• Estate Planning

Estate planning on your own can be complicated and costly. And the list is endless … state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRAs, 401Ks, annuities, burial or cremation costs, and intent regarding death-postponing treatment to name a few. Not knowing your legal and financial rights often ends up costing you more in the end.

We will help you …

• Clearly define your estate planning goals.
• Organize and create your estate planning team (experts on law, finance, and taxes) if you need one.
• Evaluate and recommend estate planning options.
• Prepare, organize and review your estate planning documents including current wills, trusts, health care and power of attorney.
• Decrease the problems and expenses associated with probate.
• Lessen taxes at time of death.
• Arrange for management of your estate in the event you are incapacitated.
• Draft a working plan for conserving and effectively managing your estate after death.
• Transfer the assets of your estate to heirs the way you want.
• Organize fair and adequate liquidation of estate to cover taxes and other expenses.
• Amend your plan as needed.

We can also assist with:

• Living Wills and Trusts.
• Lifetime Family Wealth Transfers.
• Family partnerships and other business relationships.
• Leaving money to charities.
• Preparation for estate and trust tax problems.

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• Personal Home Bookkeeping
   
  Whether you are no longer entirely independent or simply need extra help to enjoy your life, we can assist you in any of the following areas …
  • Reviewing and paying household bills, budgeting, and record keeping.
  • Assistance with check writing and checkbook balancing.
  • Making sure money is received, receipted, and deposited.
  • Handling day-to-day financial transactions such as home repairs, routine maintenance, and emergency medical expenses.
  • Planning retirement account distributions and safeguard against improper disbursements.
  • Organizing and reviewing financial documents to determine what needs to be addressed.
  • Preparing an inventory of personal assets and investments.
  • Identifying and planning your retirement income, needs, and goals.
  •  Determining current and long-term cash flow needs by analyzing income and expenses.
  • Addressing questions about lifestyle, Social Security, pensions, Medicare, and long-term insurance.
  • Monitoring investment portfolio and other assets in conjunction with their investment advisor.
  • Preparing, planning, and filing income, trust, gift and estate tax.

For a complimentary consultation, please call us at 716.667.2577.

Paul D. Voytovich, CPA looks out for your best interest. Whether you need assistance in preparing your annual tax filings, help in minimizing future taxes, or representation when dealing with the IRS or the NYS Department of Taxation, we can help!
 

• Tax Preparation
  • Software-based tax preparation
  • Electronic filing
  • Advice on payroll adjustment to optimize your regular withholdings
  • Consultation on potential deductions to limit next year’s tax liability.
• Tax Planning
  • Asset preservation and growth
  • Income deferral
  • Tax reduction strategies
    • Income taxes
    • Estate taxes
    • Taxes on gifts
    • Taxes on investments
    • Taxes on retirement distribution
• Tax Problems
  • Audit representation: IRS and NYS
  • Non-filed tax returns
  • Back taxes
  • Payroll tax problems
  • IRS liens
  • IRS levies
  • IRS wage garnishment
  • IRS seizures
  • Offer in compromise
  • IRS payment plans
  • Bankruptcy
  • Innocent spouse relief
  • Getting your IRS file

For a complimentary consultation, please call us at 716.667.2577.