Our tax practice at Odoni Partners is focused on finding opportunities that will help our clients gain a competitive advantage and increase profitability in their industry.
Your business deserves high quality tax planning and preparation. It is our business to be informed of recent and proposed tax legislation that may have an impact on your business and minimize your federal and state tax liabilities. Our goal is to turn this knowledge into a valuable advantage for our clients.
Businesses and individuals are increasingly affected by tax, legislative and regulatory developments in the marketplace and their industries. Understanding the impact of these developments on our clients’ businesses, and personal operations and transactions is fundamental for their survival.
Our goal as tax practitioners is to help clients manage their tax concerns more effectively in what has become an increasingly complex environment. We engage in ongoing research, tax planning and consulting services for domestic and international businesses, associations and individuals.
A large percentage of tax liability incurred by businesses is due to state and local taxes. This can drain business profits if not managed efficiently and timely. At Odoni Partners, we fill this role by providing outstanding knowledge, experience and solutions to our clients to enable them to utilize all state and local tax advantages, and to comply with rules and regulations related to their industries.
If you’re one of the millions of frustrated taxpayers who owe back taxes to the IRS or state, or who are under audit or examination by the taxing authorities, we provide solutions in matters of tax relief. For years, Odoni Partners has successfully brought hundreds of individuals and businesses a permanent solution to their tax burden.
Through successful representation with Federal and State agencies, we have a proven record of significantly reducing the tax liability of individuals and businesses, often saving them tens of thousands of dollars.
We are committed to achieving the best possible results for our clients across a wide range of tax relief issues:
International tax can be defined by a single sentence – minimizing your global tax exposure by reducing your tax rate. In light of the legislative and regulatory focus on shoring up international loopholes, this, along with increased transparency and reporting requirements, can become a critical factor for inbound and outbound companies in the years ahead. In addition, revisions to Fin 48 will also present challenges to companies in how they analyze, document and report their tax positions.
Odoni Partners’ international tax consultants understand how these critical factors may impact your organization. We can work with you to provide innovative global tax-savings strategies that fully align with your overall business objectives. Our consultants also help clients with international issues ranging from tax and legal structuring for overseas expansion and/or cross-border merger and acquisitions, to personal financial international planning.
There is an ever-changing environment of tax law that can be difficult to follow unless you’re an expert in tax preparation and planning. Luckily, our team at Odoni Partners LLC is fully knowledgeable about tax and regulatory changes that can affect your business or personal tax rate. Our goal in preparing and planning your personal and business taxes is to create a strategy that maximizes efficiency to take complete advantage of available tax credits, deductions, and changes in tax law that can benefit your personal or business taxes. It is highly recommended to enlist a tax expert to guide you through the tax preparation and planning process so that you can create a tax strategy that will benefit you in the long run. General tax knowledge available online may not effectively meet the needs of high net worth individuals, who have complex domestic and international investments. General tax knowledge is also ineffective for businesses who are operating in specific industries, states, and local areas—there are many benefits that you may overlook without the guidance of an expert.
While tax preparation and planning may not be your favorite activity to undertake as a business or high net worth individual, it can unlock new capital opportunities, reduce your taxes owed, and even increase your tax return. The general tax preparation software available to the masses cannot take into account your complex individual and business situations and can often file inaccurate returns. Recent reports on tax preparation software available to the public found that they were unable to cover complex tax returns. It is preferable to take a specialized approach to filing taxes and work directly with experts who understand your personal and business situation to strategize your tax preparation and planning with a complete understanding of all the complex factors that can influence the outcome of your tax return.
Accurate tax planning can help you meet your financial goals, assess your future financial viability, and plan for long-term goals such as retirement. As a business, accurate tax planning can save you thousands of dollars in fees to correct inaccuracies and responding to government inquiries on documents submitted.
Our areas of expertise in taxes include:
Tax planning and preparation doesn’t have to be complicated. While there are many moving pieces, we have experts on-hand to handle every component of your tax process. Whether you are looking to learn more about how international and federal taxes interact or are looking to reduce state/local tax liability, we can create a plan for you as an individual or a business. Contact us today to learn more about how we can support you in effectively strategizing your taxes. It could be the difference between business success and failure.
