Tax Services

In today’s complex tax environment, we strive to be on the cutting edge in providing superior tax services to our clients. Fundamental to tax preparation is ongoing tax planning, incorporated within your overall business strategy, ultimately minimizing current and future tax liabilities. Using our experience and access to the most current updates in tax law and legislation, coupled with the latest technology in computerized tax software, enables the delivery of accurately prepared tax returns for individuals, corporations, partnerships, LLC’s/LLP’s, trusts, estates and not-for-profit organizations. We also provide tax services addressing divorce and support matters, tax implications related to the purchase and sale of a business and extend our services in the event representation is required before state and federal tax agencies.

IRS Representation

During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.

Business Entity

At MTX. we want to help you and your business develop a tax strategy that maximizes your tax savings. We provide a full range of tax services tailored to the needs of your business or partnership in a variety of transactions. We work closely with you to develop a well-planned tax strategy and provide year-long guidance that helps you meet your goals.

Our services include:

  • Business acquisitions, mergers, reorganizations, and terminations
  • Business formation and structure
  • Cash flow management
  • Deferred compensation
  • Entity selection
  • Federal, state, and local tax reporting
  • Consolidated tax returns
  • Multi-state tax returns
  • Representation before federal and state tax authorities
  • Research and development tax credit studies and analysis

Estate & Trust

Estate planning is an important part of a person’s legacy left to family, friends, or favorite charities. At MTX, we understand that planning for the distribution of your estate after death is only one aspect of estate planning. Equally important is planning for the accumulation, conservation, and enjoyment of your property and assets during your lifetime.

We can assist you with wealth management and conservation of your estate by minimizing tax liabilities. Our estate planning process focuses on the preservation of wealth and the interrelationship of estate, fiduciary, and personal taxes. Working with our experienced estate and trust professionals, you will receive personalized service that focuses on developing the best estate and trust plan for you.

We can provide you with complete estate planning and wealth management services, including:

  • Preparation of federal estate tax returns
  • Preparation of estate and trust income tax returns
  • Postmortem tax planning
  • Assistance to a surviving spouse or other heirs
  • Review of current wills, trust instruments, and schedules of assets
  • Identification of family objectives and needs regarding wealth preservation
  • Estimation of estate taxes under current estate plans
  • Strategy of various alternatives to current estate plans and calculation of potential tax savings
  • Examination of privately held business concerns, including valuations, alternative methods of paying estate tax, and transfer and/or disposition of business interests
  • Planning for assets with unique estate tax attributes, including retirement plans and life insurance
  • Identification of potential liquidity problems caused by federal and state estate taxes, generation-skipping transfer tax, debts, cash bequests, necessary funds for the continued operation of family business, probate, and administration costs, etc.
  • Development of a lifetime gift program utilizing appropriate vehicles, such as family limited partnerships (FLPs), limited liability companies (LLCs), charitable trusts, life insurance trusts, and qualified personal residence trusts
  • Assistance in communicating and discussing your plan with your family to ensure there is a mutual understanding and commitment to your plan
  • Ensuring the proper implementation and administration of the estate plan

Do not risk losing a large portion of your estate. Let MTX assist to create a plan that provides security for your family and leaves a legacy for your future generations.

Individual

Life can be full of surprises as unexpected events and changes often result in unfavorable tax consequences. MTX can work with you to minimize your tax exposure and help you meet your tax and wealth accumulation goals.

We provide the following personalized services for individuals:

  • Alternative minimum tax planning
  • Annual income tax planning
  • Charitable giving and investment strategies
  • Estate, gift, and trust planning
  • Financial planning
  • Tax free exchanges

International

Globalization sends more and more companies around the world to deliver products and services, presenting exciting opportunities for today’s growing businesses. Success abroad for organizations with international expansion of operations stems from careful planning and structuring. MTX can provide knowledgeable international tax planning for your growth and expansion strategies.

We offer a broad range of international tax services, including:

  • IC-DISC consulting and accounting
  • Transfer pricing, planning, documentation, and compliance
  • Cross-border transactions (inbound and outbound)
  • Foreign business structure/strategies for refinance or joint venture
  • Foreign tax credit planning and compliance
  • Foreign mergers and acquisitions/global restructuring
  • Foreign investments in the U.S.
  • Permanent establishment issues
  • Tax strategies to optimize repatriation of offshore assets and offshore asset protection strategies
  • Subpart F tax planning
  • Global tax planning for intangible property

State & Local Tax Compliance and Credits

As your business evolves, enters new markets, or expands product lines, changing state and local tax laws become an increasingly important concern. MTX understands that your business needs local tax expertise to take advantage of all available deductions, credits, and incentives offered where you operate. Our state and local tax professionals are also skilled in the complexities of conducting business in multiple states and will work with you to fully understand your business and provide the best tax solutions for your multi-state operations.

MTX consults with you to make sure your business is filing appropriate returns, identifying and minimizing tax exposure, taking advantage of all applicable tax credits, and structuring your multi-state activities to avoid excessive tax expenses and costs.

We offer a full range of state and local tax consulting services, including:

  • Apportionment and allocation review
  • California Enterprise Zones
  • Compliance requirements
  • Entity structuring
  • Hiring tax credits
  • Nexus requirements and planning
  • Property tax compliance
  • Sales tax credits
  • Sales, use, and local tax review
  • State and local tax incentives
  • Strategies to minimize taxes for multi-state operations
  • Tax planning
  • Transaction structuring
  • Unitary taxation

Succession Planning

When it is time to hand off your business to a successor or other family members, strategic planning can make all the difference. Succession involves months to years of preparation, intense training, and a sound strategy.

MTX can help you with your business transition. We specialize in business succession planning and wealth transition strategies for privately held businesses. Our professionals will help you develop and implement a business succession plan that will promote family harmony, avoid potential power struggles and costly disruptions, and create estate and income tax savings.

Our services include:

  • Goal assessment
  • Assistance in choosing and grooming a successor
  • Identification of strategies for transforming ownership to family members, including:
    • Gifting
    • Selling stock
    • Stock redemption
    • Selling assets
    • Split-offs
  • Identification of options for transferring ownership to unrelated shareholders and partners, including:
    • Redemption agreements
    • Cross-purchase agreements
    • Buy/sell agreements
    • Liquidation agreements
    • Analysis of the funding of the transfer
    • Analysis of employee leveraged buyouts and ESOPs
    • Business valuation
    • Estate planning
    • Wills and trusts