New Form 990 Draft (PDF, 4.4 MB)

Proactive tax planning is our trademark at Halt, Buzas & Powell. After-the-fact compliance with the rules and regulations is not enough. The best way to successfully minimize tax liability is to plan for it far in advance. Halt, Buzas & Powell has extensive experience in all aspects of federal and state tax compliance and planning, including:

Strategic Tax Planning

• Planning for business reorganizations, capitalizations, liquidations, start-up ventures and mature businesses
• Help in choosing the most tax-beneficial entity structure, tax accounting methods and fiscal year
• Personal income and estate tax planning, advice for closely held businesses, including estate and succession planning, assistance with qualified pension plans and employee benefit programs
• Planning for multi-state tax advantages

Compliance

• Preparation of corporate, partnership, trust, estate, and individual returns
• Preparation of sales and use tax returns
• Preparation of business license forms and personal property returns
• Representation before tax authorities

Estate & Trust Tax Preparation

Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Not-For-Profit

Halt, Buzas & Powell is deeply committed to the non-profit sector as a major focus of the Firm. We currently represent in excess of one hundred non-profit organizations in the Washington area, with budgets ranging from $100,000 to $15,000,000 plus. HB&P has extensive audit and review experience with a wide range of non-profit clients. We are well versed in the audit and reporting requirements of non-profits, including GAAS, GAAP, Yellow-Book and various other federal and state regulations. We also have a very significant background in federal and state tax treatment of non-profits.

A partial listing of services we provide to non-profit organization is as follows:

• Obtaining tax exempt status
• Assisting in the management of grants
• Developing strategies for institutional planning
• Monitoring of Congressional, Federal and other regulatory developments
• Providing Yellow Book and A-133 audits
• Preparing 990 Forms

We provide periodic client alerts to keep our clients informed of late-breaking news that may impact them directly, and we provide regular training sessions in the use of certain non-profit accounting related software applications. We also sponsor several seminars for non-profits every year. Seminar topics may include the discussion of partnership with the board, how to increase resourcefulness of management, how to improve strategic planning, keys to financial management and resource development, and a variety of other topics vital to the ongoing success of non-profit organizations. Let us know if you would like to attend one of our workshops.