Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.

Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.

We recommend Tax Saving Strategies that help you...

- Grow and preserve assets by keeping Uncle Sam out of your pockets.
- Defer income so you can keep your money now and pay less taxes later.
- Reduce taxes on your income so you keep more of what you make.
- Reduce taxes on your estate so your family keeps more of what you've made.
- Reduce taxes on your gifts so you can give more.
- Reduce taxes on your investments so you can grow your wealth faster.
- Reduce taxes on your retirement distributions so you can retire in style.

TAX SERVICES

Real Estate Consultation

We specialize in residential and commercial partnership tax reporting for investors and business owners. We provide direct support for un-raveling the impact of the flow-through entity income tax deduction known as the Qualified Business Interest Deduction. In addition, we have 20 + years in the home building industry as operators and in consulting others in the business; including financing operations, production management, and accounting operations. We also help clients in real estate development, through cost accounting for projects, tax reporting for flow-through entities, and installment style sales financing for lots acquired or developed.

We are passionate about helping Real Estate Entrepreneurs make the transition from part time investor to active business owner. We can ease this transition and answer you questions in several major areas such as:

- What entity is best run your operation?
- The most effective manner to minimize business risk and income taxes?
- How to structure real estate holdings for effective estate planning?
- What tools are needed to produce financial data for effective decision making and recording results for tax preparation and management of the venture or properties.
- Strategic planning for operations including building financial models enabling predictive results.
- General real estate accounting, which includes cost accounting and tax preparation.
- Training and back up for key accounting and land acquisition personal in real estate operations.

BUSINESS ADVISORY SERVICES

Our Advisory Services consist of building custom packages to help small businesses grow in a strategic manner. We believe that only coordinated and organized effort towards a defined goal is the only way to deliver Advisory Services. This holistic approach to understanding your business and industry is a keystone to our philosophy.

Below is a list of the areas we tackle for businesses

Financial and operational planning
Acquisitions and dispositions
Succession planning for principals and business transitions
Entity structuring
Real Estate strategic planning and Negotiations
Tax planning
Wealth management

In conjunction with our Affiliated partners:
Hiring and recruiting for growth
Sales training
Real estate management
Constructuon management

ESTATE MANAGEMENT

From simple to complex Estates, there are a myriad of issues involving the establishment, management and distribution of Estate assets. Even with simple Estates, the issues involving conveying assets to Trust, coordinating with beneficiaries, and wrapping up tax reporting for the decedent can be very time consuming. Coordination and communication is the key to speeding up the process and minimizing the headaches.

With complicated Estates come complicated management issues. Often times, large and complex Estates involve the following issues:

- Executing the will and dealing with the probate process;
- Compiling an inventory of the Estate Assets; often times assets are difficult to find and identify;
- Filing tax returns and documents with the authoritative bodies;
- Managing and caring for Estate assets during this process, be it business interests, real estate, or monetary assets
- Transferring assets to the beneficiaries or Trust, and coordinating with Trustees for the ongoing care of those assets
- Wrapping up and closing out the Estate.

Our team is experienced in handling these steps and can walk you through the process to the degree you desire. We build individualized programs to meet the client needs, ranging from providing outlines of the process (for the client desiring to self manage the Estate process), to helping manage each detail of the process (for the client who is too busy to run down the issues in an ongoing manner).

PERSONAL FINANCIAL PLANNING

Building and preserving your personal wealth requires specialized attention. You get one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth. We help you...

- Save enough for a comfortable retirement by identifying your retirement needs, analyzing your assets and sources of retirement income, reviewing estimated shortfalls, and identifying the best ways to save for retirement given your financial situation and risk tolerance.
- Pay for your child's college education by accurately estimating the amount of money you'll need, analyzing your assets, reviewing estimated shortfalls and considering general alternatives and strategies to help address these potential shortfalls, and developing an optimal savings plan given your financial situation and risk tolerance.
- Protect your family in case you become disabled by ensuring you have enough money in your emergency fund and analyzing your life, disability, health, home, and auto insurance coverage. We also review your will and various powers of attorney designed to take care of your affairs in the event you are incapacitated and can't manage them yourself.
- Achieve your investment goals by identifying the steps needed to maximize your investment returns as well as the steps needed to help minimize your risk while building increased predictability of your investment returns.
- Leave a legacy for your heirs by maximizing the value of your estate by saving tax dollars, professional fees, and court costs. As well as minimizing the costs of probate, creditors, lawyers, and estate taxes, which can negatively impact the value of your estate. We also help you stay in control of your affairs by providing a road map for passing your estate on to your heirs.
 

MERGERS & ACQUISITIONS

Bibb Cunningham & Associates have historically grown companies through smart & flexible acquisition efforts. We have programs to fit most needs, with the key ingredient being flexibility for the seller. In the past, we have used merger or asset acquisition structures for those wanting to ease out of the business over a number of years; for those looking to sell a part of their business; or someone needing to move quickly for personal reasons. In all cases, the client's needs and maintaining a high level of service for the clients have been the forefront consideration.

Our experience in acquiring businesses enables us to quickly bring all parties through the process in a fair and balanced way. So, if you are looking to sell your practice today, or in the future, we would enjoy a chance to discuss the opportunity to work together.