LGA Managing Partner John Geraci discusses...
If you focus on result, you will never change.If you focus on change, you will get RESULTS
Individual Tax Services
Individual tax planning needs to happen early and often thanks to the Tax Cuts and Jobs Act. Congress continues to issue new guidance that impact your personal taxes, estate planning, charitable giving, and other financial endeavors. We strive to know about and positively impact our clients life decisions from buying a second home to starting or selling a business, to creating a family foundation. Each of these has tax implications and tax planning can help minimize what share of your hard earned money you give to the government.
Detailed instructions for Schedule K-1 for partners, beneficiaries and S corporation shareholders are available here: Partnerships, Trusts, S Corporations.
Tax Planning and Compliance for Individuals and Families
Tax planning is best done in collaboration with a family’s attorneys, insurance agents, and investment advisors so that the full range of objectives and risk factors can be considered. With our guidance, clients can reduce and defer current and future tax which maximizes available cash for long-range financial strategies such as investments, education funding, retirement planning, charitable giving and long-term care. LGA is well positioned to help individuals and families with their tax planning and income tax preparation, no matter how complicated.
Estate and Gift Tax Planning
LGA can guide you through the ever changing and complex process of protecting your assets and preserving your legacy through estate and gift tax planning. Effective estate and gift tax planning facilitates the orderly transfer of assets to your beneficiaries and favorite charities, provides security for your surviving spouse and children, and can reduce or eliminate the tax due on the transfer of your wealth to successive generations. Work with our team to preserve your assets that you have worked so hard to accumulate by maximizing the strategies available.
IRS and State Representation
Please exercise caution when communicating with someone claiming to be from the IRS or state agencies as there is a considerable amount of fraud in this area. If you need help with a legitimate IRS or state tax notice or audit, LGA can help. Our tax professionals have decades of experience working with these regulatory agencies to resolve notices and audits stemming from a variety of causes, whether due to taxpayer oversight or neglect, or improper assessments due to the lack of substantiation or explanation. We can file any amended tax returns as necessary and even assist non-filers become current through the filing of prior year tax returns. Let our team represent you and communicate with the IRS or state agency on your behalf.
Individual Tax Resources
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Individual Tax Team Leader
Marci brings over 30 years of experience in individual and entity tax planning and compliance, representing clients before both federal and state audit and appeals agencies. The focus of Marci’s practice is high net worth individuals with complex reporting and planning needs, as well as, their associated trusts, estates, and entities, including partnerships and LLCs. Marci serves as a trusted advisor to many families, individuals, and owner-managed businesses.