Tax Planning & Compliance

Whether you’re a business or individual, at the crux of your financial vitality is strategically minimizing your tax burden and preserving capital for both your business and family. At MFA, we go beyond basic tax planning and preparation of federal and state tax returns and help our customers put into play strategies that extract the most value for their business and support the growth and preservation of their personal wealth.

Business Tax
- C-Corporation Taxation
- Pass-Through Entity Taxation
- NOL Preservation
- R&D Activity & Credit Optimization
- Choice of Entity Determination & Conversion
- S-Corporation Qualification & Election
- Allocation of Partnership Income
- Tax Provisions
- Technical Accounting Support
Individual and Family Tax
- Trusts & Beneficiaries
- Capital Gains Transactions
- Estates & Estate Trusts
- Multi-Generational Asset Transfers
- Executives & Equity-Based Compensation Plans
State and Local Tax (SALT)
- Multi-State Taxation
- Sales Tax Compliance & Nexus Planning
International Taxation
- Tax on Foreign Sales
- Foreign Losses
- Dividends & Foreign Tax Credits
- Transfer Pricing
- Compliance & Reporting

2020 Year-End Tax Planning Resources

2020 Year-End Tax Planning for Businesses

Effective tax strategy can preserve liquidity, lower costs and work in tandem with overall business strategy. Read on to explore the tax relief tactics that can help take your business from reacting to the day-to-day challenges to taking advantage of those incentives that are available to help move your business forward.

2020 Year-End Tax Planning for Individuals

As the year-end approaches, individuals, business owners and family offices should be reviewing their situations to identify any opportunities for reducing, deferring or accelerating tax obligations. This article highlights specific areas and provides annual inflation adjustments for tax year 2021.

Year-End Tax Planning Under a Biden Presidency

Under a President Biden (and depending on the future makeup of the Senate), significant tax law changes are possible over the next few years. Here we summarize Biden’s planned initiatives for corporate and individual income taxes, Social Security and Medicare taxes, estate taxes, as well as various tax incentives.

Webinar Replay: 2020 Year-End Tax Planning

Amidst a global pandemic and with the balance of power in the federal government undetermined until early next year, there are more tax planning questions and considerations than ever before. Leaders from MFA’s Tax Practice recently reviewed key strategies to reduce tax liability, take advantage of unique COVID-19 relief opportunities, and generally position your business and/or family for financial success in 2021. Watch the on-demand replay now.

As a software company, it’s critical that we have a handle on our tax exposure in states across the country. Fortunately, we’ve found a great partner in MFA. From setting up state registrations to conducting customer outreach on our behalf, we rely on them to provide a complete assessment of our exposure and ongoing support and compliance to minimize future risk. They are responsive to my questions, give thoughtful advice, and ultimately leave me with complete confidence that we’re doing what we’re supposed to do. I can’t ask for better service than what I get from MFA.

Shawn Burke, VP Finance, RStudio, PBC

They not only helped with our financial statement audit and recommended great tax strategies, but they also dug into things like our company structure, employment arrangements, system and software needs, etc. And all along the way, they continually came up with ideas and solutions we had never even considered. Working with MFA has been such a great partnership. It’s obvious they really care about us and our business. They are extremely responsive, personable and passionate about what they do – helping business owners like me.

Chad Fitton, Co-Owner, TG3 Enterprises, Inc.

As business owner, I tend to get engrossed in the day-to-day and planning for the future often takes a backseat. But through my partnership with The MFA Companies, I now have a team on my side, looking at my business from a 3, 5, and 7-year horizon. They’ve got broad expertise and have brought many innovative ideas to the table. They aren’t just doing my taxes, they’ve got their eyes on my future and are constantly looking for opportunities to reduce my tax liability, improve profitability and stimulate growth. Relationships are hugely important to me and at the end of the day, I know I can trust the team at MFA. They’re proactive – always checking in on me and my business – that gives me confidence and puts me at ease. MFA is a great firm.

David Lanci, President & CEO, NexDine LLC

MFA provides Gross + Cohen with exceptional advice and multiple layers of support. As a real estate investment firm representing domestic and international investors, we appreciate MFA’s industry expertise and their ability to handle the unique tax issues our business faces.

Michael Cohen, President, Gross + Cohen Real Estate Investors, Ltd.

Featured Case Study

First Highland Management & Development Corp, a leader in the industrial real estate market, elected to partner with The MFA Companies to fuel their growth through efficient and strategic pre-tax planning as well as both short- and long-term business and financial consulting. Listen to their success story.

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