Ennis, Pellum & Associates, CPAs provides tax planning and compliance services to businesses, individuals, trusts and estates, foundations, employee benefit plans and non-profit organizations. Our team of tax professionals includes individuals with proven expertise in all of these areas, as well as in multi-state income and sales tax matters.

Businesses and individuals today require much more than the timely preparation of tax returns. Constant changes in tax laws dictate that your tax situation be monitored throughout the year. We emphasize tax planning, believing that identifying and communicating tax savings strategies is our most important service.

Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.

Our tax services include:

• Tax Services for Businesses
• Tax Services for Individuals

Tax Services for Businesses
Effective tax planning and return preparation is an important factor in the performance of your business. Our tax professionals maintain current knowledge in all the federal state and local tax laws and regulations.

Backed by a wealth of experience and cutting edge technology, they are in a position to recommend methods for avoiding tax consequences that might undermine the favorable outcome of your fiscal strategies. Careful monitoring and year-round guidance and advice from our tax professionals are the keys to our ability to assist your business in minimizing tax liabilities and maximizing opportunities.

Our business tax consulting and compliance services include:

• Business Entity Selection - Choosing the form of entity of your business (e.g. "S" corporation, sole proprietorship, limited liability company.) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.



• Tax Planning - Once entity selection has been made, our professionals will work with you to ensure that you make the most out of your organizational decision. For example, while S Corp status offers many benefits to closely-held business owners, there are a number of financial and tax issues that require proper planning and monitoring. We can assist you with maintaining the fine balance that ensures a maximum return on investment.



• Cost Segregation Studies - A cost segregations study is a low-risk, high-return method to quickly recover capital investments and improve cash flow. The process of separating new, renovated, and existing building costs into components, a cost segregation study enables you to either recover cash or hold onto cash longer by accelerating the depreciation deductions of certain components. Our close relationship with BDO Seidman, LLP recognized specialists in this high-return on investment activity places us in a unique position to maximize the impact for your business.
  
  

Tax Services for Individuals
Our tax professionals emphasize thoroughness and creativity in all our tax work for individual clients. We commit resources to help you minimize tax obligations and maximize your tax savings, both on a current and long-term basis.

Our individual tax consulting and compliance services include:

• Individual Tax Returns - Our tax professionals don't just fill in the blanks! They accurately prepare your income tax returns in a timely fashion, provide a thorough explanation of our work, and establish and maintain your tax records. But we don't stop there! We also analyze tax aspects of proposed investments, prepare estate and gift tax returns, and provide IRS tax examination representation if needed.



• Estate and Trust Tax Return Preparation - For those clients that need additional advice on preserving wealth through estate planning, our professionals can perform all of the individual tax return services, and also share ideas for planning lifetime gifts, realizing charitable goals, maximizing cash flow and if appropriate, keeping a family business in the family.



• Estate and Asset Management Planning - As you know, there is more to taxes than preparing returns. Long-term planning is needed to maximize savings. Ennis, Pellum & Associates, CPAs can help you with your long-term planning process by analyzing the tax aspects of proposed investments. We also assist our small business clients by preparing individual returns and associated schedules for closely held business structures, rental properties and sole proprietorships.