your business, incurred losses at the business level or through a pass through entity or have carried forward losses from a prior year, incurred business interest expense at either […]