At Dunn, Pariser & Peyrot, we take a comprehensive view of our client’s complete tax situation that goes beyond simply preparing your tax returns. We plan your overall tax approach and ensure on-going compliance with the latest tax regulations. Our professionals bring a high level of technical knowledge of the tax laws as well as years of practical experience in applying consistent methodologies to your particular tax situation.

Here is a sampling of our more common tax services:

Tax Planning

  • Determining the timing and manner of how to make charitable contributions, including advising on whether to use a donor advised fund or set up a private foundation
  • Analyzing the clients’ business activities in order to determine the entity choice (LLC, S-Corp, C-Corp) to minimize taxes
  • Reviewing tax rates from year to year to decide the timing of when to earn income and pay deductions
  • Projecting tax liabilities in order to manage personal and business cash flows

Tax Compliance                    

  • Preparation of federal, state and/or local income tax returns
  • Assistance with the electronic transmission of estimated tax payments
  • Preparation of disclosures of foreign assets and foreign transactions including:
    • FinCen Form 114, Report of Foreign Bank and Financial Accounts
    • Form 8938, Statement of Specified Foreign Financial Assets
    • Form 5471, Information Return of U.S. Persons With Respect To Certain Foreign
      Corporations
    • Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
      Corporation Engaged in a U.S. Trade or Business
    • Form 8621, Information Return by a Shareholder of a Passive Foreign Investment
      Company or Qualifying Electing Fund
    • Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation
    • Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of
      Certain Foreign Gifts
    • Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner

Audit Representation

  • Acting as the liason between the taxing authority and the client
  • Serving as an advocate for the client’s tax position
  • Coordinate the preparation and presentation of the documentation of deductions
  • Minimize the imposition of penalties