TAX PREPARATION AND PLANNING
For a combined total of over 50 years of experience, the CPAs at Young, Hanks and Hanks have helped clients spend less time worrying about their taxes. Our tax services go beyond what’s considered standard to help you plan effectively—and keep you from paying more taxes than necessary.
The tax laws are constantly changing in today's legislative environment.
Our goal is to help you understand how the recent changes in tax laws could impact your individual, business, estate, or gift taxes.
We can determine what returns you need to file and walk you through any issues related to federal and state tax audits.
Count on our team of experienced tax professionals to develop a customized tax strategy that moves you toward your short- and long-term goals—and away from year-end surprises.
ACCOUNTING AND BOOKKEEPING
Monthly | Quarterly | Annually
Accurate, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Young, Hanks and Hank's experienced staff can help you with your accounting and bookkeeping that meet your business needs.
We can generate your accounting records from start to finish, or we can assist your accounting staff with monthly or periodic accounting entries. We tailor our services to meet your needs and expectations.
ESTATE AND TRUST TAXWORK
Effective estate and trust planning and preparation can help to ensure financial security for loved ones. Our job at Young, Hanks and Hanks is to help our clients navigate the complex and changing tax laws and advise them on how best to minimize the tax liability for beneficiaries. Each estate and trust situation is different and we must plan carefully to ensure the best tax planning strategy for each client.
We take the time to lead our clients through this process and ensure that they are comfortable and understand the tax implications. We prepare the annual Form 1041s for both simple and complex trusts, and Forms 706 for decedents’ estates and Forms 709 for annual gift tax reporting.
Contact our firm today to learn more about how we can assist you with trust and estate tax return preparation.