TAX AND EMPLOYEE BENEFITS

Bourne, Noll & Kenyon’s tax practice focuses primarily on the tax planning needs of individual taxpayers and the closely held businesses in which they serve as principals.

The services the firm offers include:

preparing and filing federal and state personal and fiduciary income tax returns and advising clients with regard to withholding requirements, estimated tax payments and general compliance measures
assisting with the purchase and sale of closely held businesses; evaluating and advising clients with regard to the income and estate tax ramifications relating to such transactions
advising clients in negotiating and implementing executive compensation and separation agreements, including qualified and non-qualified deferred compensation arrangements and stock option plans
advising clients with regard to succession planning for their closely held businesses including the negotiation and preparation of stock purchase, buy-sell and other agreements designed to implement an effective exit strategy for the executive from his or her company
advising clients who are planning for their retirement and those who are retired with regard to planning for distributions from their retirement accounts (qualified plans and IRAs) and other employee benefit plans
representing clients in connection with IRC Sec. 1031 Like-Kind Exchanges
representing individuals and fiduciaries in connection with examinations and audits of individual and fiduciary returns at the federal and state levels