If you have ever tried to prepare your own income tax return you have probably discovered how difficult it can be to prepare the return correctly. Whether we like it or not, today's tax laws are so complicated even the simplest returns can be confusing. Even using a computer program is no guarantee that the return is right because answering one question wrong can have a major impact on the result. What may seem like a basic function for CPAs, tax preparation is one of the most complex services we provide.
Tax compliance and preparation of tax returns is much more than just putting numbers on a return or knowing the tax laws. We work with clients proactively throughout the year, asking questions about their plans and goals, researching alternative tax strategies and planning for the most efficient, practical and creative approach for the best business result. The economics of a transaction should be the driving force behind most business decisions but the selection of the best tax strategy must compliment the net end result.
Today's tax complexities and compliance pitfalls require that we understand not just the law but also the inter-relationship between our clients' personal and business tax needs. It is imperative that we take a comprehensive approach to planning our client's overall needs. Our goal is to ensure compliance with tax rules and filing requirements while never losing sight of planning and tax saving opportunities. In the end, there is no substitute for the assistance of an experienced tax professional on your team.
Call us now and schedule your complimentary tax review and consultation. We will spend an hour with you to review your prior years tax returns and discuss your vision, values, goals and expectations for the future. Knowing about your expectations and you knowing ours is an important first step in developing a relationship built to last. We want to be on your team.
"A very Uncommon CPA firm. Brent Ross and his team are extremely helpful and not only care about counting beans, they care about teaching their clients how to plant and grow the beans! They have unique ways of finding... read more
"I have known Brent and his family for over thirty years and have always had the highest respect for him as a friend, as a Christian, and as our accounting and business consulting partner..." read more
"Brent and his staff have provided excellent services in a timely manner for many years. The Firm is one of knowledge, experience, and integrity." read more
"I have retained the services of Brent and his team for many years. I have found them to be honest, reliable, on top of current law change, and communicate well with me. They have always..." read more
"John and Brent were extremely helpful throughout the start-up and growth phases of the business. They provided timely, clear and useful advice regarding appropriate accounting and tax issues. They took the initiative to..." read more
"Brent Ross and his associates have one of the top CPA firms in Jacksonville. They take the time to understand your business so you can maximize your business. Moreover they bring..." read more
"We had a complicated return of 2 states and 3 jobs and he made the process a breeze. Brent and his staff worked together to help make sure we were ready by our target date..." read more
"Brent is a professional at heart that truly tries to understand the issues you face. He then tries to understand how he can help you, not only from an accounting/tax benefit, but how to..." read more
"Brent has provided outstanding accounting services for me personally and for some small corporations. His ability to track the details from year to year is amazing..." read more
"Brent and his firm have always been accessible, dependable, timely and creative when needed. His insight regarding a company's operations goes beyond crunching numbers..." read more
"Brent Ross is a powerful business coach. His coaching skill and financial expertise are the perfect combination for any business owner..." read more
"Over many years, Brent's firm has represented several of my clients (Disclosure-I am Brent's brother and a practicing attorney), and those clients and myself have found the personnel in Brent's firm to be very knowledgeable..." read more
"I have know Brent for a while now. He does more than just your taxes. He is a true advisor that help business owners unlock more profit in their operations..." read more
"Brent and his team don’t just "crunch numbers”. He provides a variety of services to help their clients improve their businesses. Brent’s cost segregation studies can generate an immediate increase..." read more
"It is without a single reservation that I recommend Brent Ross. I have worked with Brent and the Harrison Assessments organization for a while now ..." read more
Real estate investors have reason to celebrate in the upcoming tax season: The Tax Cuts and Jobs Act significantly expanded the first-year tax breaks for bonus depreciation and Section 179 deductions. But Congress may need to fix one intended change before it can benefit investors. And there are some pitfalls to consider before taking advantage of first-year depreciation breaks for real estate.
Historically, companies that wanted their employees to be protected with health coverage, but didn't want the hassle of having a company health plan, could simply give employees an amount of money sufficient to reimburse them for the cost of buying that coverage or some portion of it. As long as the individuals provided evidence that they used those funds for that purpose, the dollars were excludable from taxable income for the employees.