Tax Services

We view Tax Planning and Tax Compliance as very different services. Our active interest in ongoing operational and industry issues enables us to tailor tax strategies to each client’s specific situation.

By addressing issues affecting both individuals and their business ventures, we offer a comprehensive approach to planning and compliance. We can help you sort through the many retirement planning options available and help identify which plan best fits your individual or business needs. We continually strive to exceed our clients’ expectations by providing personalized service, independent advice, and creative tax opportunities.

Our estate planning team has worked with many family owned and privately held companies through the inevitable transition of family wealth and estate succession. Our primary goal is to assist individuals and their attorneys in effectively transferring wealth while minimizing unnecessary estate, gift and generation-skipping taxes.

Our tax professionals help individuals and businesses determine the risks, burdens, and opportunities of operating in multiple tax jurisdictions. We provide our clients with a variety of state and local tax services, including credits and incentives, income and franchise taxes, property taxes, and sales and use taxes.

Whether you have just one bank account outside of the United States or a complex business structure, we can help with your inbound or outbound taxation needs. We have experience in Offshore Voluntary Disclosure Programs, Streamlined Submissions, and Delinquency Procedures.

The IRS uses very specific revenue and expense categories to determine if an organization will retain its tax-exempt status. At KROST, we can help with the accounting and tax compliance for private foundations and public charities.